article thumbnail

Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. The proprietary technology platform is derived from fusion research, and is a foundational step toward mass onboarding of electric vehicles and deployment of intermittent renewable energy as dispatchable power.

Fusion 250
article thumbnail

Chevron invests in nuclear fusion start-up Zap Energy

Green Car Congress

Chevron Corporation made a Series A investment in Zap Energy Inc. , a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. We see fusion technology as a promising low-carbon future energy source.

Fusion 334
article thumbnail

TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its fifth-generation fusion research reactor, Norman, TAE Technologies has secured strategic and institutional investments to fund the construction of its next research reactor, the sixth-generation Copernicus.

Fusion 243
article thumbnail

HVS receives £15M award to support development of hydrogen fuel cell-powered heavy-duty truck

Green Car Congress

million) grant from the UK Government’s Advanced Propulsion Center to support the commercialization of a hydrogen fuel cell-powered heavy-duty truck. Glasgow-based Hydrogen Vehicle Systems (HVS) will receive a £15-million (US$17.8-million) HVS is developing the UK’s first indigenous, clean-sheet, hydrogen fuel-cell HGV (Heavy Goods Vehicle).

Hydrogen 259
article thumbnail

DOE awarding >$24M to 77 projects through Technology Commercialization Fund

Green Car Congress

The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). Localization of hot spots in solids using acoustic waves, $150,000 Commonwealth Fusion Systems, Cambridge, Mass. Louis , Mo. San Jose, Calif.

article thumbnail

Here Are 6 Actual Uses for Near-Term Quantum Computers

Cars That Think

A quantum computer is a special purpose accelerator,” says Matthias Troyer, corporate vice president of Microsoft Quantum and member of the Xprize competition’s advisory board. “It The commercial impact of solving quantum systems is in chemistry, material science, and pharma.” And these are industries of significance, Troyer adds.

Google 132
article thumbnail

Micron launches low-power memory qualified for automotive safety applications

Green Car Congress

—Kris Baxter, corporate vice president and general manager of Micron’s Embedded Business Unit. Functional safety is essential to the development of advanced automotive systems, but to date, memory has had a somewhat neglected commercial off-the-shelf existence.

Power 186