Deals Counterparts

TerraPower Isotopes to build $450M nuclear medicine facility in Philadelphia

Development Nuclear announced United States Mar 17, 2026
USD450M
Deal Value

TerraPower Isotopes, a nuclear medicine company backed by Bill Gates, announced plans to build a $450 million manufacturing facility in South Philadelphia's Bellwether District. The 250,000-square-foot plant will produce rare radioactive isotopes (actinium-225) used for targeted alpha therapy in cancer treatment. The state is investing $10 million in the project, which is expected to create 225 full-time jobs over three years. Philadelphia was selected over 350 other potential sites due to its proximity to life science industries.

Get daily nuclear deal alerts — free, no spam.

Register free to access full counterpart details, deal analysis, and timeline.

Register free →

Timeline

Announced
Mar 17, 2026
Signed
Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Register free →
Track Nuclear deals