For Immediate Release
MEGA Industries LLC (MEGA) was recently awarded a $2.6 million contract to supply critical components for the Facility for Rare Isotope Research (FRIB), being built at Michigan State University (MSU) in East Lansing Michigan.
The overall program is estimated to cost upwards of three quarters of a billion dollars and is funded by the nuclear physics arm of the Department of Energy. MEGA’s role will include the manufacturing of precision linear accelerator RF components for the program.
More information FRIB
FRIB will be the largest nuclear research project in North America when finished in 2022 and will support the global study of rare isotopes. This research will not only lead to a greater understanding of the origins of the stars and planets; but also paves the way to more effective treatments for cancer and disease.
FRIB is expected to serve around 800 of the world’s leading nuclear scientists a year. The facility will accelerate ionized atoms using MEGA’s waveguide down a 500-metre-long series of tunnels causing them to shatter against the target producing beams of rare isotopes. This process is at a higher intensity than at any other facility in the world. It is predicted the fragments could include thousands of isotopes never seen on Earth.
More Information on the Contract
Peter Matthews, CEO of MEGA comments on the reasons why MEGA was chosen, “MEGA received the award after a merit based review and competitive bidding process. The award builds upon recent momentum here at MEGA and opens the doors for future contracts with FRIB as well as other organizations.” MEGA expects this to be the first of several awards they will receive as MSU completes this extensive facility.
Henry Downs, Vice President Engineering, comments that MEGA “Looks forward to working closely with the FRIB managers and engineers designing and manufacturing components that are at the heart of this leading edge LINAC. Our work on this project helps to further solidify our position as leaders in high energy physics.”
About Anania & Associates Investment Company LLC
Anania & Associates Investment Company LLC (AAI) is a Maine based and focused private equity firm that partners with management teams acquiring and building companies with a high potential for growth. Founded in 2008 the fund currently has 8 portfolio companies representing over 450 employees and $75 million in revenue. AAI is a long term, regionally focused investor focused on supporting sustainable growth for its portfolio companies which include: Biovation II LLC, Elmet Technologies LLC, Grow-Tech LLC, Lighthouse Imaging LLC, MEGA Industries LLC, mWAVE Industries LLC, Synergistic Software Solutions LLC & TrakTec LLC.