March 2022

TAE featured at first-ever White House Summit on commercial fusion

TAE Technologies was honored to be among the small group of companies invited to Washington, D.C. on March 17 for a notable first: a White House Summit devoted entirely to the promise and progress of the fusion industry, laying out a “Bold Decadal Vision of Commercial Fusion.”

The event featured Secretary of Energy Jennifer Granholm, National Climate Advisor Gina McCarthy, White House Office of Science & Technology Policy Director Alondra Nelson, and a bipartisan lineup of Members of Congress – a bold statement of top-level support for fusion energy as a crucial component of our clean energy future.

This is history in the making, and as part of the event, TAE CEO Michl Binderbauer was invited to share our company’s exceptional advancements in the field alongside our vision for a future with economic security, global energy independence, and energy equity.

During a public session, Michl detailed TAE’S commitment to delivering grid-ready fusion by 2030, and how our public sector partners can help. If you missed Michl’s White House panel, a replay is available here. We’ve also developed a history of our fusion devices to help visualize the significant progress we have made.

While the Administration called the White House Summit a “first step” in support of fusion, there were other signs of immediate progress, including a new senior Fusion Policy Coordinator at the Department of Energy and $50 million in new funding to support the design of fusion power plants.

What we’re witnessing now is a growing bipartisan support for fusion, both at the Summit and in recent moves by Congress, such as this month’s funding of the fusion Public-Private Partnership cost-share program.

OSTP Director Nelson summed it up nicely:

“We’re here today because the world is on fire. Because generations before us made bold investments to give us the first solutions to this crisis. Because we must act. And we believe that when it comes to fusion, the time is now.

Thank you for supporting TAE and our unique clean fusion solution as we forge the path to perfect power.

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