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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...