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0.00302008244604635 0.00502612261093827 0.012620417520887 0.00742896192932558 0.00742896192932558 0.0228490179220951 0.0394153825805171 0.0267178096686727
Stock impact report

SHINE Raises $240 Million in Funding to Advance Commercial Fusion Technology [Yahoo! Finance]

ImmunityBio, Inc. (IBRX) 
Company Research Source: Yahoo! Finance
Nuclear fusion group SHINE Technologies said it has raised $240 million in equity funding to advance the company's commercial fusion technology. The Wisconsin-based company on February 26 also said it has appointed Dr. Patrick Soon-Shiong, M.D., executive chairman of ImmunityBio and founder of NantWorks, to its board of directors. The funding round was led by NantWorks, with additional participation from Fidelity Management & Research Company, Sumitomo Corp. of Americas, Pelican Energy Partners, Deerfield Management, Oaktree Capital Management, and other existing investors. SHINE's commercial fusion technology includes a portfolio of products and services. The company is providing neutron testing that qualifies mission-critical components for defense and aerospace; it also is supplying radioisotopes that power targeted cancer therapies and diagnostic imaging. The group on Thursday said the investment also marks the beginning of the company's next stage of growth, which is developing Show less Read more
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