Dynasil of America Unit Wins Grants

Dynasil of America, a maker of detection, sensing and analysis technologies, said Thursday that its contract research subsidiary, RMD, Inc., has received two phase 2 grants totaling $2.1 million under the National Institute of Health and NASA’s Small Business Innovation Research and Small Business Technology Transfer Programs.

The grants cover the development of a new PET imaging beta probe intended for rapid localization of cancer lesions, and a radiation tolerant, temperature invariant scintillation modules for use in planetary science, astrophysics, heliophysics and space weather applications. Shares were 1.7% higher before midday.

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