Precision Engineering Consultants, Inc.

Looking for capital to build facility for material manufacturing startup in the currently foreign supplied radiopharmaceuticals industry.

  • Stage Concept Only
  • Industry Medical Devices and Equipment
  • Location Salt Lake City, UT, US
  • Currency USD
  • Founded January 1994
  • Employees 5
  • Incorporation Type C-corp

Company Summary

This startup proposes to build a small nuclear reactor in Herriman, UT for the production of Molybdenum-99, which is used in 45,000 daily domestic medical imaging procedures. Startup cost is estimated at $200MM. Annual revenues $80-150MM after 5 years. This production will have exclusive access to the domestic market because there is no competitive domestic commercial production. Ensign Peak and Cynosure have expressed interest as major partners

Team

  • Director

    PhD Mech Eng 1986 UofUtah
    MS Nuc Eng 1983 UofUtah
    BS Chem Eng 1978 UofUtah, US Air Force Acad

    Mgr Rx Ops, UofUtah 1981-1991
    Mgr Rx Ops Texas A&M, 1986-1988
    Mgr Rx Ops, Idaho State, 1991-1994
    Director, Nuc Rx, Australia 1997-2000

    Prof, Texas A&M 1986-1988
    Prof, UofUtah 1988-1991
    Prof, Idaho State, 1991-1994
    Visiting Prof, Belarus State Univ, 1994-96

    INL, LANL, NTS, Hanford

    Fulbright Sr Scholar, Belarus, 1994-1996

    dr_fission@comcast.net

  • Mgr Nuclear Services

    PhD Chem Eng 1989 UofUtah
    MS Chem Eng 1984 UofUtah
    BS Chem Eng 1980 UofUtah

    GE Research, New York, 1989-90

    Professor, UofUtah 1992-2008

    Mgr Reactor Ops, UofUtah 1991-2008

    Owner of the Aerotest Nuclear Reactor, San Ramon, CA 2010-present

    dmsraven@gmail.com

  • Joyce Peterson
    Administrative Assistant

    Salt Lake District Attorney's Office, 1983-present
    First Security Bank, 1981-1983

    peterson.joyce@gmail.com

  • Ryan Schow
    Mgr Reactor Operations

    PhD Nuc Eng 2017 UofUtah
    ME Eng Mgt, 2008 Old Dominion Univ
    BS Mech Eng 2001 UofUtah

    US Navy, Officer 2001-2010
    SHINE, Safety Engineer 2017-2019
    UofUtah Reactor Supervisor 2013-2017
    Cook Nuclear Power Plant, 2010-2013, Supervisor
    Air Force Nuclear Weapons Center, Hill AFB, Lead Engineer, 2019-present

    rcschow@gmail.com

Advisors

  • Anthony Veca
    Unconfirmed
    Paul J Crowe
    Unconfirmed
    Michael Guastella
    Unconfirmed

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