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November 22 | Michl Binderbauer

Reflections on Thanksgiving

TAE Technologies Team

As we prepare to celebrate the holiday, I wanted to take a moment to reflect and give thanks.

TAE Technologies is located in California, where several devastating wildfires are still burning as I write. Our thoughts and prayers go out to everyone who was affected. Every day, I am grateful for all the brave firefighters and other first responders who put themselves in danger to keep our loved ones and us safe.

California has always been at the forefront of new ideas and new experiences. From the day we started TAE Technologies 20 years ago to the beginning of my newest role as CEO, we have remained relentlessly committed to the development of fusion power to provide the world with an unlimited supply of clean energy. Our interdisciplinary approach to fusion has produced breakthroughs in the last 10 years that have not been achievable in the 50 years prior.

It has been our belief that the development of fusion power will alleviate many of the world’s problems – climate change, pollution, water supplies, health – and lift up those less fortunate communities. We continue our work both with optimism and with grit to deliver on the promise of fusion.

I am grateful and encouraged by the world’s awakening to the need for continuous, 24/7, on-demand, grid-ready, carbon-free power as part of a renewable energy mix as we continue our quest to develop fusion.

TAE Technologies thanks all those who have come before us, our colleagues in the fusion energy space, and most notably our courageous Board of Directors and investors, who have helped deliver us to this precipice.

Lastly, I want to thank the tremendous team we have assembled. I am grateful for their tireless spirit and ingenuity with which they approach obstacles we encounter on our path toward fusion, and the advancement in technologies spawned by such ingenuity. I am grateful that innovations arising out of our fusion efforts will soon fundamentally improve the outcomes for cancer patients with few traditional options and dramatically impact the electric vehicle space and, by extension, the environment.

Thank you for your interest and support for our work. I wish you all a warm, happy holiday.

Michl

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