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Nuclear Fusion Powers Stars. Could It One Day Electrify Earth?
Some companies are exploring different fuels as well as different designs. California-based TAE Technologies, which has been in business since 1998, is building a nuclear reactor that’s designed to fuse hydrogen with boron-11 by colliding plasma “smoke rings” inside a long, cigar-shaped chamber. This setup would need to hit temperatures even higher than those in tokamaks. But if scaled-up versions work, they could generate electricity without the neutron fusillade.
TAE Plots Irvine Expansion
TAE Technologies in Foothill Ranch is one step closer to making its ambitious dream of tapping into almost limitless supplies of energy come true, and is expanding its operations to Irvine to help move those plans forward.
Q&A: Fusion Firm Backed by Google Hopes for Mid-Decade Milestone
TAE Technologies Inc., a nuclear fusion startup backed by Alphabet Inc.’s Google, Chevron Corp. and Japan’s Sumitomo Corp., hopes to see an “essential milestone” on its path to build a commercial fusion reactor by the middle of this decade. TAE’s efforts received a kickstart in July as the fusion startup secured $250 million in its latest funding round.
Google and Chevron Invest in Nuclear Fusion Startup That’s Raised $1.2 Billion
Google, the search giant owned by parent company Alphabet, has partnered with TAE since 2014, providing the fusion startup with artificial intelligence and computational power. But this marks Google’s first cash investment in TAE.
For a Clean Energy Future, Our Relationship to the Grid Must Change
Our current domestic electrical grids are woefully inept to integrate necessary renewable energy sources. The answer to solving this problem lies within a new approach to energy use: one that focuses on optimizing the way customers and their technologies interact with the grid.
TAE Technologies Commercializes Breakthrough Power Management Technology Developed for Fusion to Revolutionize Electric Vehicles, Charging Infrastructures, and Energy Storage
TAE Technologies, the world’s largest private fusion energy company, announces the formation of its TAE Power Management division, that will bring disruptive power management capabilities originally developed for the company’s fusion power control systems to the mobility and energy storage sectors. Veteran industrialist David Roberts has been named Chief Executive Officer of the rapidly growing division. He will report to TAE Group CEO Michl Binderbauer.
TAE Technologies Expands Executive Team with William Coaker as Chief Investment Officer
TAE Technologies is pleased to announce the appointment of William Coaker as the company’s first Chief Investment Officer. Bill comes to TAE with over two decades of experience in investment, most recently as Chief Investment Officer for the San Francisco Employees Retirement System (SFERS), a $34 billion public pension plan. Bill’s leadership and vision will play a central role in TAE’s next phase of growth.
Fusion Energy Milestone from TAE Technologies Validates Path to Cost-Competitive Carbon-Free Baseload Energy Company Raises Additional $280M for Reactor-Scale Demonstration Facility
TAE Technologies, the world’s largest private fusion energy company, has announced a landmark fusion technology milestone by producing stable plasma at 50M+ degrees Celsius in a proprietary compact reactor design that can scale to competitive fusion-generated power.
TAE Life Sciences secures $30M in initial B round to accelerate development of unique boron delivery drugs for novel cancer treatment, boron neutron capture therapy (BNCT).
TAE Life Sciences (TLS), a biological-targeting radiation therapy company developing next-generation boron neutron capture therapy solutions (BNCT), announced the launch of an innovative in-house boron delivery drug development program supported by an influx of $30M in funding. The initial phase of the B-round funds comes from a consortium of investors including ARTIS Ventures, who led the company’s initial funding in 2018.
TAE Technologies Wins Three INFUSE Awards to Further Fusion Energy Research
TAE Technologies, Inc., the world’s largest private fusion energy company, has been awarded three funding partnerships for continued fusion research through the U.S. Department of Energy’s (DOE) Office of Fusion Energy Science’s (FES) Innovation Network for Fusion Energy (INFUSE) program.