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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 Stock Selection with 300% 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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Top Penny Stocks to Buy Profitable Stock Trading Tips ✌️【Smart Picks】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. The temperature inside the tokamak reaches 150 million degrees, 10 times hotter than the sun’s core. Under this extraordinary heat, the hydrogen isotopes smash together within a plasma, causing them to fuse in a process creating enormous amounts of energy.
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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.
Top Penny Stocks to Buy Profitable Stock Trading Tips ✌️【Smart Picks】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. The advantage of this reactor is it’s easier and faster to engineer than a tokamak, Mataira said. This “allows you to rapidly iterate and improve performance very, very quickly.” It’s also less complex than a tokamak — which he compares to “building a ship in a bottle” — meaning it’s much faster to fix if something goes wrong.
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 Stock Selection with 300% 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.
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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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