Mirion Technologies: Quiet Compounder of the Nuclear Revival

There’s an old saying that the picks and shovels make more money than the gold miners. If that’s true, then Mirion Technologies (MIR) might be one of the better “picks and shovels” plays in the coming nuclear and radiological renaissance.

While the headlines are dominated by small modular reactor startups and nuclear fuel suppliers, Mirion quietly sits behind the curtain — providing the critical radiation detection, measurement, and safety equipment that keeps the entire ecosystem running. Whether it’s a hospital, a nuclear plant, or a defense research lab, chances are some piece of Mirion’s tech is humming in the background.