TAE Technologies Stock $18.00

Forge Price BeaconForge Price 1 updated October 25, 2024

tae.comEnergy / Clean EnergyFounded: 1998Funding to Date: $1.04B

TAE Technologies, founded in 1998 with the goal of delivering limitless carbon-free electricity to the grid using non-radioactive hydrogen-boron fusion, is a developer of aneutronic fusion power. The company’s technologies have produced a portfolio of commercial innovations in adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. TAE Technologies is headquartered in Foothill Ranch, California.

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Private Market Pricing DetailsValuation & Financings

TAE Technologies Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
10/25/2024
Price per Share
$18.00
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

TAE Technologies Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/19/2022 Series 12 $157.34MM $xx.xx $4.96B Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment Management, New Enterprise Associates
Price per Share
$xx.xx
Shares Outstanding
3,146,790
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment Management, New Enterprise Associates
07/19/2022 Series 11 $92.66MM $xx.xx $4.96B Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment Management, New Enterprise Associates
Price per Share
$xx.xx
Shares Outstanding
926,605
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, TIFF Investment Management, New Enterprise Associates
04/09/2021 Series 10 $153.49MM $xx.xx $3.07B Parkway Venture Capital, Vulcan Capital, Venrock, New Enterprise Associates, Wellcome Trust, Alphabet, Kuwait Investment Authority
Price per Share
$xx.xx
Shares Outstanding
2,361,438
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.3x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Parkway Venture Capital, Vulcan Capital, Venrock, New Enterprise Associates, Wellcome Trust, Alphabet, Kuwait Investment Authority
02/27/2017 Series 9 $221.02MM $xx.xx $2.13B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,420,303
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
01/01/2015 Series 8 $96.08MM $xx.xx $1.39B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,402,104
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
02/01/2013 Series 7 $127MM $xx.xx $816.17MM The Rusnano Group
Price per Share
$xx.xx
Shares Outstanding
5,080,000
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
The Rusnano Group
08/01/2010 Series 6 $84.96MM $xx.xx $465.59MM New Enterprise Associates
Price per Share
$xx.xx
Shares Outstanding
4,530,998
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
New Enterprise Associates
05/21/2007 Series 5 $40MM $xx.xx $241.86MM Venrock, Vulcan Capital, Goldman Sachs
Price per Share
$xx.xx
Shares Outstanding
3,200,000
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Vulcan Capital, Goldman Sachs
11/14/2005 Series 4 $50.22MM $xx.xx $186.87MM Venrock, Vulcan Capital
Price per Share
$xx.xx
Shares Outstanding
5,021,835
Liquidation Pref Order
9
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
4.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Vulcan Capital
09/08/2003 Series 3 $9.79MM $xx.xx $48.39MM Vulcan Capital
Price per Share
$xx.xx
Shares Outstanding
1,958,592
Liquidation Pref Order
10
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vulcan Capital
01/07/2003 Series 2 $1.14MM $xx.xx $28.58MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
228,900
Liquidation Pref Order
11
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
07/12/2002 Series 1 $3MM $xx.xx $12MM Paul Allen
Price per Share
$xx.xx
Shares Outstanding
1,200,000
Liquidation Pref Order
12
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Paul Allen

TAE Technologies investors also invested in these private companies

The Rusnano Group
Sumitomo Corporation Of Americas
Nicoya Capital Group
Tiff Investment Management
Capella Partners
Paul Allen
Kuwait Investment Authority
Caygan Capital
Upventures
Piz Signal

Leadership & Board

Leadership

Ken Roberts
General Counsel
David Ewing
Chief Information and Communications Officer
Michl Binderbauer Ph.D
Chief Executive Officer
Artem Smirnov Ph.D
Chief Technology Officer
Jonathan Toretta
Head of Business Development, Chief Executive Officer of TAE Global GmbH & Chief Revenue Officer
Toshiki Tajima Ph.D
Chief Science Officer
William Coaker
Chief Investment Officer
Andrew Conrad
Co-Founder
George Sealy
Co-Founder
Hendrik Monkhorst Ph.D
Co-Founder
Ran Bareket
Chief Financial Officer & Senior Vice President

TAE Technologies stock FAQs

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Can you buy TAE Technologies stock?

As TAE Technologies is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like TAE Technologies, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy TAE Technologies stock?

To invest in a private company like TAE Technologies through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
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  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell TAE Technologies stock?

Yes, you may sell the TAE Technologies stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell TAE Technologies stock?

If you hold private company shares of TAE Technologies – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your TAE Technologies on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is TAE Technologies a public company?

No, TAE Technologies is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is TAE Technologies’ stock price?

TAE Technologies is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/25/2024 the TAE Technologies Forge Price is $18.00 per share. The Forge Price is a derived price calculated for private companies like TAE Technologies to provide insights into their current valuation. Learn more about Forge Price.
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What is TAE Technologies’ stock ticker symbol?

TAE Technologies does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

TAE Technologies’ news and media highlights

Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, today announced they have signed a memorandum of understanding to explore commercial opportunities that use TAE’s fusion technology to provide emissions-free power and heat for Direct Air Capture (DAC) facilities. Fusion technology has the potential to deliver emissions-free, continuous and on-demand energy to complement Occidental’s existing zero or very-low emissions approach for DAC power and heat requirements.
Limitless power from nuclear fusion could end wars over energy resources and make the world a better place, says the chief of a leading developer of the technology, while warning that competition between countries to develop the technology first could be about to heat up. When it comes to “racing the Chinese” in developing nuclear fusion, “I think the entire Western world of course is nervous about that,” said Michl Binderbauer, CEO of TAE Technologies.
TAE Technologies, a fusion energy development company, is getting closer to its goal of bringing renewable fusion-powered energy to residents of California. Governor Gavin Newsom of California signed a high-profile legislation into law on October 7, 2023, that recognizes the safety and sustainability benefits of fusion energy while laying the foundation for the state to regulate the fusion energy industry. TAE Technologies is the first private U.S. company working to commercialize fusion energy.
Building a fusion power plant will be a long, complicated and costly process. That’s why some companies are finding ways now to commercialize some of the advanced technologies they’re developing to eventually harness the energy of stars. With more than a dozen companies working on different designs to trigger and control fusion reactions, researchers have also come up with innovative systems that can be used for in applications from medicine to industrial imaging to electric vehicles.
Updated on: Oct 27, 2024

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