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LIS Technologies acquires Duct Island for $8M

PRIVATEJan 16, 2026•6 months ago

Acquiring Company

LIS Technologies

Acquired Company

BigBear.ai

New York

McleanInformation TechnologySoftwareArtificial IntelligenceFinanceCyber SecurityFintechAnalyticsMachine Learning

Description

LIS Technologies Inc. has officially acquired Duct Island for $8 million, rebranding it as 'LIST Island'. The company plans to invest $1.38 billion to establish the world's first U.S.-origin commercial laser uranium enrichment facility there. This acquisition aims to support the U.S. energy supply chain and enhance the domestic nuclear fuel market.

Company Information

Company

LIS Technologies

Location

New York, New York, United States

About

LIS Technologies Inc. (LIST) is a USA based, patented, proprietary developer of advanced laser technologies, using specific laser wavelengths to selectively excite the molecules of specific isotopes to separate them from other isotopes. Laser Isotope Separation Technologies (L.I.S.T) have a huge range of applications, including uranium enrichment, with major advantages over traditional enrichment methods such as gas diffusion, gas centrifugation 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 High-Assay Low-Enriched Uranium (HALEU) for the next generation of Small Modular Reactors (SMRs) and civil nuclear fuel, as well as the production of stable isotopes for medical and scientific research. 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. For more information please visit: LaserIsTech.com

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