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Silex Systems Limited ( (AU:SLX) ) just unveiled an update.
Silex Systems Limited has made significant strides in its uranium enrichment technology projects during the half-year ending December 2024. Progress includes the near completion of TRL-6 testing for its SILEX technology and the strategic acquisition of a 665-acre site for the Paducah Laser Enrichment Facility. Additionally, GLE’s selection as a DOE awardee under a $3.4 billion program positions it as a potential key player in the US uranium enrichment market. Furthermore, Silex is advancing its Quantum Silicon Production Plant, with substantial financial backing from both the Federal Government’s Defence Trailblazer program and Silicon Quantum Computing Pty Ltd.
More about Silex Systems Limited
Silex Systems Limited operates in the technology sector, focusing on laser-based uranium enrichment technology. The company collaborates with Global Laser Enrichment LLC in the US to commercialize this technology, with a strategic emphasis on uranium enrichment and quantum silicon production.
YTD Price Performance: -2.26%
Average Trading Volume: 10,539
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $765.5M
Learn more about SLX stock on TipRanks’ Stock Analysis page.
