LIS Technologies Inc. Signs Agreement with Enveniam to Serve as the Lead Project Integrator for the Development of a Laser-Based Uranium Enrichment Facility
Oak Ridge, Tennessee, Nov. 04, 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 Enveniam, LLC (“Enveniam”), a Bernhard Capital Partners platform company consisting of Boston Government Services (“BGS”), Strategic Management Solutions Incorporated (“SMSI”), and Sterling Engineering and Consulting (“SE&C”), signed an agreement to serve as the Lead Project Integrator for the design, development, and construction of the LIST laser-based uranium enrichment facility.
As the Lead Project Integrator, Enveniam will support all activities related to project execution.
“This is a great opportunity not only for LIST and Enveniam, but also for the nuclear industry and the nation,” said Doug Freund, President & CEO of BGS and Executive Officer of Enveniam. “This project is another important element in the effort to recapture America’s nuclear energy leadership and establish our energy independence”.
Figure 1 - LIS Technologies Inc. Christo Liebenberg (right) and Lou Qualls sign an agreement for Enveniam to be the Lead Project Integrator for the LIST commercial laser-based uranium enrichment facility project. LIST is the only USA-origin and patented laser uranium enrichment company.
“We are very excited about this important partnership. Our technology is poised to dramatically improve enrichment efficiency and add significantly to the domestic supply of uranium for the growing reactor market,” said Christo Liebenberg, Co-Founder President & Chief Technical Advisor of LIS Technologies Inc. “We look forward to many years of working with Enveniam to help make our dream a reality.”
“Our engineering and technical teams have grown rapidly, with some members being leaders in laser-based technologies globally and subject matter experts in regulatory licensing, facility and IP securities, UF6 systems and isotopes,” said Jay Yu, Executive Chairman and CEO of LIS Technologies Inc. “We are excited about bringing to life the only U.S.-origin and patented technology for laser uranium enrichment. This innovation aims to unleash American Energy by providing the enrichment capabilities needed in our country.”
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 Dec 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.
Attachment
Figure 1
LIS Technologies Inc. Christo Liebenberg (right) and Lou Qualls sign an agreement for Enveniam to be the Lead Project Integrator for the LIST commercial laser-based uranium enrichment facility project. LIST is the only USA-origin and patented laser uranium enrichment company.
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