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As fusion developers around the world race to commercialize fusion energy, TAE Technologies has pioneered the pursuit of the cleanest and most economical path to providing electricity with hydrogen-boron (also known as p-B11 or p11B), an abundant, environmentally sound fuel. Today the company is announcing, in collaboration with Japan’s National Institute for Fusion Science (NIFS), a noteworthy research advancement: the first-ever hydrogen-boron fusion experiments in a magnetically confined fusion plasma.
Commercial fusion energy has been making headlines since scientists at the Lawrence Livermore National Laboratory in California achieved what many have said was impossible: a fusion experiment that created a net energy gain.
With more than a dozen companies working on different designs to trigger and control fusion reactions, researchers have also come up with innovative systems that can be used in applications from medicine to industrial imaging to electric vehicles. Creating businesses around these products can generate revenue now that will help support the end-goal of a fusion power plant, said Michl Binderbauer, chief executive officer of TAE Technologies Inc.
Introducing TAE Power Solutions, a power management spin-off company from fusion energy leader TAE Technologies
TAE Technologies, the world’s largest private fusion energy company, today announces the formation of TAE Power Solutions, a new subsidiary. TAE Power Solutions intends to deliver a first-of-its-kind technology to fundamentally improve the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.