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January 31, 2024
It was a pleasure to host California’s Lt. Gov. Eleni Kounalakis at our Foothill Ranch HQ this week! We had the opportunity to share our progress, provide a tour of our fifth-generation fusion device, and give the Lt. Gov. a sneak peek into the breakthrough technologies for the grid and electric vehicles that we’re building with our TAE Power Solutions team.
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.
Chevron Invests in Google-Backed Nuclear Fusion Group Pursuing ‘Perfect Power’
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.
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 Appoints New Executive Leadership
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.
TAE Technologies Named Energy Manager Today 75 Honoree
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.
TAE Technologies’ Fusion Machine Exceeds Prior Operations and Performance Levels in Record Time
World’s most powerful field-reversed configuration plasma generator steps company closer to delivering Friendly Fusion.