TAE Technologies - About the company
TAE Technologies is a series G company based in Lake Forest (United States), founded in 1998 by Andrew Conrad, Harry Hamlin and George Sealy. It operates as a Developer of FRC nuclear fusion reactors. TAE Technologies has raised $1.32B in funding from investors like Google, New Enterprise Associates and Goldman Sachs, with a current valuation of $1.2B. The company has 55 active competitors, including 31 that are funded. Its top competitors include companies like CFS, General Fusion and Xcimer.
Sectors and market segments that TAE Technologies operate in
TAE Technologies serves in the Energy, Environment market segments.The primary business model of TAE Technologies are:Company Details
Developer of FRC nuclear fusion reactors. It utilizes proprietary advanced beam-driven Field Reversed Configuration (FRC) technology to create a superheated plasma environment. The phenomenon uses a closed magnetic field to hold plasma & accelerated particles due to hydrogen and boron would fusion(p-B11) & result in the generation of helium and energy.
- Website
- tae.com
- Social
- Email ID
- *****@tae.com
- Registered Address
- 16, Mesterlodden, Gentofte, 2820
Key Metrics
Founded Year
1998
Location
Lake Forest, United States
Stage
Series G
Total Funding
$1.32B in 11 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Jul 19, 2022
Ranked
3rd among 55 active competitors
Employee Count
298 as on Jun 30, 2026
Similar Companies
Legal entities associated with TAE Technologies
TAE Technologies is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TAE HOLDING ApS CIN: 34202621 , Denmark, Active | Dec 31, 2011 | - | 1 (As on Jun 30, 2024) |
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TAE Technologies's funding and investors
TAE Technologies has raised a total funding of $1.32B over 11 rounds. Its first funding round was on Jun 2002. Its latest funding round was a Series G round on Jun 02, 2025 for $150M. 3 investors participated in its latest round. TAE Technologies has 22 institutional investors.
Here is the list of recent funding rounds of TAE Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 02, 2025 | $150M | Series G | - | - | - | |
Jul 19, 2022 | $250M | Series G | $1.2B | - | ||
Apr 08, 2021 | $280M | Series F | - | - |
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TAE Technologies' founders and board of directors
Founder? Claim ProfileThe founders of TAE Technologies are Andrew Conrad, Harry Hamlin and George Sealy. Steve Specker is the CEO of TAE Technologies.
Here are the details of TAE Technologies' key team members:
- Andrew Conrad: Co-Founder of TAE Technologies. Contact Info: 1 email address
- Harry Hamlin: Co-Founder of TAE Technologies. Contact Info: 1 email address
- George Sealy: Co-Founder of TAE Technologies. Contact Info: 1 email address
- Steve Specker: CEO of TAE Technologies. Contact Info: 1 email address
View details of TAE Technologies's Founder profiles and Board Members
TAE Technologies' employee count trend
TAE Technologies has 298 employees as of Jun 26. Here is TAE Technologies's employee count trend over the years:
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TAE Technologies's Competitors and alternates
Top competitors of TAE Technologies include CFS, General Fusion and Xcimer. Here is the list of Top 10 competitors of TAE Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CFS 2018, Cambridge (United States), Series B | Provider of tokamak nuclear fusion reactors | $2.93B | 66/100 | |
2nd | General Fusion 2002, Burnaby (Canada), Series F | Magnetized nuclear fusion reactor developer | $515M | 66/100 | |
3rd | TAE Technologies 1998, Lake Forest (United States), Series G | Developer of FRC nuclear fusion reactors | $1.32B | 65/100 | |
4th | Xcimer 2021, Redwood City (United States), Series A | Developer of laser technology for commercial inertial fusion energy systems | $100M | 64/100 | |
5th |  LIS Technologies 2023, New York City (United States), Series A | Provider of laser isotope separation technologies optimized for uranium (HALEU) power generation | $71.6M | 62/100 | |
6th |  Zap Energy 2017, Everett (United States), Series D | Developer of nuclear energy projects | $330M | 61/100 | |
7th | Company is a developer of a hardware products for plasma heating | $28M | 60/100 | ||
8th | Helion 2010, Everett (United States), Series G | Provider of deuterium fuel-based magnetic-nuclear fusion reactor | $1.44B | 60/100 | |
9th |  SHINE Technologies 2005, Janesville (United States), Series D | Producer of nuclear isotopes using fusion techniques | $654M | 60/100 | |
10th |  Kyoto Fusioneering 2019, Uji (Japan), Series C | Provider of nuclear fusion reactor technology based on low-energy nuclear reaction technology | $120M | 59/100 |
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TAE Technologies's Investments and acquisitions
TAE Technologies has made no investments or acquisitions yet.
Reports related to TAE Technologies
Here is the latest report on TAE Technologies's geography:
News related to TAE Technologies
Filter this listMedia has covered TAE Technologies for a total of 22 events in the last 1 year, 8 of them have been about company updates and 2 about partnerships.
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TAE Technologies Signs Helium-3 Fuel Deal with Black Moon for Fusion Powerigrownews.com•Aug 06, 2026•TAE Technologies
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TAE Power Solutions Ships First Hybrid Energy Storage Prototype System to MARAMiningstockeducation•Jun 30, 2026•Marathon Digital Holdings, TAE Technologies
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Trump Media & Technology Group and TAE Technologies Provide Update on MergerGlobeNewswire•Jun 10, 2026•TMTG, TAE Technologies
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Indicators of Uncertainty Surface in Fusion Energy Funding SurgeTechweekly•Apr 19, 2026•TAE Technologies, General Fusion
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Fusion Company TAE Gets $200M from Trump GroupOrange County Business Journal•Apr 07, 2026•TAE Technologies
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Trump Media to merge with fusion energy company TAE for $6 billionThe Wall Street Journal•Mar 09, 2026•TMTG, TAE Technologies
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TAE Technologies Appoints Cedric Burgher as Chief Financial OfficerPR Newswire•Mar 02, 2026•TAE Technologies
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Trump Media Considers Spinning Off Truth Social, Reports Wider LossThe Business Times•Feb 28, 2026•TMTG, Truth Social, TAE Technologies, Texas Ventures
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