SHINE Technologies is partnering with Sumitomo Corporation of Americas (SCOA), a leading global trading and investment company, the company announced today.
According to a release, the partnership, formalized through a memorandum of understanding, will explore and develop pathways for SCOA to promote and distribute SHINE’s innovative products and services throughout Japan and other Asian markets.
“This strategic partnership with SCOA opens vital channels to bring our fusion-based technologies to Asian markets,” SHINE CEO Greg Piefer said in a statement. “Combining their deep market knowledge and established distribution networks with our innovative production methods strengthens international supply chains for nuclear medicine, neutron imaging and irradiation services while advancing our long-term vision of harnessing fusion to solve humanity’s most pressing energy challenges.”
The partnership also will focus on establishing reliable supply chains for SHINE’s portfolio of products and services, and it lays the groundwork for studying logistics and legal requirements to transport radioisotopes and related materials between the United States and Asian territories.