TAE Technologies Stock
Commercial Nuclear Fusion Power
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About TAE Technologies Stock
TAE Technologies is aiming to develop a safe, 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. TAE Technologies has over 1,800 issued patents, more than $880 million in private capital, six generations of National Laboratory-scale devices, and a team of over 250 employees.
TAE Technologies is headquartered in Orange County, California. Notable investors include Vulcan Capital, Venrock, and New Enterprise Associates.
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