Monday, June 9, 2014

Kurion Wins Another Contract At Fukushima

Irvine-based Kurion, the developer of nuclear cleanup technology, reported another win over the weekend at Fukushima Daiichi. According to the company, it has been awarded a contract by Tokyo Electric Power Company (TEPCO) to deliver a system to remove strontium from tank water at the damaged Fukushima Daiichi Nuclear Power Plant. Financial impact of the win was not announced. Kurion's mobile system will be used to help remove strontium from hundreds of on-site tanks with contaminated water. Kurion is led by Bill Gallo, and is backed by Lux Capital, Firelake Capital Management and Acadia Woods Partners.