The commercial strategy of the Center for Nuclear, Medical, and Environmental Technology (CNMET) is to acquire selected spin off facilities and consolidate existing niche markets into a single, well-managed and licensed entity that can provide a convenient source for a full range of nuclear services. Large companies are currently downsizing, outsourcing, and eliminating risky and costly nuclear research and development (R&D) capabilities, and are teaming with universities with established nuclear engineering programs and research facilities to perform key services. An additional market trend is for companies to off-load ownership and operation of their nuclear testing, diagnostic, and irradiation facilities, and to contract with new owners for specific access and services. Others are simply decommissioning their nuclear facilities without replacement. The result is a decrease in availability of licensed facilities. That, in combination with an increasing demand for services from the private sector, provides the basis for a solid commercial opportunity. E-Cubed and Nuclear Labyrinth will assume commercial production to reduce costs, implement uninterrupted production cycles, and achieve economies of scale. Appropriate R&D functions then will be merged and contracted to universities with nuclear facilities, such as the University of Utah’s TRIGA reactor, to promote innovation, train co-operatively, and supply a steady stream of knowledgeable and seasoned potential employees to the workforce.

CNMET 01-02
CNMET 02-03

Highlights

• Nuclear Labyrinth is a newly formed company under CNMET that will engage in commercial nuclear services beginning in 2006.

Spin Out Companies

• Nuclear Labyrinth

Benefiting Companies

Center's University Website and Contact Information