A Wellington fusion energy start-up’s getting a major boost, with fresh funding to build a next generation research facility.

The Government will lend up to $35 million from the Regional Infrastructure Fund to OpenStar Technologies to help develop its nuclear fusion machine, known as Tahi.

Fusion is the process which powers the sun, and the company's hoping to create a fusion power source that can be scaled up for commercial use.

OpenStar CEO Ratu Mataira says Tahi is of a scale that they'll be able to show the world it's as valid as other approaches. 

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A Wellington fusion energy start-up’s getting a major boost, with fresh funding to build a next generation research facility.
The Government will lend up to $35 million from the Regional Infrastructure Fund to OpenStar Technologies to help develop its nuclear fusion machine, known as Tahi.
Fusion is the process which powers the sun, and the company's hoping to create a fusion power source that can be scaled up for commercial use.
OpenStar CEO Ratu Mataira says Tahi is of a scale that they'll be able to show the world it's as valid as other approaches.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Ratu Mataira: OpenStar CEO on the company getting the funding for a new research facility

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/64f6f558-d0dc-4964-a96b-b3e7006e7811/transcript