TAE Technologies Claims Landmark In Fusion Energy, Sees Commercialization By 2030

TAE Technologies, a 20-year-old fusion energy technology developer, is claiming to have hit a milestone in the development of a new technology for generation power from nuclear fusion. The company said its reactors could be operating at commercial scale by the end of the decade, thanks to its newfound ability to produce stable plasma at temperatures over 50 million degrees (nearly twice as hot as the sun). TechCrunch reports: For TAE Technologies, the achievement serves as a validation of the life's work of Norman Rostoker, one of the company's co-founders who had devoted his life to fusion energy research and died before he could see the company he helped create reach its latest milestone. 'This is an incredibly rewarding milestone and an apt tribute to the vision of my late mentor, Norman Rostoker,' said TAE's current chief executive officer, Michl Binderbauer, in a statement announcing the company's achievement. 'Norman and I wrote a paper in the 1990s theorizing that a certain plasma dominated by highly energetic particles should become increasingly better confined and stable as temperatures increase. We have now been able to demonstrate this plasma behavior with overwhelming evidence. It is a powerful validation of our work over the last three decades, and a very critical milestone for TAE that proves the laws of physics are on our side.'

Rostoker's legacy lives on inside TAE through the company's technology platform, called, appropriately, 'Norman.' In the last 18 months that technology has demonstrated consistent performance, reaching over 50 million degrees in several hundred test cycles. Six years ago, the company had proved that its reactor design could sustain plasma indefinitely -- meaning that once the switch is flipped on a reaction, that fusion reaction can continue indefinitely. Now, the company said, it has achieved the necessary temperatures to make its reactors commercially viable. It's with these milestones behind it that TAE was able to raise an additional $280 million in financing, bringing its total up to $880 million and making it one of the best financed private nuclear fusion endeavors in the world.

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