TAE Technologies, the world’s largest private fusion-energy company, has formed a new subsidiary, TAE Power Solutions.
TAE Power Solutions, a spin-off of TAE Technologies, intends to fundamentally improve the reliability, efficiency, longevity and affordability of electric-powered products, ranging from vehicles to renewable-energy storage.
TAE Technologies said the proprietary technology platform is derived from fusion research and is a foundational step toward mass onboarding electric vehicles and deploying intermittent renewable energy as dispatchable power.
TAE Power Solutions already has made two strategic acquisitions in the United Kingdom to bolster its entry into new markets. Sprint Power is one of the largest transport electrification specialists in Europe, focusing on electrical systems integration and high voltage driveline. Eltrium is a design and manufacturing company specializing in the production of energy storage systems, power distribution and
