TAE Technologies
American nuclear fusion company
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2025 | The Copernicus device is expected to attain net energy gain, with an approximate reactor cost of $200 million and planned operating temperatures of around 100 million°C for deuterium-tritium fusion validation. |
2023 | TAE Technologies published a peer-reviewed paper reporting the first measurement of p-11B fusion in magnetically confined plasma at the LHD in Japan. |
2022 | TAE Technologies planned to start construction of the Copernicus device, a hydrogen-powered fusion reactor project. |
2021 | TAE Technologies announced a joint three-year research project with Japan's Institute for Fusion Science (NIFS) to study the effects of hydrogen-boron fuel reactions in the NIFS Large Helical Device (LHD). |
2021 | TAE Technologies reported raising its total investment to around $880 million. |
September 2021 | TAE Technologies established a new division called Power Solutions to commercialize power management systems developed from the C-2W/Norman reactor, targeting electric vehicle, charging infrastructure, and energy storage markets. David Roberts was appointed as the CEO of this new division. |
2018 | TAE Technologies partnered with Google's Applied Science team to develop Norman technology and maximize electron temperature, with the goal of demonstrating breakeven fusion. |
July 2018 | Michl Binderbauer transitions from CTO to CEO after Steven Specker's retirement, continuing the company's leadership. |
March 2018 | TAE Technologies raised $40 million to create TAE Life Sciences, a subsidiary focused on boron neutron capture therapy (BNCT) for cancer treatment. The funding was led by ARTIS Ventures, and the subsidiary partnered with Neuboron Medtech to install their beam system. |
February 2018 | After 4,000 experiments, TAE Technologies reached a high temperature of nearly 20 million degrees Celsius with the Norman reactor. |
2017 | TAE Technologies renamed the C-2W reactor to 'Norman' in honor of company co-founder Norman Rostoker, who passed away in 2014. |
2017 | Using a machine learning tool developed with Google and the 'Optometrist Algorithm', TAE Technologies achieved significant improvements in plasma containment and stability over the previous C-2U machine. The study's results were published in Scientific Reports. |
November 2017 | TAE Technologies was admitted to the US Department of Energy's 'Innovative and Novel Computational Impact on Theory and Experiment' program, gaining access to the Cray XC40 supercomputer. |
July 2017 | The Norman reactor achieved plasma, capable of operating at temperatures between 50-70 million degrees Celsius. |
May 2017 | Ernest Moniz, former United States Secretary of Energy, joins TAE Technologies' board of directors. |
October 2016 | Steven Specker becomes CEO of TAE Technologies, succeeding the previous leadership. |
2014 | TAE Technologies began collaborating with Google to develop a process for analyzing plasma behavior in fusion reactors. |
October 2012 | The Government of Russia, through Rusnano, invested in Tri Alpha Energy. Anatoly Chubais, Rusnano CEO, became a board member of the company. |
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