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Company intel
From the job board · LinkedIn data via posting sync- Industry
- Renewable Energy Power Generation
- Company size
- 131 people
- Headquarters
- Kearny, New Jersey
- Founded
- 2022
- Type
- Privately Held
- Total funding
- $140.0M
Thea Energy is building an economical and scalable fusion energy system utilizing arrays of mass-manufacturable magnets and dynamic software controls. Commercial fusion energy can uniquely provide a limitless source of power for the future of humanity. Thea Energy spun out of Princeton University and Princeton Plasma Physics Laboratory in 2022 to commercialize the stellarator, a mature magnetic confinement fusion architecture. The Company was selected as an inaugural awardee of the U.S. Department of Energy’s Milestone-Based Fusion Development Program following a detailed merit review process. Thea Energy is also supported via six Department of Energy INFUSE awards and an ARPA-E SCALEUP award. Thea Energy is currently collaborating with leading national labs, academic institutions, and industrial partners to commercialize fusion energy on the fastest and most efficient path.
