Silex Systems: Completes “rigorous” eight-month test program in North Carolina

Silex Systems Completes “rigorous” eight-month test program in North Carolina

• Silex Systems (SLX) successfully completes a “rigorous” eight-month test program of the first module of full-scale laser technology in Wilmington, North Carolina
• The program is a key milestone in the SILEX uranium laser enrichment project conducted in collaboration with exclusive licensee, US-based Global Laser Enrichment (GLE)
• The technology could enable GLE to become a major contributor to nuclear fuel production for the world’s current and future nuclear reactor fleets
• Construction of additional identical laser system modules required for the commercial pilot demonstration project is progressing, with all modules scheduled to be shipped to Wilmington by the end of 2023
• Shares in Silex are up 11.1 per cent to close at $3.99