SHINE Receives 2nd DOE Grant

by Taylor Kennedy

SHINE Medical Technologies logo

SHINE Technologies was awarded another Department of Energy’s Small Business Innovation Research Grant to help transform DOE-supported science and technology breakthroughs into viable products and services, creating a bridge between the laboratory and the marketplace, the business announced today.

“We are thankful to the DOE for their continued support,” SHINE Chief Technology Officer Ross Radel said in a statement. “This grant is a crucial step in advancing our ability to better understand and derisk the off-gas capture work needed to bring us closer to making nuclear fuel recycling a viable solution for the U.S. energy landscape.”

According to a release, the funding will be used to advance the development of porous materials that can more economically capture and properly dispose of Xenon and Krypton, two gaseous byproducts of nuclear fuel processing, to prevent their exposure into the environment.

The grant amount was not disclosed.

The biotech company also appointed Todd Caccamo as Chief Revenue Officer.