What no one tells founders before a DESPAC: the deal itself is the easy part. Roshan Pujari took Stardust Power from a 2023 startup to a shovel-ready national lithium project in roughly three years — and he is refreshingly candid about the volatility, the hidden costs, and the discipline it took to survive year one as a newly public company.
Stardust Power is advancing development of its U.S.-based lithium refinery following a letter of intent supporting up to $150 million in project-level financing. The company says the financing structure is designed to strengthen the project’s valuation while limiting shareholder dilution as construction planning moves forward.
Stardust Power has entered into a Letter of Intent with a strategic counterparty for the supply of up to 15,000 metric tons per annum of lithium carbonate equivalent (“LCE”) in the form of lithium chloride.
Stardust Power has entered into a Letter of Intent with a strategic counterparty for the supply of up to 15,000 metric tons per annum of lithium carbonate equivalent (“LCE”) in the form of lithium chloride.
Can the US build lithium refining capacity that is actually bankable, operable, and competitive without relying on China? In Episode 3 of The SP Show, Dr. Srinivas Popuri sits down with Roshan Pujari, Founder & CEO of Stardust Power, to discuss the hard realities of building a lithium refinery in the US.
Cornerstone Consortium is a DoD-aligned U.S. collaboration strengthening the domestic industrial base and securing critical supply chains.
Stardust Power will host a conference call at 5:30pm ET on Wednesday March 25, 2026 to discuss the Company’s results.
Cornerstone Consortium is a DoD-aligned U.S. collaboration strengthening the domestic industrial base and securing critical supply chains.
Stardust Power has entered into a common stock purchase agreement with B. Riley Principal Capital II, LLC (“B. Riley”), that provides the Company with the ability to raise up to $10.0 million of capital at its discretion over a period of 36 months, subject to customary terms and conditions.
The Wall Street Analyzer’s staff of writers, analysts, publishers, producers, market researchers, and PR professionals aim to provide investors with the tools they need to make informed decisions on buying stock. They interview Roshan Pujari, CEO and Founder of Stardust Power.