Investment in U.S.-Based Fusion Company SHINE Technologies
Japan, March 11 -- Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; President and CEO: Shingo Ueno) announced that it has made an investment, through Sumitomo Corporation of Americas (hereinafter collectively referred to as the "Sumitomo Corporation Group"), in SHINE Technologies ("SHINE"), a U.S.-based fusion company engaged in the development of fusion-derived applications including medical isotopes, neutron imaging technologies, nuclear waste recycling, and fusion energy.The investment builds upon a Memorandum of Understanding (MOU) executed in January 2025, under which Sumitomo Corporation Group and SHINE have collaborated on business development in areas where commercialization is advancing, particularly in the expansion of medica...
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