What the press is saying.
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With energy prices on the rise, along with demands for energy independence and an urgent need for carbon-free power, plans to walk away from nuclear energy are now being revised in Japan, South Korea, and even Germany. TAE’s approach, which involves creating a fusion reaction at incredibly high heat, has a key advantage.
The Sun’s surface is 15 million degrees Celsius, which is relatively balmy compared to the 75 million degrees Celsius that TAE Technologies recently generated in July. This temperature benchmark in the company’s current machine, named Norman, demonstrated “unmatched real-time control of plasma.”
Some fusion projects aim to create hundred-million degree working temperatures in magnetically confined plasma. The CEO of TAE Technologies tells us his team’s aiming for 10 times that temperature, targeting cheaper, easier and safer boron fuel.
The world has been watching the many nuclear fusion tokamak experiments with keen interest, but the stage is also set for those who are trying something a bit different, like stellarators and other reactor formats. That’s where TAE Technologies comes in.
Nuclear energy is having a moment. Last month, TAE Technologies Inc., a nuclear fusion company in southern California, raised $250 million. Industry watchers describe the company’s approach, which requires creating a fusion reaction in incredibly high heat, as perhaps the biggest scientific gamble in the field.
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.
TAE Technologies Announces First Subsidiary Company for Life Sciences with Potential to Reshape the World of Oncology
TAE Life Sciences leverages fusion energy breakthroughs to provide technology for a promising, investigative cancer treatment.