Exhibit
      10.153

     

     

    NRC
      FORM
      374

     

    U.S.
      NUCLEAR REGULATORY COMMISSION

     

    MATERIALS
      LICENSE

     

     

    Pursuant
      to the Atomic Energy Act of 1954, as amended, the Energy Reorganization Act
      of
      1974 (Public Law 93-438) and Title 10, Code of Federal Regulations, Chapter
      I,
      Parts 30, 31, 32, 33, 34, 35, 36, 39, 40, and 70, and in reliance on statements
      and representations heretofore made by the licensee, a license is hereby issued
      authorizing the licensee to receive acquire, possess and transfer byproduct,
      source, and special nuclear material designated below; to use such material
      for
      the purpose(s) and at the place(s) designated below; to deliver or transfer
      such
      material to persons authorized to receive it in accordance with the regulations
      of the applicable part(s). This license shall be deemed to contain the
      conditions specified in Section 183 of the Atomic Energy Act of 1954, as
      amended, and is subject to all applicable rules, regulations, and orders of
      the
      Nuclear Regulatory Commission now or hereafter in effect and to any conditions
      specified below.

     

    Licensee

    1.
      HiEnergy Technologies, Inc.

    2.
      1601 B
      Alton Parkway, Irvine, California 92606

    3.
      License number 04-29234-01

    4.
      Expiration date June 30, 2016

    5.
      Docket
      No. 030-37298 Reference No.

    6.
      Byproduct, source, and/or special nuclear material

    A.
      Hydrogen-3

    7.
      Chemical and/or physical form

    A.
      Plated
      foil

    8.
      Maximum amount that licensee may possess at any one time under this
      license

    A.6
      Curies total

    9.
      Authorized use:

    A.
      Research and Development only.

    


    CONDITIONS

    10.
      Licensed material may be used or stored at the licensee’s facilities located at
      temporary job sites anywhere in the United States where the U.S. Nuclear
      Regulatory Commission maintains jurisdiction for regulating licensed material,
      including areas of exclusive Federal jurisdiction within Agreement
      States.

    


    If
      the
      jurisdiction status of a Federal facility within an Agreement State is unknown,
      the Licensee should contact the federal agency controlling the job site in
      question to determine whether the proposed job site is an area of exclusive
      Federal jurisdiction. Authorization for use of radioactive materials at job
      sites in Agreement States not under exclusive Federal jurisdiction shall be
      obtained from the appropriate state regulatory agency.

    


    
      
         

      

      
         

        
          

        

      

      
         

      

    

    11.
      The
      Radiation Safety Officer for this license is Dr. Alexander Vaucher.

    


    12.
      Licensed material shall only be used by, or under the supervision and in the
      physical presence of, individuals who have received the training described
      in
      application dated June 27, 2006.

    


    13.
      In
      addition to the possession limits in Item 8, the licensee shall further restrict
      the possession of licensed material to quantities below the minimum limit
      specified in 10 CFR 30.35(d) for establishing decommissioning financial
      assurance.

    


    14.
      The
      licensee shall conduct a physical inventory every 6 months, or at other
      intervals approved by the U.S. Nuclear Regulatory Commission, to account for
      all
      sources and/or devices received and possessed under the license. Records of
      inventories shall be maintained for 5 years from the date of each inventory
      and
      shall included the radionuclides, quantities, manufacturer’s name and model
      numbers, and the date of the inventory.

    


    15.
      Plated foils containing licensed material shall not be opened or sources removed
      from the source holder by the licensee.

    


    16.
      The
      licensee is authorized to transport licensed material in accordance with the
      provisions of 10 CFR Part 71, “Packaging and Transportation of Radioactive
      Material.”

    


    17.
      Except as specifically provided otherwise in the license, the licensee shall
      conduct its program in accordance with the statements, representations, and
      procedures contained in the documents, including any enclosures, listed below.
      The U.S. Nuclear Regulatory Commissions regulations shall govern unless the
      statements, representation, and procedures in the licensee’s application and
      correspondence are more restrictive than the regulations.

    


    FOR
      THE
      U.S. NUCLEAR REGULATORY COMMISSION

     

     

    
      	 	 	 
	Date: June
              30, 2006	 
	 
 	 
 	 
 
	 	By:  	/s/ Rachel
              S.
              Browder
	 	
              
                

              

              Rachel S. Browder, Health Physicist

              Nuclear Materials Licensing Branch

              Region IV

              Arlington, Texas 76011