OpenStar Technologies

Fusion Machine Developer

Projects: 1 Funding (Nondilutive): 1 Jobs: 1

Founding Year

2021

Location

Wellington, New Zealand

Company Founders

Ratu Mataira

Leadership

Ratu Mataira, CEO

Website

www.openstar.tech

OpenStar Technologies is a fusion startup developing a levitated dipole machine. OpenStar reported achieving first plasma in 2024.

Projects

Levitated Dipole Reactor (LDR)

2022 - Present

Description

The Junior Levitated Dipole Reactor (LDR) project is the first prototype fusion energy experiment being built by OpenStar Technologies. Openstar is pursuing the viability of integrating advanced high-temperature superconducting (HTS) magnets and power supplies within a levitating system.

Funding Received (Nondilutive)

February 3, 2026

programLoan

$21,000,000

FundersNew Zealand Government

AnnouncementLoan: The New Zealand government announced it will invest up to NZ$35 million (~$21M USD) as a loan in OpenStar

Jobs

Expression of interest - Talent Pool

OpenStar Technologies

Wellington, New Zealand

Full-time

Found 7 months ago

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