Enveniam announced it has signed an agreement with LIS Technologies Inc., a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, 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. A Bernhard Capital Partners portfolio company, Enveniam was founded in 2022 and combines the capabilities of Boston Government Services (BGS), Strategic Management Solutions Incorporated (SMSI), and Sterling Engineering and Consulting (SE&C) to advance solutions for critical energy missions.
“This is a great opportunity not only for Enveniam and LIST, but also for the nuclear industry and the nation,” said Doug Freund, President and 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.”
“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, President, Co-Founder & Chief Technical Advisor of LIST. “We look forward to many years of working with Enveniam to help make our dream a reality.”
In December 2024, the U.S. Department of Energy selected LIST as one of six domestic companies to participate in its Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.
“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 LIST. “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.”
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