Velan Inc. SV (TSE:VLN) has released an update.
Velan Inc. has reported a robust first quarter for fiscal 2025 with significant year-over-year improvements, including a 14.5% increase in sales and a substantial growth in gross margin to 30.7%. Additionally, the company has secured a $50-million alliance in the nuclear sector, hinting at a strong future in nuclear power deployments globally.
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