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Browse official announcements, company updates, and press releases from TAE Technologies.
TAE Technologies and UKAEA partner to commercialize advanced fusion technology
TAE and UKAEA partner to commercialize advanced fusion technology – New joint venture TAE Beam UK will develop neutral beams for fusion and accelerator innovations for non-fusion applications.
TAE shortens device roadmap, prepares for commercial era
TAE’s Norm machine – the first to produce FRC plasmas with only neutral beam injection – has performed beyond expectations, leapfrogging a planned sixth device, Copernicus
TAE Technologies raises $150 million in latest funding round
TAE Technologies has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated, among other new and existing investors.
TAE Technologies Delivers Fusion Breakthrough that Dramatically Reduces Cost of a Future Power Plant
Experimental results published in the peer-reviewed journal Nature Communications prove TAE’s streamlined approach to form and optimize plasma in its Norm machine increases efficiency, significantly reduces complexity and cost, and accelerates the company’s path to net energy and commercial fusion power.
Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities
Oxy Low Carbon Ventures (OLCV) and TAE Technologies signed a memorandum to explore using TAE’s fusion technology for emissions-free power and heat in Direct Air Capture (DAC) facilities. The partnership aims to integrate fusion energy with Occidental’s clean energy sources for DAC operations.