ASP Isotopes Inc. Enters Into Term Sheet With TerraPower, LLC for Construction of a HALEU Production Facility
ASP Isotopes Inc. (ASPI)
Company Research
Source: Business Wire
- Term sheet contemplates preparation of definitive documentation pursuant to which TerraPower would provide funding for the construction of a uranium enrichment facility and would purchase HALEU after the expected completion of the facility. WASHINGTON--(BUSINESS WIRE)--ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today announced that it has entered into a term sheet with TerraPower, a nuclear innovation company and advanced nuclear energy developer, related to the construction of a uranium enrichment facility capable of producing High Assay Low-Enriched Uranium (HALEU) and the future supply of HALEU to TerraPower, as a customer of Quantum Leap Energy LLC (QLE).The term sheet contemplates the preparation of definitive agreements pursuant to which TerraPower would provide funding for the construction of a HALEU pr
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ASPI
Sec Filings
- 11/7/24 - Form SC
- 11/4/24 - Form 8-K
- 11/4/24 - Form 424B5
- ASPI's page on the SEC website