Conditional funding announced for US fusion-based isotope facility

Molybdenum-99 (Mo-99) is used in hospitals to generate technetium-99m, a critically important diagnostic imaging radioisotope. The isotope is usually produced by irradiating uranium targets – often made from high-enriched uranium, seen as a proliferation risk – in only a few research reactors around the world. The USA currently relies on imports from Europe, South Africa and Australia for its Mo-99 supply, but the isotope decays rapidly, meaning that about one third of the volume and value of a consignment is lost during cross-continental transportation, according to SHINE. Chrysalis will “shore up global supply chains … eliminating logistical vulnerabilities while providing secure, reliable domestic supply”, the company said.

SHINE’s process uses fusion and a liquid uranium target that is recycled, an approach the company says reduces both the volume of radioactive waste and the operating costs. After more than 15 years of “significant” collaboration with US National Laboratories and support from the Department of Energy’s (DOE) National Nuclear Security Administration (NNSA), the company says, this conditional commitment to SHINE Chrysalis LLC, through the DOE Office of Energy Dominance Financing, “is instrumental in demonstrating the reliability and safety of SHINE’s fusion-based approach, which provides a modern, sustainable alternative to aging nuclear reactors”.

Once fully operational, the Chrysalis facility in Janesville, Wisconsin, will be the largest medical isotope production facility in the world, the company said. While focused on Mo-99 production, it will also be able to source other critical isotopes, including iodine-131 and xenon-133.

“The SHINE Chrysalis project is vital to improving the nuclear supply chain and contributing to a strong next-generation nuclear workforce while onshoring this critical production and improving national security,” Office of Energy Dominance Financing Director Gregory Beard said.

Matthew Napoli, NNSA’s Deputy Administrator for Defense Nuclear Nonproliferation, described SHINE as “the key to ending reliance on imports of foreign-produced Mo-99 and ensuring US patients have reliable access to American-made medical isotopes”. NNSA leadership and funding, and technical support from US national laboratories, had “enabled the company to go from an idea on paper to a commercial facility that is 75% complete”, he added. The conditional loan “will get this project across the finish line, and SHINE’s market entry will be a major win for American nuclear medicine, fusion technology, and nuclear nonproliferation leadership”.

   

  • Related Posts

    Dutch nuclear new-build partnership announced

    Mammoet has supported the safe and efficient assembly, maintenance, and decommissioning of nuclear power facilities around the world for decades. It is also leading the way in modular construction techniques,…

    First-of-a-kind microreactor test bed open for business

    The National Reactor Innovation Center (NRIC) facility – DOME for short, will enable rapid development, testing and demonstration of privately developed advanced nuclear reactors. DOME is an actual dome, 100…

    Have You Seen?

    Russia places temporary export controls on helium

    • April 14, 2026
    Russia places temporary export controls on helium

    EU signs off on €3.7bn Czech biomethane production subsidies

    • April 14, 2026
    EU signs off on €3.7bn Czech biomethane production subsidies

    Sunfire reveals new 50MW standardised plant for ‘triple-digit-megawatt’ projects

    • April 14, 2026
    Sunfire reveals new 50MW standardised plant for ‘triple-digit-megawatt’ projects

    Charbone eyes move beyond green hydrogen with industrial gas expansion

    • April 14, 2026
    Charbone eyes move beyond green hydrogen with industrial gas expansion

    Video | Why helium equipment hasn’t standardised

    • April 14, 2026
    Video | Why helium equipment hasn’t standardised

    Oil Prices Fall as Supply Concerns Ease on Hopes for US-Iran Talks

    • April 14, 2026
    Oil Prices Fall as Supply Concerns Ease on Hopes for US-Iran Talks

    The Commodities Supercycle is Here. How Might Investors Participate?: Taosha Wang 

    • April 14, 2026
    The Commodities Supercycle is Here. How Might Investors Participate?: Taosha Wang 

    Saudi Arabia Urges U.S. to Lift Iran Blockade

    • April 14, 2026
    Saudi Arabia Urges U.S. to Lift Iran Blockade

    China Cuts Back on Oil and Gas Imports as Prices Surge

    • April 14, 2026
    China Cuts Back on Oil and Gas Imports as Prices Surge

    Stockpiled Iranian Oil Cushions China From U.S. Blockade of Hormuz

    • April 14, 2026
    Stockpiled Iranian Oil Cushions China From U.S. Blockade of Hormuz