Sask. uranium giant ups stake in laser technology to fuel small reactors The world’s largest publicly traded uranium company is betting big on a new laser enrichment technology that it says will help power Canada’s shift to a more eco-friendly future. Saskatoon-based Cameco Corp. obtained a 49 per cent stake in Global Laser Enrichment LLC (GLE) in a joint acquisition with Australian technology company Silex Systems for General Electric Company subsidiary GE-Hitachi Nuclear Energy’s shares in the project. GLE was founded in 2008 as a joint venture between General Energy, Hitachi and Cameco to develop Silex’s technology that separates isotopes using lasers to produce enriched uranium.