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.
Oak Ridge, Tennessee, March 18, 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 it has convened a panel of independent reviewers to perform a Technology Readiness Level Assessment (TRA) of the CRISLA-3G technology at the LIST facility in Oak Ridge, TN during the week of March 11 – 13, 2025.
"In my view, the TRL assessment provides the necessary transparency for both investors and the technical team to execute on the project plan and realize the commercial enrichment facility based on CRISLA technology.” "This is a very important milestone for the advancement of CRISLA technology,” said Keith Everly Head of Security and IP Management of LIS Technologies Inc.
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