Silex Systems’ GLE Secures Key US DOE Funding

Silex Systems Limited (AU:SLX) has released an update.

Silex Systems Limited’s Global Laser Enrichment (GLE) has been chosen by the US Department of Energy as an awardee in its Low Enriched Uranium Program, which aims to bolster domestic uranium enrichment capabilities. This selection positions GLE to potentially become a key supplier in the US nuclear fuel market, leveraging its advanced laser-based enrichment technology. The program could provide a significant boost to GLE’s operations, with funding potentially reaching up to $3.4 billion for all awardees.

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