May 18, 2017 / 7:48 PM / 2 months ago

BRIEF-Velan receives contracts worth $55 million to supply safety related valves

1 Min Read

May 18 (Reuters) - Velan Inc

* Velan receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at

* Transaction was recorded in group's order book in Q4 of last fiscal year, which ended on February 28, 2017

* Delivery of equipment is scheduled for 2019-2021

* Velan receives contracts worth $55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in U.K. Source text for Eikon: Further company coverage:

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