MEGA Industries Visits FRIB As Coax Transmission Lines Installed
Peter Matthews, CTO of MEGA Industries, recently visited the Facility for Rare Isotope Beams (FRIB) at Michigan State University (MSU) witnessing the installation of coax transmission lines manufactured by MEGA. During the visit Mr. Matthews met several members of the FRIB team and was presented with some special FRIB display materials in appreciation of the valued partnership between MEGA and FRIB.
Completion of Phase I of Mega’s $2.6 Million Dollar Contract
FRIB will be the largest nuclear research project in North America when finished in 2022 and will support the global study of rare isotopes. The installation of the 500 meters of coax transmission line signaled the successful completion of Phase I the $2.6 million dollar contract previously awarded by FRIB to MEGA.
Peter V. Anania, President of MEGA Industries, comments, “The team at MEGA did an outstanding job landing and completing Phase I of the FRIB contract. We look forward to continuing to work with FRIB and have already received additional contracts.”
MEGA’s Role as a Leader in High Energy Physics
MEGA Industries’ components and technology have been sought after and installed into a number of large scale scientific experiments across the globe.
In September of 2014, MEGA was awarded a $1.2 million dollar contract to develop and manufacture coaxial components for ITER-India. In March of 2015 the MEGA received a contract with FERMI National Laboratory in Batavia, Illinois to develop power couplers for a Radio Frequency Quadrupole. MEGA has also produced many components for the large hadron collider at CERN in Switzerland.
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.