Source: WebWire

Press Release: TAE Technologies : Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities

Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, 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-l...Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=323051

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Est. Annual Revenue
$100-500M
Est. Employees
250-500
Michl Binderbauer's photo - Co-Founder & CEO of TAE Technologies

Co-Founder & CEO

Michl Binderbauer

CEO Approval Rating

89/100

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