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New Zealand Invests $35M in OpenStar Fusion Energy Breakthrough Project

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The New Zealand Government is investing up to $35 million through the Regional Infrastructure Fund to support OpenStar Technologies in developing a specialised fusion energy research facility. OpenStar is pursuing a unique fusion design with potential advantages in stability, cost, and scalability, aiming to position New Zealand as a leader in this emerging, carbon-free energy technology. This investment aims to boost innovation, attract international funding, create high-value jobs, and generate potential benefits for sectors like aerospace and medical technology.

Tags: Shane Jones Ratu Mataira Ernest Rutherford OpenStar Technologies New Zealand Regional Infrastructure Fund fusion energy Government Regional Development Minister fusion research