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Actineer is strengthening the Operational Model

Published on January 26th, 2026

Actineer Celebrates Two Years with Key Agreements to Advance Strategic Growth

Chalk River, Ontario, January 26, 2026

Two Years of Progress

This year marks the third anniversary of Actineer, the joint venture between ITM Isotope Technologies Munich SE (ITM) and Canadian Nuclear Laboratories (CNL). Over the past two years, the partnership has taken meaningful steps to establish an efficient operating model based on its corporate structure and long-term strategy, positioning the joint venture to support the growing global demand for Actinium-225 (Ac-225).

Strengthening the Operational Model

As Actineer enters its third year, the partners have formalized new strategic agreements that clarify and enhance their respective roles.

As a global leader in the GMP production of Lutetium-177 (Lu-177), ITM will lead the sales, marketing, global distribution and GMP compliance at Actineer. ITM will apply its long-standing expertise in quality control, customer engagement and regulatory excellence to fulfill this responsibility.

CNL will provide interim Ac-225 production and exclusive access to a reliable Radium-226 (Ra-226) supply, the raw material expected to become a critical determinant of future Ac-225 production capacity. With its strong background in the development of innovative nuclear science and technology products and services, CNL will reinforce Actineer’s ability to scale sustainably.

These agreements ensure a coordinated, scalable framework that supports the joint venture’s long-term vision and mission to supply the radiopharmaceutical industry with a dependable supply of Actinium-225.

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Joseph Oliverio, President and CEO of Actineer:

“Actinium-225 is becoming a pivotal radioisotope in radiopharmaceutical therapy and as drug developers continue exploring its potential, a reliable and scalable supply is essential. With our strong corporate structure, Actineer reaffirms its commitment to ensuring access to Actinium-225 to enable the development of innovative cancer treatments.”

Secured Financing and Path Forward

With new financing in place, Actineer is positioned to advance toward its next milestones and future growth. The strengthened partnership between ITM and CNL, combined with clearly defined operational roles provide a solid foundation for expanding Ac-225 availability to the global radiopharmaceutical industry.

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About Actineer, Inc.

Actineer™ Inc. is a joint venture company between Canadian Nuclear Laboratories (CNL) and ITM Isotope Technologies Munich SE (ITM) dedicated to advancing Ac-225 technologies, quickly securing supply, and producing industrial-scale quantities of this valuable, rare medical radioisotope for the treatment of cancer. Founded in October 2023, Actineer™ Inc. together with its strong supply chain collaborators will progress Ac-225 development, production and processing technologies. It has established short-term production capabilities that is expected to lead to significantly boosting international supplies, while working long-term towards the construction of a new Actinium Production Facility (APF) in Canada. The joint venture’s mission is to fulfil the unmet global manufacturing and production needs of this coveted radioisotope with significant potential in the fight against cancer.

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