What the press is saying.
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Reporting on challenges with tritium fuel for fusion, Science notes TAE Technologies has “decided to simply forgo tritium” to “use plain hydrogen and boron.” TAE’s hydrogen-boron fusion will “require higher temperatures than [deuterium-tritium], but the [company thinks] that’s a price worth paying to avoid tritium hassles” and produce the cleanest, safest fusion reaction.
Michl Binderbauer has made an audacious promise. Within the next decade, his company, TAE Technologies, will create a nuclear fusion reactor that delivers energy to the power grid.
“It’s not false confidence,” said Binderbauer, the CEO of TAE. “The building blocks we need — they’re coming.”
Google-backed TAE Technologies, which has raised $880m (£650m), predicts its reactors will be commercialized within ten years. In experiments, the company has already reached more than 50 million degrees Celsius, and a new prototype will operate at more than 100 million degrees Celsius. “Our livelihoods depend on delivering – or we’re gone,” says Michl Binderbauer, chief executive of TAE Technologies, which has operated since 1998.
A US company is speeding up the path to practical fusion energy by using Google’s vast computing power. By applying software that can improve on its own, TAE Technologies has cut down tasks that once took two months to just a few hours. Google has lent the firm its expertise in “machine learning” in order to help accelerate the timeline for fusion. “I want to deliver fusion first, but anyone who does it is a hero,” TAE’s chief executive Dr Michl Binderbauer told BBC News.
With Google’s assistance using machine optimization and data science, TAE achieved the major goals for their fusion platform, Norman, which brings us a step closer to the goal of breakeven fusion. They have completed a design for an even more powerful machine, which they hope will demonstrate the conditions necessary for breakeven fusion before the end of the decade. TAE has succeeded with two complete machine builds during our collaboration, and we are really excited to see the third.
TAE Technologies is pleased to announce the re-appointment of Marco Arese to its Board of Directors. Arese brings a wealth of entrepreneurial experience activating global capital, scaling international business, and cultivating renewable energy opportunities, all of which he will leverage on behalf of the company as it continues commercialization of its transformational technologies.
TAE Technologies’ modeling group has won a 2018 US Department of Energy INCITE (Innovative and Novel Computational Impact on Theory and Experiment) award on the Argonne Leadership Computing Facility’s Theta supercomputer. The award is for 31MCH (million core hours), which is equivalent to 100MCH on ALCF’s Blue Gene supercomputer, Mira, and will be used to accelerate our research in creating clean fusion energy.
TAE Technologies Welcomes Secretary of Energy Rick Perry on Tour of World’s Leading Private Fusion Energy Facility
TAE Technologies recently welcomed the Department of Energy and Secretary Rick Perry for a tour of our National Laboratory-scale platform, Norman. “It was an honor to host the Secretary and share with him our enthusiasm for the opportunities our fusion pathway can provide,” said CEO Michl Binderbauer.
TAE Technologies is proud to announce new executive appointments to lead the next phase of the company’s growth: Michl Binderbauer has been named Chief Executive Officer, assuming leadership from retiring CEO Dr. Steven Specker. Former GE Chairman and CEO Jeffrey R. Immelt joins the company’s Board of Directors.
Energy Manager Today 75 Award recognizes excellence in environmental sustainability and energy management.