Mirion delivers vital protection that unlocks the transformative potential of radiation to move science, industry and medicine forward.
The company generates revenue by selling radiation detection, measurement and monitoring products, software and related services directly and indirectly to a broad range of end use customers, including nuclear power operators, research laboratories, defense agencies, hospitals and cancer centers.
The company operates through the following…
Mirion delivers vital protection that unlocks the transformative potential of radiation to move science, industry and medicine forward.
The company generates revenue by selling radiation detection, measurement and monitoring products, software and related services directly and indirectly to a broad range of end use customers, including nuclear power operators, research laboratories, defense agencies, hospitals and cancer centers.
The company operates through the following segments: Nuclear & Safety and Medical.
• Nuclear & Safety: This segment powers advancements in nuclear energy and critical radiation safety, measurement and analysis applications across nuclear power facilities, laboratories, research sites and industrial markets such as defense, providing radiation monitoring systems, reactor instrumentation, imaging equipment, waste management solutions and laboratory analysis tools.
• Medical: This segment improves the quality and safety of cancer care delivery and supports applications across medical diagnostics and practitioner safety, offering radiation therapy quality assurance hardware and software, nuclear medicine products for radiopharmaceutical production and patient dosing, and occupational dosimetry services that monitor radiation exposure for healthcare workers.
Mirion holds a leading position in the radiation safety industry, benefiting from a large installed base of its products in more than 98% of global nuclear power plants and over 80% of cancer centers worldwide, which creates recurring revenue through replacement, service and upgrade cycles; key competitors in the Nuclear & Safety segment include Thermo Fisher Scientific, Curtiss Wright, Ortec (Ametek), FLIR (Teledyne), Ludlum, Fuji Electric, Caen System, Fluke (Fortive), Berthold Technologies, and Framatome, while the Medical segment faces competition from Landauer (Fortive), PTW, IBA, Standard Imaging, Comecer, and LAP.
The company serves a diverse customer base that includes active nuclear power reactors, developers of small modular reactors, universities, numerous international government and supranational agencies, 23 of the 32 NATO militaries, national laboratories, environmental laboratories, research institutes, industrial companies, radiopharmaceutical drug manufacturers, hospitals, cancer centers, and small office healthcare providers.
Sectors:Industrials · HealthcareSector rationaleThe primary business is the Nuclear & Safety segment, which sells radiation monitoring systems, reactor instrumentation, and waste management solutions to nuclear power plants, defense agencies, and laboratories, fitting the Industrial Machinery and Electrical Equipment categories. A secondary sector of Healthcare is justified because the Medical segment is a substantial, distinct business line providing radiation therapy quality assurance hardware, nuclear medicine products, and dosimetry services to hospitals and cancer centers.Industries:Nuclear EquipmentIndustrialsPrimaryMirion provides reactor instrumentation and radiation monitoring systems for nuclear power facilities and developers of small modular reactors. Its Nuclear & Safety segment specifically targets nuclear power operators and research sites with hardware for nuclear energy and radiation safety.Diagnostic EquipmentHealthcareSecondaryThe company sells nuclear medicine products for patient dosing and medical diagnostics, as well as radiation therapy quality assurance hardware and software used in cancer centers.DefenseIndustrialsSecondaryMirion sells radiation detection and monitoring products to defense agencies and 23 of the 32 NATO militaries.Classified using BQ-MICSCIK: 0001809987