Oak Ridge, Tennessee, April 07, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that its Co-Founder and Chief Executive Officer Christo Liebenberg will be in attendance and is scheduled to participate in a Panel Discussion at the World Nuclear Fuel Cycle (WNFC) 2025 conference, held in Montreal, Canada on April 8-10th, 2025
The panel titled, “Enriching the future: opportunities and challenges” will be held on Wednesday, April 9th from 14:00-15:15. Other panelist include representatives from Constellation Energy, Orano USA, Centrus Energy Corp. and Urenco.
Jointly organized by the World Nuclear Association and the Nuclear Energy Institute, World Nuclear Fuel Cycle (WNFC) is a top-level international forum co-organized by the Nuclear Energy Institute and World Nuclear Association. The conference offers a timely opportunity for attendees to gain insights into critical developments affecting the commercial nuclear fuel cycle and the evolving dynamics of the fuel marketplace.
Figure 1 – LIS Technologies Inc. Co-Founder and CEO Christo Liebenberg to Participate in Panel Discussion at the Upcoming World Nuclear Fuel Cycle 2025 Conference.
“This international forum will feature leading companies and executives with real-world understanding of the intricacies of the fuel cycle,” said Christo Liebenberg, Co-Founder and CEO of LIS Technologies Inc. “I expect the panel to prove to be a fundamental occasion to share key insights into the industry and the delve into the opportunities, both current and upcoming, present in the United States and abroad. I look forward to an exciting and informative event that will help shape the future of this industry in the years to come.”
“The fuel cycle is vital to the nuclear energy sector, and this event is undoubtedly one of the year’s key milestones,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “We are proud to be the only U.S. origin, patented and independently verified Technology Readiness Level (TRL) 4 laser uranium enrichment technology company to be represented at WNFC 2025. Our cutting-edge approach represents a significant advancement in enrichment capabilities and holds the potential to reshape the global industry and guide the future of nuclear energy.”
About LIS Technologies Inc.
LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.
In 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.
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Forward Looking Statements
This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.
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