TAE Technologies announced a definitive agreement to merge with Trump Media & Technology Group in an all-stock transaction valued at more than $6 billion, creating one of the world's first publicly traded fusion power companies. The combined company plans to site and begin construction of a 50-megawatt utility-scale hydrogen-boron fusion power plant in 2026. TAE's Michl Binderbauer and TMTG's Devin Nunes will serve together as co-CEOs of the newly combined company. TAE Technologies is a Parkway Venture Capital portfolio company.
Read the full article: TAE Technologies' announcement of the Trump Media merger
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