What the press is saying.
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Growing investment and collaboration are making nuclear fusion more viable than ever.
Ahead of the cold winter weather, there is a rush on heating fuel in Ireland, where people are stockpiling turf logs — a uniquely Irish fuel that is made from dried-out bricks of peat cut from the country’s once extensive boglands.
Nuclear fusion is the primordial source of the sun’s energy. For decades, scientists have been trying to re-create it on Earth. Now they’re closer than ever to achieving it—and to unlocking a future of clean power for all.
Nuclear fusion might be one of the most valuable tools humans will develop to battle climate change—but will we all be underwater by the time it gets here? There is no question that the next few years are critical. “We know that we can do some impact positively with renewables, no question. But we also know that they can’t do 100 percent,” TAE Technologies CEO Michl Binderbauer told Newsweek. “What ideally happens is we maximize solar and wind as soon as we can in areas where it makes sense … And hopefully, very quickly, you’re ramping fusion.”
For a field that has existed for more than 60 years, a lot has happened in fusion research in the last half-decade. In fusion’s case, a trio of technological advances converged in the early 2010s to unleash a wave of innovation. “I think you see this beautiful inflection point in this field where the science maturity and technical capability come together,” said Michl Binderbauer, CEO of TAE Technologies.
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, 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.
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.