![[TAE-logo.svg|300]] Company website: [https://tae.com/](https://tae.com/) ### Introduction TAE Technologies was founded in 1998 by Norman Rostoker, George Sealy, Harry Hamlin, and Andrew Conrad, initially as Tri Alpha Energy, with a focus on developing aneutronic fusion using boron and hydrogen for clean energy production. Headquartered in Foothill Ranch, California, TAE's mission is to develop commercial fusion power with the cleanest environmental profile, representing the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid, while also advancing innovations in power management and life sciences. The company's key focus areas include pursuing beam-driven field-reversed configuration (FRC) fusion reactors for aneutronic p-B11 fusion, developing power management systems for e-mobility and energy storage, and applying accelerator technology to cancer treatment via Boron Neutron Capture Therapy (BNCT); TAE has built five generations of fusion devices and is working on a sixth, aiming for net energy gain and commercial plants in the 2030s amid growing demand for sustainable energy solutions. ### Key Products and Technology - **Norman (C-2W) Fusion Device**: Fifth-generation FRC reactor demonstrating plasma sustainment and heating; features neutral beam injection for stability, high plasma temperatures over 70 million degrees, and simplified plasma formation reducing costs; applications in advancing toward commercial fusion, validating p-B11 aneutronic reactions for clean energy without radioactive waste. - **Copernicus Fusion Reactor**: Next-generation prototype under development; features scaled-up FRC for testing fusion conditions closer to commercial viability, integration of advanced beam-driven stabilization; applications in achieving net energy gain, de-risking path to Da Vinci power plant for grid electricity by 2030s. - **Da Vinci Fusion Power Plant**: Planned commercial reactor targeting p-B11 fusion; features compact design, no neutron damage to materials, direct energy conversion for efficiency; applications in producing carbon-free electricity and heat for utilities, data centers, and industrial processes. - **TAE Power Solutions**: Spin-off for energy storage and e-mobility; features intelligent power management systems derived from fusion tech, like high-efficiency inverters and chargers; applications in EV charging, grid stabilization, and renewable integration. - **TAE Life Sciences**: Accelerator-based BNCT for cancer treatment; features targeted radiation therapy using boron compounds and neutron beams; applications in treating aggressive tumors like glioblastoma with minimal side effects. ### Team and Leadership - **Michl Binderbauer, Chief Executive Officer**: Oversees strategy and commercialization since appointment in 2017; Ph.D. in plasma physics, key developer of FRC technology; focuses on fusion breakthroughs and partnerships. - **Toshiki Tajima, Chief Science Officer**: Directs scientific research; Nobel Prize nominee in physics, pioneer in laser acceleration. - **Ran Bareket, Chief Financial Officer**: Manages finances and funding; background in tech and energy investments. - **Marco Arese, Board Member**: Provides strategic guidance. - **Jeffrey R. Immelt, Board Member**: Former GE Chairman and CEO, joined in 2017; advises on scaling and operations. ### Recent News and Developments (2025) | Date | Event | Details | |------|--------|---------| | June 3, 2025 | Featured in TechCrunch on Funding | Highlighted the $150 million raise and Google's continued investment, noting progress toward commercial fusion. | | June 2, 2025 | Raises $150 Million in Funding | Secured over $150 million from investors including Google, Chevron, and NEA to advance Copernicus reactor and commercial goals, bringing total funding to $1.3 billion. | | April 15, 2025 | Delivers Fusion Breakthrough | Announced streamlined plasma formation via neutral beam injection in Norman device, reducing costs and complexity for future power plants. | | March 12, 2025 | Advances INFUSE Program Research | Published overview of DOE-funded projects enhancing fusion R&D through collaborations. | ### Partnerships and Collaborations - **Google**: Long-term partnership since 2014 for AI-driven fusion advancements, including plasma optimization; renewed commitment in 2025 funding round. - **Chevron**: Strategic investor since 2018, supporting fusion development; participated in 2025 funding round for clean energy transition. - **New Enterprise Associates (NEA)**: Lead investor in multiple rounds, including 2025 $150 million; provides expertise in scaling tech companies. - **National Institute for Fusion Science (NIFS), Japan**: Partnership announced in prior years, ongoing in 2025 for fusion fuel research and plasma studies. - **Oxy Low Carbon Ventures (OLCV)**: Memorandum for exploring fusion in direct air capture, leveraging TAE's technology for emissions-free power. - **U.S. Department of Energy (DOE) via INFUSE**: Collaborations with national labs like LLNL for fusion R&D advancements in 2025. ### Closing Note Having raised over $150 million in June 2025, bringing total funding to $1.3 billion, TAE Technologies is at an advanced prototype stage with Norman breakthroughs, poised for Copernicus testing and commercial outlook in the 2030s despite scaling challenges. *Report generated July 28, 2025*