NearStar Fusion

Fusion Machine Developer
NearStar Fusion logo

Founding Year

2021

Location

🇺🇸 Chantilly, Virginia, United States

Company Founders

Douglas Witherspoon

Christopher Faranetta

Leadership

Christopher Faranetta, Vice President

Amit Singh, CEO

Douglas Witherspoon, President and Chief Scientist

NearStar Fusion is pursuing Magnetized Target Impact Fusion (MTIF). This approach envisions a railgun which launches 50 gram projectiles at 10 km/s at pure deuterium fuel targets which are magnetized upon impact. If successful, a power plant based on this design could deliver 50-100MWe of electricity to the grid.

Funding Received (Nondilutive)

October 31, 2023

programGrant

$50,000

AnnouncementGrant

September 7, 2023

programSBIR

$265,000

AnnouncementSBIR

October 19, 2022

programGrant

$75,000

AnnouncementGrant

© 2019-2025 Triple Product Inc. Content available under CC BY-NC 4.0. Terms of Use

TwitterLinkedin