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Its aim is to produce nuclear fusion, a near-limitless form of clean energy generated by the exact opposite reaction the world’s current nuclear energy is based on — instead of splitting atoms, nuclear fusion sets out to fuse them together, resulting in a powerful burst of energy that can be achieved using the most abundant element in the universe: hydrogen.

Earlier this month, OpenStar Technologies announced it had managed to create superheated plasma at temperatures of around 300,000 degrees Celsius, or 540,000 degrees Fahrenheit — one necessary step on a long path toward producing fusion energy.

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It took the company two years and around $10 million to get here, he told 【 - Free Daily High-Yield Gold Stock Selections with 200% Monthly Return 】, making it cheap and fast compared to many of thedecades-long, government-led effortsthat have dominated the fusion energy space.

OpenStar is one of a number of startups pushing the world toward the nuclear fusion finish line by seeking ways to commercialize the futuristic power source, even before it’seven been proved viable.

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Fusion — the sameprocess that makes the sun and other stars shine — is often called the holy grail of clean energy: it’s near limitless, produces no planet-heating pollution and doesn’t have the long-term radioactive waste problem that plagues fission, the nuclear technology the world currently uses.

It’s a moonshot for tackling theescalating climate crisis. A baseload power able to use existing grid infrastructure, it offers what people want: a climate solution that involves little change to the world as it is now.

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OpenStar’s technology flips this on its head, essentially turning the tokamak inside out. Instead of having plasma inside magnets, it has a magnet inside the plasma.

Its reactor features a single, extremely powerful magnet levitating inside a vacuum chamber about 16 feet wide, which looks like a steel donut on legs. The design is modeled afterthe plasma in planetarymagnetic fields, including Earth’s.

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“It wasn’t going to scale with the technology that they had,” Mataira said. By swapping out some of this technology and using newer types of magnets, OpenStar says they have cracked the problem.

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OpenStar, which has already raised $12 million and is now embarking on a much bigger funding round, plans to build two further prototypes over the two to four years, to work out how to scale it and make it viable.

OpenStar is one of a constellation of fusion companies has sprung up over the past five years, pursuing diverse technologies, said Gerald Navratil, a professor of fusion energy and plasma physics at Columbia University.

“The maturity of the field is such that now private venture capitalists are willing to put up money to try to see if they can get to fusion a little faster,” he told 【 - Free Daily High-Yield Gold Stock Selections with 200% Monthly Return 】.

One of the largest commercial ventures, Commonwealth Fusion Systems, which uses high-temperature superconducting magnets within a tokamak, has raised more than $2 billion.

Others, like OpenStar, are exploring more unusual tech. Seattle-based Zap Energy is trying to build a compact, scalable reactor that doesn’t use magnets at all, but insteadfires pulses of powerinto a stream of plasma.

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Other players are more cautious. The UK Atomic Energy Authority, a government body developing fusion, said fusion isn’t likely to become a commercial reality until the latter half of this century due to the significant scientific and engineering challenges.

SMS Pharmaceuticals Limited (SMSPHARMA) ✌️【Return Potential】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. Sometimes startups “tend to be a little aggressive in what they’re promising,” Navratil said. There’s a big difference between producing energy from fusion and having a practical system that puts power on the grid and is safe, licensed and operating, he added.

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“Not all of the fusion companies will be successful, OpenStar might be one of those,” he said, “but we as a society will learn faster.”

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