There's much more uranium enrichment demand than supply. This is...

There's much more uranium enrichment demand than supply. This is especially true now in the West, as governments and utilities seek to wean themselves from Russian enrichment which currently supplies about 40% of enrichment to US utilities. Silex is the major partner of the Global Laser Enrichment joint venture, located in the US. Laser enrichment is more efficient and versatile than its rival technology, centrifuge cascades. GLE has signed agreements with the top 3 US nuclear utilities to work together when the tech is commercialized. Cameco is currently the junior partner in the joint venture. Cameco is the biggest non-state-owned uranium miner in the world. They also do conversion, and with the acquisition of Westinghouse they also produce fuel and build reactors. So they're involved in every part of the fuel cycle. They have the option to increase their share in GLE from 49% to 75%, which will result in a large cash infusion to Silex, and more involvement (read: funding) to GLE by Cameco, as well as bundling contracts (uranium, conversion, enrichment, fuel production sold as a package). Silex will have a smaller piece of a much bigger pie. Silex will receive a royalty in perpetuity in addition to their then junior share.

On top of that, there's their zero spin silicon technology, which could potentially make a ton of money if silicon-based quantum computing is the winning model.