On December 2, TAE Technologies, a U.S.-based fusion energy company backed by Google and Chevron, along with the United Kingdom Atomic Energy Authority (UKAEA), entered into a bilateral reciprocal investment agreement. This pact is aimed at establishing a joint venture called TAE Beam UK, with the overarching goal of propelling the commercialization of neutral beam technology forward. The UKAEA has earmarked an investment of £5.6 million for this collaborative project.
