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TAE Technologies

TAE Technologies

Develops fusion energy solutions and cancer treatments

About

TAE Technologies develops fusion energy solutions aimed at providing a sustainable and abundant energy source. The company focuses on controlling 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 generates revenue through partnerships, research grants, and future energy production contracts. Additionally, they have a subsidiary, TAE Life Sciences, that works on cancer treatments using boron neutron capture therapy (BNCT). With over 150 published research papers, TAE Technologies is dedicated to advancing energy technology and promoting a sustainable future.

Company Stage

Series G

Employees

201-500

Industries

Energy, Biotechnology

Total Funding

$1.7B

Headquarters

N/A

Founded

1998


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Simplify's Take

What believers are saying

  • TAE Technologies' recent $17.4 million grant from California supports job creation and expansion in fusion development, indicating strong governmental backing.
  • The company's spin-off, TAE Power Solutions, is pioneering advancements in battery technology, which could lead to significant breakthroughs in e-mobility and energy storage.
  • With the potential to achieve net energy and commercial fusion reactors by the 2030s, TAE Technologies is positioned to revolutionize the clean energy landscape.

What critics are saying

  • The technical challenges of achieving net energy in nuclear fusion remain significant and could delay commercial viability.
  • The competitive landscape in clean energy technologies is fierce, with numerous companies vying for breakthroughs in fusion and renewable energy.

What makes TAE Technologies unique

  • TAE Technologies is the world's largest private fusion energy company, setting it apart from other players in the nuclear energy sector.
  • The company's proprietary ACi technology platform, derived from fusion research, offers a unique approach to improving battery efficiency and reliability.
  • TAE Technologies' focus on hydrogen-boron fusion, a cleaner and safer alternative to traditional nuclear fusion methods, provides a significant competitive edge.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

16%

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