TAE Technologies and Black Moon Energy Corporation Enter into Strategic Helium-3 Supply and Commerci

[Marlin]

TAE Technologies and Black Moon Energy Corporation Enter into Strategic Helium-3 Supply and Commercialization Agreement for Fusion Power

https://www.prnewswire.com/news-releases/tae-technologies-and-black-moon-energy-corporation-enter-into-strategic-helium-3-supply-and-commercialization-agreement-for-fusion-power-302843093.html

[Core Content]

TAE Technologies has entered into a strategic agreement with Black Moon Energy Corporation to secure a potential supply of helium-3 for future fusion power operations. This partnership aims to establish a commercial fuel supply chain for TAE as it prepares to construct its first fusion power plant, the 50 MWe Da Vinci facility.

The agreement provides TAE with flexibility to utilize different fuel cycles beyond the standard deuterium-tritium approach used by many other fusion developers. By securing access to alternative fuels, the company intends to optimize the economic viability of its field-reversed configuration technology. This development marks a transition toward establishing the infrastructure and supply chains required for the eventual commercial deployment of fusion energy systems.

/PRNewswire/ -- TAE Technologies, a leading fusion energy company, today announced the signing of an agreement with Black Moon Energy Corporation (BMEC) to...

Agreement strengthens TAE's path to commercial power with prospective helium-3 fuel supply option

"This agreement can facilitate our path to power by providing an alternative fuel supply option," said TAE CEO Michl Binderbauer. "TAE has a high degree of flexibility to select from the most cost-competitive fuel cycle, whereas many other fusion machines are able to operate only on the deuterium-tritium cycle; this provides TAE's technology with future flexibility, depending on how fuel markets change over the long-run."

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https://www.prnewswire.com/news-releases/tae-technologies-and-black-moon-energy-corporation-enter-into-strategic-helium-3-supply-and-commercialization-agreement-for-fusion-power-302843093.html