[Federal Register Volume 91, Number 83 (Thursday, April 30, 2026)]
[Notices]
[Pages 23314-23315]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-08415]


=======================================================================
-----------------------------------------------------------------------

NUCLEAR REGULATORY COMMISSION

[Docket No. 50-608; NRC-2019-0029]


In the Matter of SHINE Technologies, LLC; SHINE Medical Isotope 
Production Facility; Direct and Indirect Transfers of License

AGENCY: Nuclear Regulatory Commission.

ACTION: Order; issuance.

-----------------------------------------------------------------------

SUMMARY: The U.S. Nuclear Regulatory Commission (NRC) is issuing an 
order approving the license transfer application filed by SHINE 
Technologies, LLC, dated February 4, 2026, as supplemented on April 13, 
2026. Specifically, the order approves the direct transfer of 
Construction Permit No. CPMIF-001 for the SHINE Medical Isotope 
Production Facility from SHINE Technologies, LLC to SHINE Chrysalis, 
LLC and a conforming license amendment. The order also approves the 
indirect transfer of control of the construction permit as a result of 
the establishment of SHINE Chrysalis Holdings, LLC as the direct parent 
company of SHINE Chrysalis, LLC. SHINE Chrysalis Holdings, LLC is a 
wholly owned subsidiary of Illuminated Holdings, Inc., the current 
parent company of SHINE Technologies, LLC.

DATES: The order was issued on April 22, 2026, and is effective for one 
year.

ADDRESSES: Please refer to Docket ID NRC-2019-0029 when contacting the 
NRC about the availability of information regarding this document. You 
may obtain publicly available information related to this document 
using any of the following methods:
     Federal Rulemaking Website: Go to https://www.regulations.gov and search for Docket ID NRC-2019-0029. Address 
questions about Docket IDs in Regulations.gov to Bridget Curran; 
telephone: 301-415-1003; email: [email protected]. For technical 
questions, contact the individual listed in the For Further Information 
Contact section of this document.
     NRC's Agencywide Documents Access and Management System 
(ADAMS): You may obtain publicly available documents online in the 
ADAMS Public Documents collection at https://www.nrc.gov/reading-rm/adams.html. To begin the search, select ``Begin ADAMS Public Search.'' 
For problems with ADAMS, please contact the NRC's Public Document Room 
(PDR) reference staff at 1-800-397-4209, at 301-415-4737, or by email 
to [email protected]. The ADAMS accession number for each document 
referenced (if it is available in ADAMS) is provided the first time 
that it is mentioned in this document.
     NRC's PDR: The PDR, where you may examine and order copies 
of publicly available documents, is open by appointment. To make an 
appointment to visit the PDR, please send an email to 
[email protected] or call 1-800-397-4209 or 301-415-4737, between 8 
a.m. and 4 p.m. eastern time (ET), Monday through Friday, except 
Federal holidays.

FOR FURTHER INFORMATION CONTACT: Michael Balazik, Office of Nuclear 
Reactor Regulation, U.S. Nuclear Regulatory Commission, Washington, DC 
20555-0001; telephone: 301-415-2856; email: [email protected].

SUPPLEMENTARY INFORMATION: The text of the Order is attached.

    Dated: April 28, 2026.

    For the Nuclear Regulatory Commission.
Michael Balazik,
Senior Project Manager, Non-Power Production and Utilization Facility 
Licensing Branch, Division of Advanced Reactors and Non-Power 
Production and Utilization Facilities, Office of Nuclear Reactor 
Regulation.

Attachment--Order Approving Direct and Indirect Transfers of License 
and Conforming Amendment

UNITED STATES OF AMERICA

NUCLEAR REGULATORY COMMISSION

In the Matter of: SHINE Technologies, LLC, Docket No. 50-608, SHINE 
Medical Isotope Production Facility, Construction Permit No. CPMIF-001.

ORDER APPROVING DIRECT AND INDIRECT TRANSFERS OF LICENSE AND CONFORMING 
AMENDMENT

I

    SHINE Technologies, LLC (SHINE Technologies) is the holder of 
Construction Permit (CP) No. CPMIF-001, which the U.S. Nuclear 
Regulatory Commission (NRC, the Commission) issued on February 29, 
2016, for the construction of the SHINE Medical Isotope Production 
Facility (SHINE facility) in Rock County, Wisconsin. SHINE Technologies 
is a wholly owned subsidiary of Illuminated Holdings, Inc. 
(Illuminated). The SHINE facility is currently being constructed.

