Silex Systems Secures DOE Innovative Technology Award for GLE.
Silex Systems Limited (ASX: SLX) has revealed that its exclusive licensee, Global Laser Enrichment (GLE), has been awarded up to US$28 million by the U.S. Department of Energy (DOE) to advance cutting-edge laser-based uranium enrichment technology. This funding will accelerate GLE’s efforts to bolster domestic nuclear fuel production. However, GLE was not selected for the DOE's US$900 million Low Enriched Uranium (LEU) award. Despite this, GLE remains committed to enhancing U.S. energy security through the development of the Paducah Laser Enrichment Facility (PLEF). The SILEX technology, which boasts superior enrichment efficiency compared to conventional centrifuge methods, positions GLE to lead in the market. Additionally, GLE is making significant progress with the Nuclear Regulatory Commission (NRC) in securing its licensing and is engaging with industry stakeholders to align its technology with the growing demand for advanced nuclear fuel solutions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Silex Systems Secures DOE Innovative Technology Award for GLE.
Silex Systems Limited (ASX: SLX) has revealed that its exclusive licensee, Global Laser Enrichment (GLE), has been awarded up to US$28 million by the U.S. Department of Energy (DOE) to advance cutting-edge laser-based uranium enrichment technology. This funding will accelerate GLE’s efforts to bolster domestic nuclear fuel production. However, GLE was not selected for the DOE's US$900 million Low Enriched Uranium (LEU) award. Despite this, GLE remains committed to enhancing U.S. energy security through the development of the Paducah Laser Enrichment Facility (PLEF). The SILEX technology, which boasts superior enrichment efficiency compared to conventional centrifuge methods, positions GLE to lead in the market. Additionally, GLE is making significant progress with the Nuclear Regulatory Commission (NRC) in securing its licensing and is engaging with industry stakeholders to align its technology with the growing demand for advanced nuclear fuel solutions.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au