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TAE Technologies Stock

Commercial Nuclear Fusion Power

Founded

1998

Notable Investors

Venrock

Headquarters

Foothill Ranch CA, US

Total Funding

$1.7B

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 900 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.

Investors

Funding History

June 2002$3.0M
December 2002$1.1M
September 2003$9.8M
December 2005$50.2M
May 2007$40.0M
August 2010$85.0M
February 2013$127M
January 2015$128M
May 2016$375M
June 2018$225M
January 2021$660M

Management

Chief Executive Officer

Michl Binderbauer

Chief Technology Officer

Artem Smirnov

Press

Other Companies

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