LIS Technologies Inc.
The World Nuclear Symposium 2024 will take place on 4 September at the Park Plaza Westminster Bridge in Londonth – 6th2024.
New York, NY, August 21, 2024 (GLOBE NEWSWIRE) – LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only U.S.-based and patented laser uranium enrichment company, today announced that it is a Bronze Sponsor of the 2024 World Nuclear Symposium, to be held September 4 at Park Plaza Westminster Bridge in London.th – 6th2024.
From 4 SeptemberthNuclear industry leaders, experts and managers will gather in London to share insights and advance the role of nuclear energy in the global transition to a cleaner, more sustainable future. As highlighted during COP28, accelerating nuclear energy is critical to achieving significant reductions in greenhouse gas emissions.
Figure 1 – LIS Technologies Inc. is the Bronze Sponsor of the upcoming World Nuclear Symposium 2024.
The World Nuclear Symposium 2024, organized by the World Nuclear Association, will examine the potential of nuclear energy to promote economic development in emerging economies, extend the life of existing plants in developed countries, promote the deployment of innovative smaller and modular reactors, and understand the fuel requirements needed to deploy the next generation of nuclear energy technologies.
“The World Nuclear Symposium is one of the most eagerly awaited events of the year for the nuclear industry. It provides the latest information on nuclear developments and networking opportunities and I am delighted that LIS Technologies will be participating alongside other valued sponsors,” said Christo Liebenberg, Chief Executive Officer of LIS Technologies Inc. “It is critical to maintain our momentum and this symposium provides a valuable platform for industry leaders and innovators to showcase the future of nuclear energy technologies and address the challenges ahead. I look forward to an exciting and engaging event.”
About the World Nuclear Association
The World Nuclear Association is the international organization representing the nuclear industry. Its mission is to promote a broader understanding of nuclear energy among key international decision-makers by providing authoritative information, developing common industry positions and contributing to the energy debate.
About LIS Technologies Inc.
LIS Technologies Inc. (LIST) is a US-based proprietary developer of a patented advanced laser technology that uses infrared wavelengths to specifically excite the molecules of desired isotopes and thus separate them from other isotopes. The Laser isotope separation technology (LIST) has a huge range of applications and is not only the only US-American (and patented) company for laser uranium enrichmentit has several major advantages over traditional methods such as gaseous diffusion, centrifuges and state-of-the-art laser enrichment. LIST’s proprietary laser-based process is more energy efficient and can be deployed at highly competitive capital and operating costs. LIST is optimized for low-enriched uranium (LEU) for existing civil nuclear power plants, high-assay LEU (HALEU) for the next generation of small modular reactors (SMR) and microreactors, stable isotope production for medical and scientific research, and applications in quantum computer manufacturing for semiconductor technologies. The company employs a world-class nuclear engineering team that works with leading nuclear contractors and industry professionals and maintains close relationships with the government and private nuclear industries.
For more information, see: LaserIsTech.com
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E-mail: [email protected]
Phone: 800-388-5492
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Forward-looking statements
This press 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. For purposes of this disclosure, forward-looking statements mean statements regarding future events that may affect 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 press release and reflect 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 that may be beyond our control. There are special risks and uncertainties that apply to LIS Technologies Inc. that could cause our actual future results to differ materially from those expressed in our forward-looking statements, including, but not limited to, the following, which are exacerbated by a deterioration in the global business and economic environment: (i) risks associated with the development of new or advanced technologies, including difficulties in design and testing, cost overruns, development of competitive technologies, loss of key personnel and uncertainty regarding the success of patent applications, (ii) our ability to obtain contracts and financing to continue operations and (iii) risks related to the uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulations and policies, including 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 projections for a commercial plant. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. These factors may not represent all of the factors that could cause actual results to differ from those in a forward-looking statement. Accordingly, forward-looking statements should not be relied upon as predicting actual results. We undertake no obligation to update our forward-looking statements to reflect events or circumstances that may arise after the date of this press release, except as required by law.
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