TAE Technologies
Developing the cleanest, safest, and most economical approach to commercial fusion power
Energy
📍 Foothill Ranch, California
Founded 1998
Current Valuation
$2.5B
as of 2025-Q2
UNICORN
TAE Technologies is a leading fusion energy company developing aneutronic fusion power using a hydrogen-boron (p-11B) fuel cycle and an advanced beam-driven field-reversed configuration (FRC). Founded in 1998 as a spin-off from UC Irvine, the company has raised over $1.3 billion in equity funding and developed six generations of fusion platforms. TAE's approach focuses on creating the cleanest environmental profile in fusion energy, with plans for commercial fusion power plants. The company also operates subsidiaries in life sciences (cancer treatment via boron neutron capture therapy) and power management solutions for electric vehicles and energy storage.
Company Profile
HQ
Foothill Ranch, California
Growth
Late-stage fusion energy company with $6B merger pending
Last Round
Series 12 — $150M (Jun 2025)
IPO Status
Merger pending with Trump Media & Technology Group
Founders & Key People
Norman RostokerGeorge SealyHarry HamlinAndrew Conrad
Investors
Google · Chevron Technology Ventures · New Enterprise Associates · Goldman Sachs · Vulcan Capital · Venrock · RUSNANO · Wellcome Trust · Kuwait Investment Authority · ARTIS Ventures
Products
- Norman reactor (C-2W)
- Copernicus reactor
- Da Vinci power plant
- TAE Life Sciences (Boron Neutron Capture Therapy)
- TAE Power Solutions (e-mobility and battery energy storage)
Competitors
Helion Energy · Commonwealth Fusion Systems · Tokamak Energy · General Fusion
fusion energyaneutronic fusionhydrogen-boron fusionclean energyclimate techenergy technologyfield-reversed configurationadvanced beam technology
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.