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TAE Technologies Stock (TATE)
TAE Technologies claims to pioneer clean energy solutions. Their focus lies on developing commercially viable aneutronic fusion power using readily available elements.
TAE Technologies is a developer of commercial fusion power aimed to be safe and affordable. The company's core mission is to create a new source of clean energy – one that’s powered through the fusion the of boron and hydrogen, two readily available elements. TAE Technologies was founded in 1998 and has been developing a machine that can be used to heat the elements to a temperature high enough for fusion. TAE Technologies is headquartered in Orange County, California and is backed by investors including Vulcan Capital, Venrock, and New Enterprise Associates.
About TAE Technologies Stock
Founded
1998
Headquarters
Foothill Ranch, CA, US
Total Funding
1.6B
Industries
Energy, Sustainability
TAE Technologies is aiming to develop a safe and affordable source of commercial fusion power. The company's core mission is to create a new source of clean energy – one that’s powered through the fusion of boron and hydrogen, two readily available elements. TAE Technologies was founded in 1998 and has been developing a machine that can be used to heat the elements to a temperature high enough for fusion. In addition, to commercial fusion power, TAE Technologies is also focused on providing energy storage and power delivery systems and cancer therapy through its two subsidiaries TAE Power Solutions and TAE Life Sciences. TAE Technologies has over 2,300 issued patents, more than $1.2 billion in private capital, six generations of National Laboratory-scale devices and a team of over 600 employees.Â
TAE Technologies is headquartered in Orange County, California. Notable investors include Vulcan Capital, Venrock, and New Enterprise Associates.
TAE Technologies Press Mentions
Stay in the know about the latest news on TAE Technologies
Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities
webwire • Jun 25, 2024
Oxy Low Carbon Venture, TAE Technologies sign fusion-powered DAC MOU
axios • Jun 25, 2024
TAE Technologies applauds California's landmark fusion energy bill
prnewswire • Oct 12, 2023
Introducing TAE Power Solutions, a power management spin-off company from fusion energy leader TAE Technologies
prnewswire • Jan 24, 2023
Fusion energy researcher TAE Technologies leases 100,000 square feet in Orange County
bizjournals • Sep 01, 2022
Investors in TAE Technologies
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TAE Technologies Management
Leadership team at TAE Technologies
Chief Executive Officer
Michl Binderbauer
Chief Technology Officer
Artem Smirnov
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