10 Most Important Companies in the World

2. TAE Technologies

TAE Technologies is a US company which has been developing fusion energy technology and expects its fusion reactors to be operating commercially by 2030. TAE has demonstrated the production of stable plasma at temperatures of more than 50 million degrees in hundreds of test cycles.

The company raised $250 million in a Series G round in the summer of 2022, bringing its total funding to $1.2 billion. Among its prominent investors are Alphabet Inc. (NASDAQ:GOOG) and Chevron Corporation (NYSE:CVX).

Out of the 33 fusion energy companies, TAE is among the most promising to usher the world into an age of abundant clean energy at the commercial scale.