TAE Technologies

On January 6, 2026, Trump Media & Technology Group and TAE announce the site-selection planning process is underway for the first utility-scale fusion power plant. Following required approvals and merger close, the combined company is anticipated to begin construction in 2026 on a ~50 MWe facility, with follow-on plants scaling to 350–500 MWe.

On February 27, 2026, TAE names Cedric Burgher Chief Financial Officer. Burgher previously served as CFO of Occidental Petroleum, QR Energy, and KBR; at TAE he will oversee accounting, capital markets, treasury, and investor relations and focus on scaling public-company processes ahead of the proposed TMTG merger.

On April 7, 2026, TAE announces it has completed its multi-state site evaluation tour across Alabama, Ohio, and Texas for its first 50 MWe fusion power plant. The leadership team (Binderbauer, CFO Burgher, TAE Global GmbH CEO Jonathan Toretta) met with state and local officials and assessed infrastructure readiness, grid connectivity, land access, workforce availability, transportation access, and incentives.

On April 7, 2026 TAE Life Sciences announced peer-reviewed research in ACS Pharmacology & Translational Science on a next-generation boron-delivery platform for boron neutron capture therapy (BNCT). Its proprietary BPA-dipeptide compounds showed 12–77x higher solubility than standard boronophenylalanine and, in preclinical models, drove complete and durable tumor regressions — including a 100% complete-response rate in a human head-and-neck cancer xenograft — plus evidence of a systemic anti-tumor immune effect, advancing TAE's accelerator-based oncology business.

On May 14, 2026, TAE and the UK Atomic Energy Authority announce that their TAE Beam UK joint venture is formally established and fully funded. UKAEA is making a £5.6M equity investment, TAE is backstopping with a nine-figure investment, and the venture is based at UKAEA's Culham Campus in Oxfordshire. It will develop neutral beams for fusion plus adapted accelerator technology for cancer therapeutics, food safety, and other applications, with first short-pulse beams targeted within 18–24 months.

On June 10, 2026, TAE and Trump Media & Technology Group said they now aim to close their ~$6B all-stock merger in the fourth quarter of 2026 or sooner, moving the target out from the originally signaled mid-2026 window. The companies also confirmed they will no longer pursue a previously discussed spin-off of TMTG media assets including Truth Social, with the combined company's board to weigh strategic alternatives for legacy units after closing. A Form S-4 registration statement to register the TMTG shares issued in the merger remains to be filed.

On June 17, 2026, TAE appoints Jeff Woodbury as President and Chief Operating Officer to support commercial fusion deployment. Woodbury spent roughly 35 years at ExxonMobil, holding senior roles overseeing large-scale operations, major capital projects and global upstream activities, most recently as a corporate vice president and officer. He joins as TAE advances site selection and design for its first utility-scale fusion power plant, an initial ~50 MWe facility targeted for the early 2030s.

On June 30, 2026 TAE Power Solutions shipped its first hybrid energy-storage prototype — pairing battery cells, ultracapacitors, and high-speed power electronics derived from TAE's fusion program — to MARA Holdings (NASDAQ: MARA) for field validation at a MARA site. It is the first field deployment under the companies' 2025 collaboration on grid-responsive load management for power-intensive digital infrastructure, with additional production deployments planned later in 2026 — an early commercial proof point for TAE's non-fusion revenue lines.

TAE publishes its Nature Communications breakthrough showing FRC plasma formation using only neutral beam injection, creating the simpler 'Norm' machine.

Raises more than $150M from investors including Chevron Technology Ventures, Google, and NEA, taking total equity capital raised since inception to more than $1.3B.

TAE says Norm's performance is strong enough to leapfrog the planned Copernicus machine and move directly toward Da Vinci.

TAE signs a definitive agreement to merge with Trump Media & Technology Group in an all-stock transaction valued at more than $6B, subject to approvals and closing conditions.

TAE says Norman sustained plasma above 75 million degrees Celsius, 250% above its original goal, while closing a $250M Series G-2 round.

TAE raises an additional $280M after demonstrating stable plasmas above 50 million degrees Celsius on Norman.

TAE's fifth-generation C-2W machine, later named Norman, achieves first plasma as the company continues its transition from Tri Alpha Energy to TAE Technologies.

TAE says its C-2U machine kept an FRC plasma confined at operator will, validating the 'long enough' part of its fusion roadmap.

Founded in 1998 as Colliding Beam Fusion Reactor Inc., later operating as Tri Alpha Energy before becoming TAE Technologies.