Investors
Freemelt secures an order from TAE Technologies within fusion
Freemelt will conduct a feasibility study for the private industrial company TAE Technologies, where the first phase involves printing tungsten components as part of an engineering evaluation and manufacturing demonstration. The objective is, subject to successful results, to advance the project through subsequent development phases towards the industrial application of additive manufacturing.
TAE Technologies is a privately held American company and one of the most established players in the development of commercial fusion energy, with a focus on enabling carbon-free power generation through advanced reactor concepts. The company is currently transitioning from research and development towards the commercialization of fusion technology, with the ambition to establish fusion as a key component of the future global energy system.
“This is a strategically important project to expand Freemelt’s position within fusion energy and will demonstrate our tungsten capabilities. Working together with an innovative player such as TAE Technologies provides us with an important opportunity to further demonstrate our capabilities in tungsten and advanced materials,” says Daniel Gidlund, CEO of Freemelt.