Unnamed Executive, Senior Executive, Centrus Energy: So let me...

Unnamed Executive, Senior Executive, Centrus Energy: So let me repeat the question. Your question is is what is the competitive landscape when it comes to HALO production in The United States. Yes. Yes. So as you know, part of the DOE’s award scope is for HALEU enrichment here in The United States.
From a competitive view, we really are the only facility that has a CAT II license, which allows you to enrich up to 19.75% to enrich HALO. LES has a facility in New Mexico. I’ve not checked lately what their license status is, I know that they’re not producing HALEU, and I don’t think they’re licensed to produce HALEU either. And so I would not venture to guess if they want to get into that business, what will it take for them to amend licenses or make modifications to their system, I do not know. I will only point to public statement that they have announced that they’re working on HALEU in The United Kingdom, not in The United States.

So, if anybody else wants to get into this game, so for example, think Orano had made some announcements, maybe not specific to HAYLOO, just generally they made announcements about, site selection. I will reference you back to the comment that I made about a greenfield licensing in general. That is something that takes years and tens of millions of dollars, and where we have a significant first mover advantage on. Other than those two competitors, I’m assuming there would be others in the competitive landscape.
So, you know, LaserEnrichment, GLE, I think, made recent announcements.
We typically don’t comment on competition, but you’re more than welcome to read the general announcements. Think that we are enriching, we are a facility that has equipment and license, I believe that we have a definite advantage. Just as a reminder as well that centrifuge technology is the only proven and viable technology to address the growing demand for enriched uranium at least in the short term and the midterm as as we see it and as as the market has been responding to. Yeah. I hope that was I hope that was a comprehensive answer to your question.

Speaker 7: Absolutely. Because one of the nuance I wanted to bring out is that you have the the only licensee of the centrifuge technology in The US, and I was wondering if any other Haylou producer might, require to license that technology from you, or, will they be using, some totally different technology? I do understand centrifuge is the best and the most available right now.

Unnamed Executive, Senior Executive, Centrus Energy: Yeah. Correct. I I would not venture to speculate on competition beyond some of the established competitors that I mentioned.
Speaker 7: Understood. Fair. Thanks a lot for taking my questions.