$ASPI - Asp Isotopes, multiple crossroads in National Security Supply Chains

ASP Isotopes operates across critical materials essential for quantum computing, semiconductors, nuclear energy, medical isotopes, LNG and helium supply.

Its technologies and assets address vulnerabilities in U.S. and allied supply chains for materials deemed strategic by the Department of Energy and other agencies.

ASP Isotopes is the only commercial supplier of Silicon-28 globally, with ultra-high purity (≥99.995%). This nuclear-spin-free material supports quantum computing and next-generation semiconductors, areas of strategic importance for AI infrastructure and advanced computing.

HALEU and nuclear fuel collaborations through Quantum Leap Energy, including Bill Gates TerraPower and Necsa.

Multiple Silicon-28 supply agreements with U.S. customers, including a semiconductor company and an industrial gas firm.

Multi-year C-14 tolling contract providing approximately $2.4–2.5 million in annual baseline revenue.

Yb-176 development for medical isotopes (Lu-177 pathway).

Additional MOUs covering isotope supply, helium/LNG, and nuclear initiatives.

ASP Isotopes is spinning out Quantum Leap Energy (QLE), its subsidiary focused on advanced nuclear fuels such as HALEU for next-generation reactors. The S-1 has been filed, with the spin-off expected in 2026. Shareholders are anticipated to receive pro-rata QLE shares, creating two focused public entities. This aligns with U.S. priorities for domestic nuclear fuel supply chains.

In January 2026, ASP Isotopes completed the acquisition of Renergen Limited. This integrates Renergen’s Virginia Gas Project in South Africa (helium and natural gas) with ASP’s isotope enrichment capabilities. The project features helium concentrations well above global averages and has received $40 million in prior U.S. DFC support, with access to a larger financing pipeline (up to \\\~$750 million) for expansion.

This strengthens supply of helium, a critical input for semiconductors, medical, and energy applications.

$ASPI maintains a diversified portfolio including Silicon-28 (quantum/semiconductors), Yb-176 (medical), and C-14 (contracted revenue), alongside the helium/LNG assets from Renergen.

The Trump brothers participated in a convertible note financing for QLE through vehicles linked to Dominari Holdings. Paul Mann, founder and CEO of ASP Isotopes, also serves as Executive Chairman of Skyline Builders (another Trump bros investment) (SKBL) involved in critical minerals (tungsten in Kazakh) initiatives.

I hold 7000 shares at $4.82 average.

Do your due dilligence. All information is based on publicly available sources, not financial advice.