SHINE Medical Technologies has changed its name to SHINE Technologies, the company announced today.

According to a release, the new name highlights the company’s core technological competencies, skilled team and focus as a next-generation nuclear technology company.

“We are excited that our new name more clearly reflects our core technological competencies, strong team and long-term ambitions,” SHINE CEO Greg Piefer said in a statement. “SHINE was founded on differentiated technology, and a unique, lean and phased approach to developing nuclear technology. It’s great to be telling the world more about the company we’ve built, with an updated brand that reflects it.”

The company based in Janesville, Wis., is pursuing a four-phase strategy for the development of nuclear fusion technology to achieve its ultimate goal of producing fusion energy.