other_material
confidence high
sentiment neutral
materiality 0.65
ASPI and Quantum Leap Energy sign MOU with Fermi America for HALEU facility in Texas
ASP Isotopes Inc.
- MOU with Fermi America (co-founded by Rick Perry) for JV to build HALEU enrichment facility at planned 11GW HyperGrid Campus near Amarillo, TX.
- ASPI plans separate 100%-owned stable isotopes facility at the campus for materials like Silicon-28 and Germanium-70 for quantum computing and nuclear medicine.
- Site adjacent to Pantex plant, pre-qualified for nuclear deployment, leased from Texas Tech University System.
- QLE expects spin-out as public company in 4Q25; has HALEU supply agreements with TerraPower for up to 150 metric tons through 2037.
- Fermi America has submitted COL application for four Westinghouse AP1000 reactors; first reactor expected operational by 2032.
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