Mirion Technologies (MIR) Hits New All-Time High on Westinghouse Partnership
We recently published . Mirion Technologies, Inc. (NYSE:MIR) is one of the Wednesday's top performers.
Mirion Technologies rallied to a new all-time high on Wednesday as investor sentiment was buoyed by its partnership with a global nuclear power company for the supply of Nuclear Instrumentation Systems (NIS).
Under the agreement, Westinghouse Electric Company and Mirion Technologies, Inc. (NYSE:MIR) will collaborate to provide advanced digital Excore Nuclear Instrumentation Systems (NIS), leveraging the Mirion proTK product line to upgrade aging NIS in operating nuclear power plants.
According to Mirion Technologies, Inc. (NYSE:MIR), the Mirion proTK product line represents an advanced and reliable Ex-core neutron flux measurement solution to replace the outdated equipment that can be costly and labor-intensive to maintain.
The upgrade will be offered exclusively through Westinghouse for both Westinghouse and Combustion Engineering-designed PWRs worldwide.
A radiation oncologist overseeing the delivery of radiation therapy to a patient.
'We are committed to advancing the nuclear industry through proven radiation safety technologies and expertise, and this partnership with Westinghouse underscores the importance of digital innovation,' said Mirion Technologies, Inc. (NYSE:MIR) President Loic Eloy.
While we acknowledge the potential of MIR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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