Picking up this item will activate Double Shot which doubles your front guns firepower for 20 seconds. With certain talents, for example, the Double Shot talent you can extend the timer.
Accquiring this item will place your ship in a hyperspace bubble making you invurnerable to all collisions but not enemy fire. Bosses are not affected. With certain talents, for example, the HyperSpaceTime talent you can extend the timer by another 7.5 seconds.
Replenishes your armor by 25%. This can be improved with the the Health Booster talent.
Replenishes your shields by 25%. This can be improved with the the Shield Booster talent.
Replenishes your energy by 25%. This can be improved with the the Energy Booster talent.
This item will give your ship a tractor field which will allow you to attract other items and coins. This can be improved with the the Tractor Field talent which increases the chance of it appearing. It can also be converted to a blackhole with the the Blackhole Conversion talent which replaces the tracto field with a blackhole and allows you to charge through wormholes.