Velan Inc. SV (TSE:VLN) has released an update.
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Velan Inc., a leading industrial valve manufacturer, has announced a significant service agreement with GEH SMR Technologies Canada Ltd. to supply products and services for a Small Modular Reactor project with Ontario Power Generation Inc. This initial deal, which involves the development of technology, could substantially impact Velan’s revenue and operations should future orders in Canada, the United States, and globally materialize.
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