Christopher McFadden of Interesting Engineering reports that TAE will build a billion dollar nuclear fusion reactor.
- After successful pilot projects with its “Norman” reactor, TAE will build the “Copernicus” reactor to generate net energy, the last step for fusion to reach commercial viability.
- Copernicus will be built in Irvine, California with the backing of Google, Chevron, and others.
- Private sector innovation is propelling a cleaner energy future.
“To that end, the company recently closed its Series G-2 financing round, in which it secured $250 million from investors in the energy, technology, and engineering sectors. By avoiding carbon and particulate emissions, TAE’s safe, non-radioactive method minimizes any negative effects on the environment or the effects of climate change.”
Read the full article here.