alking with Michl Binderbauer into his 2-acre laboratory feels a bit like taking a factory tour with Willy Wonka. In one corner Binderbauer, chief executive of TAE Technologies, shows off a new machine that blasts cancer tumors with a neutron beam. Engineers huddle in a control room. Beyond their window: Norman.
TAE, known until last year as Tri Alpha Energy, has raised $600 million, most recently at a valuation of more than $2 billion. Investors include the late Paul Allen’s Vulcan Capital, the Rockefeller family’s Venrock, and Big Sky Capital, family money of billionaire stock trader Charles Schwab. They’re betting that TAE will be able to tame fusion into a source of electricity.
“With fission it’s a chain reaction—once you’re in, it’s a like a pact with the devil; it’s hard to get out,” says Binderbauer, an effusive talker who runs TAE from a eucalyptus-lined industrial park southeast of Los Angeles. “With fusion you don’t have that. It’s tricky to get started and even trickier to keep going.”
Ethan_Heilman :D Fun story: Met Les Case (3 MIT degrees) in 1998 as part of our innovative let's-meet-out-unusual-R&D push in grad school After his talk he showed us his pub 'Infinite Energy' Buddy Dan[1] decided we'd launch 'Infinite Energy + 1' Les was not amused.
we say ' hello' to the yellow sun :)
FUUUUUU-SION!!
: Hi! What is Nuclear Fusion? What is it fusing with?
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The New Nuclear: How A $600 Million Fusion Energy Unicorn Plans To Beat Solar“Right now, nuclear technology is the only scalable, baseload, zero-carbon power source,” says Bill Gates. “But it comes with a number of challenges.” That day when the guy who brought us Windows Vista starts lecturing about technology that “comes with a number of challenges”. NYCNavid Wrong
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The New Nuclear: How A $600 Million Fusion Energy Unicorn Plans To Beat Solar“I understood the limitations of renewables,” says Charles Schwab’s son Michael, who invested $50,000 in Tri Alpha in 2002 and has participated in every funding round since. “This could solve our energy problems.” Spännande
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The New Nuclear: How A $600 Million Fusion Energy Unicorn Plans To Beat SolarThe billionaires backing nuclear fusion—including Jeff Bezos— are all competing with a multinational project in France that is using $20 billion of taxpayer money 🌞🌞🌞🌞🌞🌙🌙🌙🌙🌙😂😂😂😂😂 Overtime this dude's pic pops up, I thing of Austin Power's Dr. Evil france,uk,australia,nz,laos,myanmar,south korea,japan & spain needs to legalize marijuana....
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The New Nuclear: How A $600 Million Fusion Energy Unicorn Plans To Beat SolarSome A-list names—including the Rockefellers, Charles Schwab and Buzz Aldrin—are chasing the sun at fusion-energy firm TAE Technologies.
Source: Forbes - 🏆 394. / 53 Read more »
The New Nuclear: How A $600 Million Fusion Energy Unicorn Plans To Beat Solar“Right now, nuclear technology is the only scalable, baseload, zero-carbon power source,” says Bill Gates. “But it comes with a number of challenges.” That day when the guy who brought us Windows Vista starts lecturing about technology that “comes with a number of challenges”. NYCNavid Wrong
Source: Forbes - 🏆 394. / 53 Read more »
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