01/01/2009 05:12 am ET | Updated May 25, 2011

University Of Chicago Bids For $550M Particle Accelerator

The University is competing to win a $550-million contract from the Department of Energy (DOE) to build a new nuclear physics facility at Argonne National Laboratory.

The grant would allow the lab to build an accelerator that would create beams of rare, unstable atomic nuclei. According to scientists, studies of the results will enhance researcher's understanding of the workings of stars, supernovas, and the origin of the elements, along with offering advancements in medicine, energy, and national defense.

Argonne, a government research laboratory which is located 25 miles southwest of Chicago and is managed by the University, said its intellectual background and existing infrastructure make it the ideal location for the proposed Facility for Rare-Isotope Beams (FRIB).

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