II

    Pursuant to section 184, ``Inalienability of Licenses,'' of the 
Atomic Energy Act of 1954, as amended (AEA), and title 10 of the Code 
of Federal Regulations (10 CFR) section 50.80, ``Transfer of 
licenses,'' by application dated February 4, 2026 (Agencywide Documents 
Access and Management System (ADAMS) Package Accession No. 
ML26035A418), as supplemented on April 13, 2026 (ML26103A270), SHINE 
Technologies requested that the NRC consent to the direct transfer and 
indirect transfer of control of CP No. CPMIF-001. SHINE Technologies 
stated that these transfers were necessitated by an advanced loan 
application with the U.S. Department of Energy (DOE) to provide funds 
for the completion of the construction of the SHINE facility. To 
facilitate the loan application and DOE loan, Illuminated would form a 
new wholly owned subsidiary, SHINE Chrysalis, LLC (SHINE Chrysalis). 
The direct transfer would occur when Illuminated transfers the CP and 
related assets from SHINE Technologies to SHINE Chrysalis. The indirect 
transfer of control would occur when, concurrent with the direct 
transfer, SHINE Chrysalis Holdings, LLC (Chrysalis Holdings), a direct 
subsidiary of Illuminated, becomes the direct parent company of SHINE 
Chrysalis. Pursuant to 10 CFR 50.90, ``Application for amendment of 
license, construction permit, or early site permit,'' SHINE 
Technologies also requested that the NRC approve a conforming 
administrative amendment to the CP to reflect the proposed direct 
transfer.
    On March 6, 2026, the NRC published a notice of consideration of 
approval of the license transfer application in the Federal Register 
(FR) (91 FR 11089). This notice provided an opportunity to comment, 
request a hearing, and petition for leave to intervene on the license 
transfer application. The NRC received one public comment (ML26099A079) 
in support of approving the license transfer. The NRC did not receive 
any hearing requests in response to the notice.
    Pursuant to 10 CFR 50.80, no license for a production or 
utilization facility, or any right thereunder, shall be transferred, 
either voluntarily or involuntarily, directly or indirectly, through 
transfer of control of the license to any person, unless the Commission 
gives its consent in writing. Upon review of the information in the 
license transfer application and other information before the 
Commission, and

[[Page 23315]]

relying upon the representations contained in the application, the NRC 
staff has determined that SHINE Chrysalis is qualified to be the holder 
of the license and Chrysalis Holdings is qualified to be the indirect 
holder of the license and that the transfers of the license, as 
described in the application, are otherwise consistent with applicable 
provisions of law, regulations, and orders issued by the Commission 
pursuant thereto.
    Upon review of the request in the license transfer application for 
approval of a conforming administrative amendment to the license to 
reflect the direct transfer, the NRC staff has determined that: (1) the 
application for amendment complies with the standards and requirements 
of the AEA and the Commission's rules and regulations set forth in 10 
CFR Chapter I, (2) the facility will be constructed in conformity with 
the application, the provisions of the AEA, and the rules and 
regulations of the Commission, (3) there is reasonable assurance that 
the activities authorized by the amendment can be conducted without 
endangering the health and safety of the public and that such 
activities will be conducted in compliance with the Commission's 
regulations, (4) the issuance of the amendment will not be inimical to 
the common defense and security or to the health and safety of the 
public, and (5) the issuance of the amendment is in accordance with 10 
CFR part 51, ``Environmental Protection Regulations for Domestic 
Licensing and Related Regulatory Functions,'' of the Commission's 
regulations and all applicable requirements have been satisfied.
    The findings set forth above are supported by an NRC staff safety 
evaluation dated the same date as this order, a public version of which 
is available at ADAMS Accession No. ML26090A297.

III

    Accordingly, pursuant to Sections 161b, 161i, and 184 of the AEA, 
Title 42 of the United States Code Sections 2201(b), 2201(i), and 2234, 
and 10 CFR 50.80 and 10 CFR 50.90, It is hereby ordered that the 
license transfer application, as described herein, is approved.
    It is further ordered that SHINE Technologies shall, at least 5 
business days before the planned consummation of the license transfer 
actions, inform the Director of the Office of Nuclear Reactor 
Regulation in writing of the planned consummation date. Should the 
proposed transfers not be completed within 1 year of the date of this 
order, this order shall become null and void; provided, however, that 
upon written application to the Director of the Office of Nuclear 
Reactor Regulation and for good cause shown, such date may be extended 
by order.
    It is further ordered that consistent with 10 CFR 2.1315(b), the 
license amendment that makes changes, as indicated in Enclosure 2 to 
the letter forwarding this order, to reflect the subject direct license 
transfer is approved. The amendment shall be issued and made effective 
when the proposed license transfer actions are completed.
    This order is effective upon issuance.
    For further details with respect to this order, see the license 
transfer application dated February 4, 2026 (ML26035A418), as 
supplemented on April 13, 2026 (ML26103A270), and the associated NRC 
staff safety evaluation dated the same date as this order. Publicly 
available documents created or received at the NRC are accessible 
electronically through ADAMS in the NRC Public Documents collection at 
https://www.nrc.gov/reading-rm/adams.html. Persons who do not have 
access to ADAMS or who encounter problems in accessing the documents 
located in ADAMS, should contact the NRC Public Document Room reference 
staff at 1-800-397-4209, at 301-415-4737, or by email to 
[email protected].

    Dated: April 22, 2026

    For the Nuclear Regulatory Commission.
Jeremy Groom,
Acting Director, Office of Nuclear Reactor Regulation
[FR Doc. 2026-08415 Filed 4-29-26; 8:45 am]
BILLING CODE 7590-01-P