TAE Technologies, a private company founded to commercialize fusion energy with the cleanest environmental profile, has been awarded a highly competitive California Competes Grant by Governor Gavin Newsom’s Office of Business and Economic Development (GO-Biz).
The $17.4 million grant will directly support job creation in fusion development, as well as TAE’s rapidly expanding power management business. This funding will have an immediate impact as TAE commercializes spinoff applications derived from its innovations in fusion for scalable power delivery systems, representing a new and distinct line of business that both accelerates the company’s fusion pursuits and serves California’s clean energy goals.
With the expertise of a highly trained and sophisticated workforce, TAE’s sixth research reactor, called Copernicus, is being constructed in California and is expected to achieve a crucial fusion milestone of demonstrating the viability of net energy generation around mid-decade. Copernicus will be the penultimate step on TAE’s path to commercializing clean fusion power by the early 2030s.
As the first private fusion energy company and the world leader in hydrogen-boron fusion research, TAE’s proprietary approach represents the fastest, most practical, and economically competitive solution to delivering safe, abundant, and carbon-free energy to the grid.
“TAE is a leader in commercial fusion, working to develop technology that will deliver clean, sustainable, cost-effective, and safe energy,” said Dee Dee Myers, Director of GO-Biz and Senior Advisor to Gov. Gavin Newsom. “We’re pleased to support their work to further a green energy economy in California and around the world, while creating good jobs here in our state.”
GO-Biz serves as the State of California’s leader for job growth, economic development, and business assistance efforts. With the fourth largest gross domestic product in the world, California’s economic success is built on its reputation for building businesses that create world-changing innovations. TAE is at the forefront of the global race to develop and implement non-radioactive nuclear fusion energy and lead in the clean energy transition, putting California at the heart of a world-leading ecosystem for fusion as a viable carbon-free baseload power source.
Founded out of the University of California, Irvine, TAE Technologies has a deep and ongoing relationship with the UC system. Southern California has long been an innovation hub for fusion energy development, with a rich legacy of drawing on academic talent from major research universities, and engineering expertise from the aerospace industry.
“TAE is on course to realize commercial fusion energy in the next decade, and it’s in no small part because we’ve drawn on a rich well of talent from the high-quality workforce of scientists, engineers, technicians, and tradespeople,” said Michl Binderbauer, CEO of TAE Technologies. “California has a well-deserved reputation for being where the future is invented, and we are thrilled that our state is investing in innovations that will change humanity for the better.”
About TAE Technologies
TAE Technologies (pronounced T-A-E) was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company’s pioneering work represents the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid. With over 1,800 patents filed globally and over 1,100 granted, $1.2 billion in private capital raised, five generations of National Laboratory-scale devices built and two more in development, and an experienced team of over 400 employees, TAE is now on the cusp of delivering this transformational energy source capable of sustaining the planet for thousands of years.
The company’s revolutionary technologies have produced a robust portfolio of commercial innovations in large adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. TAE is based in California, and maintains international offices in the UK and Switzerland. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future.
Monolith, the high-end audio brand from Monoprice, today announced its Audition series home theater speaker solutions. Coming soon, Audition speakers will be available in bookshelf, center-channel and two tower configurations. These affordable and powerful Monolith speakers deliver immersive, room-filling sound, accurate midrange, and crisp, natural highs that make your favorite concerts, movies, and sports come to life.
“Our new Audition Series speakers bring extremely-high quality sound to a new level of affordability,” said Hobie Sechrest, Monolith business unit manager, Monoprice. “Engineered to exceed our strict standards for performance, these speakers deliver room-filling sound while producing an incredibly flat frequency response curve. As with all Monolith speakers, we packed them with premium components, exhaustively tuned them, and designed them to look great in any room.”
Audition Tower Speakers
Available in two flavors, the Monolith Audition T5 Tower Speaker (MSRP: $249.99 each) packs two 5.25-inch ported woofers, and 5.25-inch midrange driver, while the Audition T4 Tower Speaker (MSRP: $199.99 each) packs two 4-inch ported woofers, and 4-inch midrange driver. Both the T5 and T4 feature inset 20mm silk dome tweeter with optimized waveguide. Ideally suited for home theater front left and right speakers, or for stereo use, these powerful 4-ohm towers feature uniquely tuned crossover networks which allows them to deliver a super flat frequency response and easily fill the largest rooms with big sound without compromises.
Audition Bookshelf Speakers
Though much smaller in size then the Audition Tower Speaker options, these precision-tuned bookshelf speakers deliver massive sound. The Audition B5 Bookshelf Speaker (MSRP: $124.99 each) packs a powerful 5.25-inch woofer, while the Audition B4 Bookshelf Speaker (MSRP: $99.99 each) boasts a potent 4-inch woofer. Both options feature a rear-facing bass port, inset 20mm silk dome tweeter with optimized wave guide, and unique crossover networks to deliver room-filling sound and make movies, concerts and live sports come to life.
Audition Center Channel Speaker
Rounding out the home theater speaker line are Audition Center Channel Speaker options. The Monolith Audition C5 Center Channel Speaker (MSRP: $159.99 each) packs dual 5.25-inch ported woofers, while the Audition C4 Center Channel Speaker (MSRP: $129.99 each) boasts dual 4-inch ported woofers. Both feature a center-mounted inset 20mm silk dome tweeter and optimized waveguide. Uniquely tuned for maximum dialog intelligibility and home theater performance, these center channel speakers feature sophisticated crossover networks which deliver incredibly accurate midrange, and crisp highs.
Rocking a premium, internally braced MDF cabinet design with premium black wood-grained PVC finish, Monolith Audition speakers easily match all décor styles and are an excellent fit for all living rooms and home theaters. All Monolith Audition speakers can be mixed and matched to suit any room or system needs, while ensuring a timbre-matched listening experience. Spring-loaded 5-way wire terminals ensures a quality speaker connection and easy installation. For the ultimate entertainment experience, Monolith Audition speakers should be paired with a powerful Monolith subwoofer.
Backed by a three-year warranty, a 30-day money-back guarantee, and Monolith’s proven reputation for excellence, these speakers are sure to exceed consumer expectations. All Monolith Audition speakers will be available at Monoprice.com early November.
Click here for the Monolith Audition line press kit.
About Monoprice, Inc. (DBA Monoprice.com)
Located in Brea, Calif., Monoprice, Inc. is an e-commerce leader providing thousands of high-quality and affordable electronics and tech products. Maintaining a business philosophy that focuses on the needs of its customers, the company strives to bring simplicity, fairness, and confidence to consumers and businesses shopping for big-ticket electronics and tech accessories. As a one-stop-shop for most consumer electronics needs, Monoprice oversees a variety of house brands that deliver lasting quality, premium specs, and industry-leading performance, including Dark Matter, Monolith, Pure Outdoor, and Indio. For more information about Monoprice, follow us on Facebook, Twitter, LinkedIn, YouTube, and the Monoprice Blog.