ASP Isotopes Inc. announced on February 23, 2026 that its wholly-owned subsidiary Quantum Leap Energy LLC executed a Pre-Implementation Services Contract Agreement with South African Nuclear Energy Corporation Necsa on February 20, 2026. The agreement covers siting, design, construction, commissioning and operation of a High Assay Low Enriched Uranium enrichment facility at Necsa's Pelindaba site. The collaboration combines QLE's in-licensed and proprietary enrichment technology with Necsa's nuclear infrastructure and expertise. A Joint Coordination Committee with representatives from both organizations was established to oversee implementation. QLE's objective is to achieve market readiness for HALEU production to address nuclear fuel supply needs for next-generation fission reactors. The agreement builds on a previously announced memorandum of understanding between the parties and is subject to regulatory approvals from South Africa's National Nuclear Regulator.
Read full analysisASP Isotopes Inc. announced on February 23, 2026 that its wholly-owned subsidiary Quantum Leap Energy LLC executed a Pre-Implementation Services Contract Agreement with South African Nuclear Energy Corporation Necsa on February 20, 2026. The agreement covers siting, design, construction, commissioning and operation of a High Assay Low Enriched Uranium enrichment facility at Necsa's Pelindaba site. The collaboration combines QLE's in-licensed and proprietary enrichment technology with Necsa's nuclear infrastructure and expertise. A Joint Coordination Committee with representatives from both organizations was established to oversee implementation. QLE's objective is to achieve market readiness for HALEU production to address nuclear fuel supply needs for next-generation fission reactors. The agreement builds on a previously announced memorandum of understanding between the parties and is subject to regulatory approvals from South Africa's National Nuclear Regulator.
ASP Isotopes is a development-stage company focused on laser-based isotope enrichment technology, with applications in nuclear energy, medical imaging, and quantum computing. Its subsidiary Quantum Leap Energy is building a HALEU nuclear fuel enrichment program, recently raising $60 million through an equity offering and signing a services contract with South Africa's Nuclear Energy Corporation to construct an enrichment facility at Necsa's Pelindaba site. The company reports quarterly earnings on February 25, a key date for investors seeking clarity on its financial trajectory.