TAE Technologies

Develops fusion energy solutions and treatments

Lake Forest, California, United States

About TAE Technologies

TAE Technologies develops fusion energy solutions aimed at providing a sustainable and abundant energy source. The company focuses on maintaining control over plasma, which is essential for the fusion process. Their products are designed to be clean, compact, affordable, and safe, targeting energy providers, governments, and industries looking for clean energy alternatives. TAE Technologies differentiates itself from competitors through its commitment to commercialization of fusion energy technology and its extensive research background, having published over 150 papers in peer-reviewed journals. Additionally, TAE Life Sciences, a subsidiary, works on innovative cancer treatments using boron neutron capture therapy (BNCT). The goal of TAE Technologies is to transform the energy landscape and contribute to a sustainable future.

Lake Forest, CaliforniaHeadquarters
1998Year Founded
$1,071.9MTotal Funding
GRANTCompany Stage
Energy, Biotechnology, HealthcareIndustries
201-500Employees

Risks

Commonwealth Fusion Systems' ARC reactor could outpace TAE in commercializing fusion energy.
Resurgence of cold fusion interest may divert resources from TAE's hot plasma fusion.
UK's potential first commercial fusion reactor by 2030s could challenge TAE's market position.

Differentiation

TAE Technologies focuses on hydrogen-boron fusion, producing no radioactive waste.
They have a subsidiary, TAE Life Sciences, pioneering boron neutron capture therapy.
TAE Power Solutions leverages fusion research for advancements in e-mobility and energy storage.

Upsides

California's new legislation supports fusion energy, benefiting TAE Technologies' future projects.
Congressional Fusion Energy Caucus visit highlights growing political support for TAE Technologies.
TAE's UK battery testing facility could advance e-mobility and energy storage technologies.

Funding

Total raised$1.07 B
Latest valuation$2.60 B
StageGRANT