A New Zealand startup trying to harness nuclear fusion using an unconventional “inside out” reactor with a powerful levitating magnet at its core is looking towards partnership around the world, but has warned that Europe’s approach to energy innovation can be more “fragmented and protectionist” than the US and Asia.
OpenStar Technologies said that with support from New Zealand venture capitalists and research collaborations with US institutions, it is accelerating towards commercialisation – and expanding its global presence.
While OpenStar is rooted in New Zealand – a country not traditionally associated with fusion research – its partnerships and collaborations already span the US and beyond, founder and chief executive officer Ratu Mataira told NucNet
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