TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.
Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.
Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.
TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nation’s International Atomic Energy Agency.
… theoretically, if it could be achieved. Is this company purely a research company? How can one be a “Nuclear Fusion” company, when there’s currently no such thing as sustainable fusion?
My guess is in the same way companies claim to be Artificial Intelligence companies?
Pretty sure we’ve achieved sustainable fusion. What I think is missing is making it cost effective and scalable.
I think the record is like 22 minutes, not sure if I would call that sustainable yet.
I recall reading an article where we once had a fusion reactor that put out more energy than we put into it, but both I and the author may have hallucinated it
I think that’s technically true for whatever small duration it happened, but we’re a long way off from commercial viability.
it costed 10s of billions just to do that. its probably wont go down anytime soon,. you might as well built several nuclear power plants at that point.
which makes you think its a laundering company, especially since trumps involved.
By developing technologies and licencing the patents.