TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

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.

  • brucethemoose@lemmy.world
    2·
    15 hours ago

    H1 fusion is really, really hard.

    Yeah, I don’t know about leaks. It may end up that pulses or some “alternate” form of compression than constant confinement works out better, but the physics are certainly hard however you slice it.