ASP Isotopes (ASPI) unit Quantum Leap Energy has signed a research agreement with the Texas A&M Engineering Experiment Station to support commercial production of uranium hexafluoride, a feedstock used for nuclear fuel enrichment, ASP said Tuesday.
The agreement will focus on collecting data on the reactions involved in producing uranium hexafluoride from yellowcake uranium, a process called uranium conversion, the company said.
Financial details were not provided.
ASP Isotopes shares were up 6% in early trading.
Price: $4.13, Change: $+0.24, Percent Change: +6.04%
