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SHINE and U.S. Department of Energy sign first-ever contracts under uranium lease and take-back program for Molybdenum-99

Press releases may be edited for formatting or style | January 07, 2022 Molecular Imaging

SHINE is also one of the DOE/NNSA's cooperative agreement partners. As announced in October 2021, NNSA awarded SHINE an additional $35 million to support their efforts to produce Mo-99 commercially by the end of 2023. This award is part of the DOE/NNSA financial assistance efforts to establish a reliable, U.S.-produced supply of Mo-99, without using highly enriched uranium. NNSA has implemented this effort by competitively awarding cost-shared cooperative agreements to commercial entities, as well as providing funds to DOE's National Laboratories to support development of non-highly enriched uranium Mo-99 production technologies.

Learn more about NNSA efforts to establish a reliable supply of Mo‑99 without the use of highly enriched uranium.

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Learn more about SHINE's efforts to deploy fusion technology to establish a reliable supply of Mo‑99 without the use of highly enriched uranium.


About SHINE Technologies
SHINE is a next-generation nuclear technology company focused on deploying state-of-the-art fusion technology to help solve global problems as a scalable path to practical fusion energy.

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