Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

The odds of a September Fed rate cut look high after June jobs report — but it may be a tough call for Powell – Oil & Gas 360

July 7, 2025

Valaris secures multi-year contract for drillships in U.S. Gulf

July 7, 2025

McDermott lands offshore Brazil contract with BRAVA Energia

July 7, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Google, Chevron Back $150 Million Raise for Nuclear Fusion Firm TAE Technologies
ESG & Sustainability

Google, Chevron Back $150 Million Raise for Nuclear Fusion Firm TAE Technologies

omc_adminBy omc_adminJune 3, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


TAE Technologies secures over $150 million to advance its commercial fusion reactor, exceeding its target

Google and Chevron participated in the round, extending a decade-long R&D partnership

TAE’s latest prototype achieved 70 million °C stable plasma, paving the way for net energy validation

Fusion steps toward reality

TAE Technologies announced it has raised more than $150 million in its latest funding round to support the development of the world’s first commercial fusion power plant.

The round included backing from Google, Chevron, and NEA, bringing TAE’s total equity capital raised to over $1.3 billion. The company also has the option to raise more capital as part of this round.

A key breakthrough

TAE’s recent “Norm” breakthrough demonstrated stable plasma at over 70 million °C in a simplified device — a major milestone for fusion readiness.

“Fusion has the potential to transform the energy landscape,” said Michl Binderbauer, CEO of TAE Technologies. “TAE’s technology delivers superior performance in a compact machine, with attractive economics and best-in-class maintainability.”

Google’s deep collaboration

Google and TAE have collaborated since 2014, using AI and machine learning to improve plasma performance and reactor efficiency.

“In 2023, TAE realized they could simplify their fusion machine — and they showed it worked,” wrote Ross Koningstein, Founder of Google’s Nuclear Energy R&D group. “We’re investing for a cleaner energy future with TAE.”

Google engineers worked onsite at TAE’s facilities to develop advanced plasma reconstruction algorithms, unlocking major design and cost improvements.

What’s next

TAE will now focus on validating net energy capability in its next-generation Copernicus reactor — the final step before commercial deployment.

TAE’s fusion system is designed to be carbon-free, on-demand, and safe, with no meltdown risk or long-lived radioactive waste — making it viable near urban centers and data hubs.



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Itaú Chile Issues Sustainable Finance Framework to Guide ESG-Aligned Investments

July 7, 2025

Nadia Nikolova to Lead responsAbility as New CEO, Driving Growth in Impact Investing

July 7, 2025

Sipchem Partners with Achilles to Boost ESG Oversight and Supply Chain Performance

July 7, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

McDermott lands offshore Brazil contract with BRAVA Energia

By omc_adminJuly 7, 2025

McDermott has been awarded a sizeable* offshore transportation and installation contract by BRAVA Energia, an…

Itaú Chile Issues Sustainable Finance Framework to Guide ESG-Aligned Investments

July 7, 2025

Nadia Nikolova to Lead responsAbility as New CEO, Driving Growth in Impact Investing

July 7, 2025

Sipchem Partners with Achilles to Boost ESG Oversight and Supply Chain Performance

July 7, 2025
Top Trending

Texas’s Camp Mystic confirms 27 children and counsellors died in floods | Texas floods 2025

By omc_adminJuly 7, 2025

Mars Launches $250 Million Sustainability Solutions Fund

By omc_adminJuly 7, 2025

EU Launches Major Simplification of Sustainability Taxonomy to Ease Compliance Burden on Companies

By omc_adminJuly 7, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Jack Dorsey launches a WhatsApp messaging rival built on Bluetooth

July 7, 20250 Views
Our Picks

Valaris secures multi-year contract for drillships in U.S. Gulf

July 7, 2025

McDermott lands offshore Brazil contract with BRAVA Energia

July 7, 2025

Dallas Fed Energy Survey Shows Oil, Gas Activity Contraction

July 7, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.