TAE Inc Competitors

The U.S. Department of Energy's primary national laboratory for energy systems research and development.

TAE Technologies (pronounced T-A-E) was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company’s pioneering work represents the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid. With more than 2,300 patents filed globally and approximately 1,400 granted, more than $1.2 billion in private capital raised, five generations of National Laboratory-scale devices built along with two more in development, and an experienced team of over 600 employees, TAE is now on the cusp of delivering this transformational energy source capable of sustaining the planet for thousands of years. The company’s revolutionary technologies have produced a robust portfolio of commercial innovations in large adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. TAE is based in California, and maintains international offices in the UK, EU, and Switzerland. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future.

ITER is an international, large-scale scientific collaboration intended to prove the viability of fusion as an energy source, and to collect data that will contribute substantially toward the design and operation of the subsequent first electricity-producing fusion power plants. To achieve this goal, seven Members (China, European Union, India, Japan, South Korea, Russia and the United States) have joined forces to build the ITER Tokamak: the world’s largest fusion device. The seven Members signed the ITER Agreement in 2006, and have agreed to share in every aspect of the project: science, engineering, procurement, financing, staffing, intellectual property, etc. The ITER Project is based in Saint-Paul Lez Durance, in the south of France, where the ITER facility is currently under construction.