SHINE, Phoenix Nuclear Labs Sign Deal

by Brian Lee

SHINE Medical Technologies today announced a development and supply agreement with Middleton-based Phoenix Nuclear Labs.

SHINE will provide funding for Phoenix Nuclear Labs to refine its neutron generator technology. In exchange, Phoenix Nuclear Labs will exclusively provide SHINE with neutron generators for its isotope production facility.

“We’ve developed a strong partnership with PNL over the last several years, and they have demonstrated time and time again their ability to deliver key milestones on this important technology,” SHINE CEO Greg Piefer said in a statement. “I have every confidence that they will be an excellent supplier, helping to support SHINE for many years into the future.”

According to a release, SHINE and PNL have been working together in a research and development partnership over the last five years.