magnetar
A neutron star or pulsar with an extremely powerful magnetic field, especially those on which starquakes occur, thought to be the source of some gamma-ray bursts.
This signal could be detected with Advanced LIGO-class detectors up to the distance of the Virgo cluster, where ≥ 1 yr⁻¹ magnetars are expected to form.
Where it comes from
Blend of magnet + pulsar. By surface analysis, magnet + -ar.
Adapted from the Wiktionary entry magnetar (CC BY-SA 4.0).