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LIS Technologies Inc. Receives a Non-possessing Facility Clearance from the Nuclear Regulatory Commission Paving a Path for Access to Classified Matter

GlobeNewswire LogoGlobeNewswire5d ago

LIS Technologies Inc. Receives a Non-possessing Facility Clearance from the Nuclear Regulatory Commission Paving a Path for Access to Classified Matter - GlobeNewswire

Quick Summary:

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 27, 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 received a non-possessing Facility Clearance from the Nuclear Regulatory Commission (NRC).

Several design aspects of the CRISLA technology are already being protected as CUI within the Company.” LIS Technologies is building on the growing momentum within the United States nuclear energy industry, having been selected in December 2024 as one of six companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program.

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Article Details

Author / Journalist: LIS Technologies Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 12:30:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 1066 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27368623

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 51 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 14 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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