Silex Systems’ GLE Secures Key US DOE Funding
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2024
0mins
Source: Business Insider
Silex Systems Update: Silex Systems Limited's Global Laser Enrichment (GLE) has been selected by the US Department of Energy for its Low Enriched Uranium Program, which aims to enhance domestic uranium enrichment capabilities.
Potential Impact: This selection could position GLE as a significant supplier in the US nuclear fuel market, with funding possibilities reaching up to $3.4 billion for all awardees, significantly boosting GLE's operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
