Velan TSE: VLN reported lower second-quarter sales, bookings and adjusted EBITDA as shipment delays, softer recent order activity and transaction-related costs weighed on results, while management said demand in its core nuclear, defense and energy markets remains supportive over the longer term.For the quarter ended Aug. 31, 2026, sales totaled $57.5 million, down 14.9% from $67.6 million a year earlier. Bookings declined to $47.9 million from $65.2 million, while backlog stood at $262.5 million, compared ...