Perma-Fix (PESI)

[CrocHntr]

PESI - Found another article about one of the competitors (Shine). It's more about Phoenix Nuclear Labs and takes the approach that Phoenix is more than a one-trick pony and isn't dependent on Shine's success with mo-99.

Phoenix Nuclear Labs Looks to Diversify in Defense, Energy


I thought this was an interesting excerpt and almost seems like hedging in case Shine has to throw in the towel...

Despite having several other applications for its technology, Phoenix has placed many of its eggs in the isotope-making basket, and its fortunes are tied in part to Shine’s. Do outside experts think Shine will succeed in penetrating the market?

A nuclear chemist at Los Alamos National Laboratory, who asked not to be identified by name (he’s not involved with any of the companies seeking to produce molybdenum-99), says there are pros to Shine’s accelerator-based approach, such as the ease of turning off the system compared to a reactor. However, he says, “there are more easily achieved proposals against which they are competing,” which has resulted in financing being “extremely hard to secure” for a company going the accelerator route like Shine.

All the more reason, it seems, for Phoenix to diversify its product line.