Openstar Technologies
OpenStar Technologies is a deep tech company developing levitated dipole fusion reactors using high-temperature superconductor technologies to provide clean, baseload power. It builds experimental devices to validate the physics and engineering required for commercial fusion energy production.
verified 17 July 2026
↗ OpenStar Technologies - Crunchbase Company Profile & ...↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations↗ OpenStar TechnologiesFact sheet
- Founded in 2021↗ OpenStar Technologies↗ Who are OpenStar Technologies?↗ OpenStar↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations
- HQ in Wellington, New Zealand↗ OpenStar Technologies↗ Who are OpenStar Technologies?↗ OpenStar↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations
- Total funding: approx. $6.3M USD↗ OpenStar Technologies↗ Who are OpenStar Technologies?↗ OpenStar↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations
- Key technology: levitated dipole fusion reactors using HTS magnets↗ OpenStar Technologies↗ Who are OpenStar Technologies?↗ OpenStar↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations
- Key projects: Junior (experiment), Tahi (next-generation design)↗ OpenStar Technologies↗ Who are OpenStar Technologies?↗ OpenStar↗ OpenStar Technologies - Products, Competitors, Financials, Employees, Headquarters Locations
- Breakthrough: levitated a 500kg HTS magnet inside a five-metre vacuum chamber with plasma heated to over 1,000,000°C↗ Opinion: Fusion could solve AI’s looming energy shortfall - BitRss - Crypto World News · 2026-07-18
Recent developments
OpenStar Technologies has claimed a breakthrough in sustained nuclear fusion, reportedly levitating a 500kg magnet inside a five-metre vacuum chamber filled with plasma heated to over a million degrees Celsius.
Read more ↗bitrss.com18 Jul