Energy From Fusion In Two Years, CEO Says, Commercialization In Five
TAE TTAE Technologies will bring a fusion-reactor technology to commercialization in the next five years, its CEO announced recently at the University of California, Irvine.echnologies will bring a fusion-reactor technology to commercialization in the next five years, its CEO announced recently at the University of California, Irvine.
That trajectory is considerably sooner than Binderbauer described when he took over as CEO in 2017. It would put TAE ahead of two formidable competitors. The 35-nation ITER project expects to complete its demonstration reactor in France in 2025. Vancouver-based General Fusion Inc. is devoting the next five years, with support from the Canadian government, to developing a prototype of its fusion reactor. And the Massachusetts Institute of Technology announced last March that it expects to bring its fusion reactor to market in ten years.
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