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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1 2B to date
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09 April 2021
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TAE Technologies, the California, USA-based fusion energy technology company, has announced that its proprietary beam-driven field-reversed configuration (FRC) plasma generator has produced stable plasma at over 50 million degrees Celsius. The milestone has helped the company raise USD280 million in additional funding.
The Norman fusion device (Image: TAE Technologies)
Norman - TAE s USD150 million National Laboratory-scale device named after company founder, the late Norman Rostoker - was unveiled in May 2017 and reached first plasma in June of that year. The device achieved the latest milestone as part of a well-choreographed sequence of campaigns consisting of over 25,000 fully-integrated fusion reactor core experiments. These experiments were optimised with the most advanced computing processes available, including machine learning from an ongoing collaboration with Google (which produced the Optometrist Algorithm) and processing power from the US Depart