Silex Systems Limited (ASX: SLX)

Silex Systems Limited is an Australian technology company that specializes in technology to enrich isotopes using lasers, known as SILEX. They are focused on deploying this proprietary technology across various markets, including nuclear power, quantum computing with enriched silicon, and other potential applications. The company operates through three main segments: Silex Systems in New South Wales, Australia, and Translucent and Silex USA, both of which are based in North Carolina, USA.

The SILEX laser enrichment technology is particularly geared towards uranium enrichment, a project that Silex Systems has been developing in partnership with Global Laser Enrichment LLC, a US-based company. Additionally, they are exploring other commercial uses for the SILEX technology, such as producing Zero-Spin Silicon for quantum computing. Silex Systems also has an interest in a type of semiconductor technology called cREO through its subsidiary Translucent Inc.

Financially, the company reported a revenue of 11.07 million AUD for the trailing twelve months. However, during the same period, they experienced a net loss of 18.78 million AUD. Silex Systems Limited was incorporated in 1987 and currently employs 38 people. Despite increasing their revenue over the past year, the company saw its net income fall significantly, reporting a larger loss compared to the previous period.

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