Studsvik purchases intellectual property from FriGeo
On April 16, 2015, Studsvik purchased patents and other intellectual property and equipment from FriGeo AB. The patents, equipment and other intellectual property refers to the freeze technology that has been demonstrated by FriGeo in several areas of Sweden including its application in environmental remediation projects. A number of FriGeo employees have joined Studsvik in connection with the transaction.Studsvik and FriGeo have been working together for several years to apply this technology in the radioactive waste market, including deployment in the United States and the United Kingdom.