TAE Technologies, founded in 1998, aims to develop commercial fusion power with a clean environmental profile. The company has filed over 1,800 patents globally, raised $1.2 billion in private capital, built five National Laboratory-scale devices, and has a team of over 400 employees. TAE's main goal is to reduce human impact on the environment through safe, clean, and economically competitive carbon-free fusion technology.
The company has developed an advanced beam-driven Field-Reversed Configuration (FRC) platform, which combines accelerator and plasma physics to solve the challenge of plasma confinement. TAE focuses on a fuel cycle based on hydrogen-boron (p-B11), which is safe, abundant, and environmentally friendly. Their fifth-generation fusion reactor prototype, Norman, has demonstrated the necessary temperature requirements to scale their compact linear configuration for cost-competitive utility-scale commercial fusion.
TAE Technologies has raised over $1.2 billion in private funding from investors such as Google, NEA, Venrock, Wellcome Trust, and various family offices.
|Foothill Ranch, CA USA
|Field Reversed Configuration
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Sources: Company website, Fusion Industry Association Annual Report 2022