The new division from the fusion-energy company aims to commercialize power management solutions to help create lower cost and more efficient electric vehicles and to transform charging infrastructures and energy storage for a market estimated to be worth $1.2 trillion annually by 2030.
TAE Technologies, which describes itself as the world’s largest private fusion energy company, has announced the formation of a new division dedicated to power management. With the new unit, it hopes to enable the next generation of electric vehicles (EVs) and accelerate the uptake of electrified energy and storage systems.
Based in Foothill Ranch, CA, TAE Technologies was founded in 1998 to commercialize safe, cost-effective fusion power that will integrate into the grid with the cleanest environmental profile. With over 900 issued patents, more than $880 million in private capital, six generations of National Laboratory-scale devices, and an experienced team of 250 employees, TAE believes it is on the cusp of delivering a transformational energy source capable of sustaining the planet for centuries.
The essential requirement for capturing net energy across all approaches to fusion is high-quality plasma confinement, believes TAE Technologies. It has developed a proprietary platform called an advanced beam-driven field-reversed configuration (FRC), which combines accelerator physics and plasma physics to solve the challenge of confinement — both from a cost and performance perspective.
Since its beginnings, TAE has been committed to pursuing a fuel cycle based on safe, plentiful hydrogen-boron, also known as proton-boron or p-B11, which avoids any environmental impact, particulate emissions,
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