Ontario Expansion Velan’s announced manufacturing expansion in Durham Region, Ontario to support SMR technologies creates a compelling sales entry point with provincial and federal programs; target opportunities include supplying reactor components, valves for modular or small-scale nuclear power projects, and related high-reliability valve assemblies for Canada’s growing nuclear and energy infrastructure.

Naval Defense Strategic MOU with Hanwha Ocean positions Velan to participate in Canada’s future submarine program, indicating potential long-term defense procurement opportunities for submarine valves, watertight isolation solutions, and high-reliability components in maritime applications.

Refinery Upgrades Upgrades to isolation valves for refineries and the updated delayed coker isolation valves highlight Velan as a supplier for critical refinery projects, providing high-pressure, high-temperature, and corrosion-resistant valves that meet stringent energy industry standards.

Emissions Focus Participation in the Fugitive Emissions Summit Americas signals demand for leak-tight, low-emission valve designs, packings, and seals, offering cross-sell opportunities to refineries, chemical plants, and power facilities aiming to reduce fugitive emissions.

Cross Sector Growth Velan serves multiple heavy industries including power, chemical, petrochemical, oil and gas, pulp and paper, mining, cryogenic, and shipbuilding, creating cross-selling opportunities and aftermarket services across a global installed base of valves and service capabilities.