b'B U S I N E S S I N V E S T M E N TSCOA Invests in TAE Technologies; Helps Fund Next-Gen Fusion Reactor Copernicus S umitomo Corporation of Americas (SCOA)announced its investment into TAE Technologies (TAE), a fusion power company and world leader in hydrogen-boron fusion research on July 19, 2022. This will help fund the construction of TAEs next research reactor, Copernicus, and help SCOAcontribute to the development of fusion powerin Japan and the rest of Asia as part ofthe Companys goal of helping create acarbon-neutral societyMost countries are seeking pathways toward industrialdemand of carbon-free resources and baseload power, carbon neutrality, with the demand for global electricwhich nuclear power plants can provide. power expected to triple over the next 30 years. DueNuclear fusion power is expected to be a next- to the lack of renewable resources, Southeast Asia willgeneration baseload power source as alternative forms see its electricity demand more than double: the re- of power serve a crucial supply to keep up with this gions fossil fuel dependency for the next two decadesenergy demand; many see this as the best long-term could extend even further. Despite public associationssolution for green energy. Copernicus is TAEs current of meltdowns and radioactive waste with nuclear pow- reactor prototype, and could potentially take its place er, many countries will need to meet the increasingas the worlds first fusion reactor to realize temperature Copernicus is TAEs current reactor prototype, and could potentially take its place as the worlds first fusion reactor to realize temperature requirements for nuclear fusion power generation. Designed to demonstrate the viability of achieving net energy generation, TAEs advanced beam-driven field-reversed configuration (FRC) is the penultimate step on TAEs path to commercialize clean fusion power.6 visions Summer 2022'