Trump Media & Technology Group Corp and TAE Technologies, Inc. have signed a definitive merger agreement valued at over $6 billion.
The merger aims to create one of the world's first publicly traded fusion companies, advancing fusion technology for utility-scale power plants.
The combined company plans to commence construction on the first utility-scale fusion power plant in 2026, revolutionizing America's energy landscape.
Strategic Merger
Merger combines TMTG's capital strength with TAE's leading fusion technology to accelerate the development of utility-scale fusion power plants.
Future Power Plants
Plans for 50 MWe fusion power plant in 2026 with additional plants projected to range from 350 to 500 MWe, transforming America's energy sector.
Financial Boost
TMTG to provide up to $200 million cash to TAE at signing, enhancing TAE's ability to commercialize next-generation fusion technology.
Experienced Leadership
Devin Nunes and Dr. Michl Binderbauer to serve as Co-CEOs, supported by a distinguished nine-member board, ensuring strong governance.
Technological Innovation
TAE's fusion technology breakthroughs promise economic, abundant, and reliable electricity, vital for America's A.I. dominance and energy security.
- The merger positions the combined entity to lead in fusion power development, potentially altering America's energy landscape.
- Fusion power plants are expected to revolutionize energy supply, economics, and national security, with implications for A.I. revolution.
The merger of Trump Media & Technology Group and TAE Technologies heralds a new era in fusion energy innovation, with far-reaching implications for America's energy security and technological advancements.