SHINE advances fusion energy with Chrysalis facility
Secured a $263 million conditional DOE loan for Mo-99 isotope production at a new facility
Latest SHINE Technologies News & Updates
See the latest news and media coverage for SHINE. We track all announcements, press releases, and industry mentions in real time, all in one place.
Nuclear fusion technology developer
shinefusion.com- Headquarters
- Janesville, United States
- Founded year
- 2010
- Company type
- Private company
- Number of employees
- 350–500
- Industry
- Uranium
Last updated
Latest news about SHINE Technologies (SHINE)
In short: SHINE secured a $263M DOE loan for its Chrysalis facility and raised $240M to advance medical isotopes and nuclear fuel recycling.
Company announcements
SHINE's fusion platform is already generating revenue
It earns from neutron testing, medical isotope manufacturing, and waste recycling, as highlighted at FusionX:Americas.
SHINE and newcleo announce partnership to close nuclear fuel cycle
They will explore supplying recovered materials for MOX fuel and recycling spent fuel from newcleo's reactors.
SHINE competitively selected by DOE for plutonium program
The proposal involves processing surplus plutonium to recover americium for radioisotope applications and purifying the rest for advanced reactor fuel, partnering with Zeno Power and Orano.
Media coverage
SHINE Technologies receives EU CMA for Ilumira Lu-177 radioisotope
Next-generation fusion specialist SHINE Technologies has secured centralised marketing authorisation...
SHINE Selected for Advanced Negotiations for U.S. Department of Energy Surplus Plutonium Utilization Program
SHINE Technologies has been competitively selected by the U.S. Department of Energy for advanced negotiations to convert surplus plutonium ? material originally produced for U.S...
Janesville nuclear fusion company picked for $263 million federal loan
The loan would go toward SHINE Technologies’ vast medical isotope production facility in Janesville.
Conditional funding announced for US fusion-based isotope facility
The award to SHINE Chrysalis LLC, through the Department of Energy's Office of Energy Dominance Financing, is dependent on the company satisfying technical, legal, environmental...
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