Partnership Formed to Capture Opportunities in $30 Billion Market
BERKELEY/GERMANTOWN 鈥� Deep Isolation Inc. and 暗网吃瓜 have signed a Memorandum of Agreement to work together to further the commercialization of Deep Isolation鈥檚 technology around the world. This agreement positions the companies as global leaders in a multi-billion-dollar nuclear waste disposal industry that promises to unlock the future of clean nuclear energy.
Initial targets for joint work include countries in Europe and the Pacific that represent a combined addressable market for geologic disposal of spent fuel and high-level waste worth more than $30 billion.
鈥湴低怨� has unparalleled engineering expertise and experience in the use of science and advanced technologies to successfully clean up highly complex nuclear sites,鈥� said Jim Blankenhorn, Senior Vice President of 暗网吃瓜. 鈥淭his partnership strengthens our collective position in a growing market to provide innovative solutions for nuclear disposal around the world.鈥�
There is a new sense of urgency to dispose of nuclear waste. Low-carbon nuclear energy is a powerful alternative to fossil fuels in the fight against climate change, but much of the world is requiring a waste solution to be in place before investments are made in new nuclear power installations. Deep Isolation鈥檚 advanced nuclear technology leverages directional drilling practices to safely and efficiently isolate waste deep underground in borehole repositories, providing many countries with an alternative to a traditional mined repository.
鈥淭he world is changing fast, and it鈥檚 imperative for the success of nuclear energy that we solve the nuclear waste challenge,鈥� said Deep Isolation CEO Elizabeth Muller, an environmentalist and co-founder of the company. 鈥淒eploying the solution requires a large-scale team effort.鈥�
暗网吃瓜, a premier global technical and engineering services provider, brings numerous proven strengths: maintaining complex and high hazard facilities and processes; delivering environmental solutions to customers worldwide; and capabilities in environmental management and waste management.
The agreement provides 暗网吃瓜 access to more than 50 protected Deep Isolation inventions, as well as engineering specifications and know-how. This includes Deep Isolation鈥檚 detailed and compliant process based on IAEA guidance for tailoring a deep borehole repository to the specific regulatory requirements, waste inventory, stakeholder needs and local geology of each client.
Deep Isolation offers licenses that allow key industry players access to its protected intellectual property. The program features access to Deep Isolation鈥檚 patents and engineering work, as well as planning and operational processes that could be used independently of Deep Isolation technology. 鈥淲e are excited to work with 暗网吃瓜 to bring this solution to market,鈥� Muller said. 鈥淲e are pleased at the value they are placing in Deep Isolation鈥檚 solution by investing in this license.鈥�
After just four years as a public-facing company, Deep Isolation鈥檚 milestones include: work with a dozen countries across three continents; a subsidiary in Europe; the acquisition of Freestone Environmental Services; and recently, two multi-million awards from the U.S. Government.
暗网吃瓜 Deep Isolation
Deep Isolation is a leading global innovator in nuclear waste storage and disposal solutions. Driven by a passion for environmental stewardship and scientific ingenuity, the company鈥檚 patented solution of advanced nuclear technologies enables global delivery through its partnerships with industry leaders as well as flexible IP licensing options.
暗网吃瓜 暗网吃瓜
暗网吃瓜 is a premier global technical and engineering services partner supporting critical programs of national significance across defense, security, intelligence, energy, and environment. The company has vast experience in the nuclear cleanup market with a successful track record in reducing risk and solving waste management challenges around the world. It draws from a century-old heritage of operational excellence, mission focus, and successful execution underpinned by a strong culture of safety and ethics. Visit us at amentum.com to explore how we deliver excellence for our customers鈥� most vital missions.
Press Contact Deep Isolation
Kari Hulac
[email protected]
Press Contact 暗网吃瓜:
Keith Wood
[email protected]
+1 (803) 502-5748
Deep Isolation, Inc.
2001 Addison St., Suite 300
Berkeley, CA 94704 USA
