Bill Gates is putting money into a Massachusetts Institute of Technology fusion spinoff called Commonwealth Fusion Systems, which hopes to have an energy-positive reactor by 2025
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.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
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.
Baca lebih lajut »
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.”
Baca lebih lajut »
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.”
Baca lebih lajut »
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
Baca lebih lajut »
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.
Baca lebih lajut »
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.”
Baca lebih lajut »
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.”
Baca lebih lajut »
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
Baca lebih lajut »
DoorDash Is Now Worth $12.6 Billion After New $600 Million InvestmentThe investor feeding frenzy around food-delivery startups hasn't stopped. Just three months after raising $400 million, DoorDash confirmed it has closed another $600 million.
Baca lebih lajut »
DoorDash Is Now Worth $12.6 Billion After New $600 Million InvestmentThe investor feeding frenzy around food-delivery startups hasn't stopped. Just three months after raising $400 million, DoorDash confirmed it has closed another $600 million.
Baca lebih lajut »
Seeking energy independence, Palestinians open solar plantPalestinian officials say they have inaugurated their first solar panel plant as part of a plan to reduce their dependence on Israeli power sources.
Baca lebih lajut »