ASP Isotopes Inc. Enters Into a Contract with U.S.-Based Small Modular Reactor (SMR) Company for Project Focused on Engineering Design and Planning for Enrichment Facility for the Producti...
ASP Isotopes Inc. (ASPI)
Company Research
Source: Yahoo! Finance
WASHINGTON, April 08, 2024 (GLOBE NEWSWIRE) -- 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 enriched isotopes for use in multiple industries, today announced that it has entered into a contract with a U.S.-based SMR (Small Modular Reactor) company, pursuant to which the Company will engage in certain activities related to preliminary engineering design and planning for an enrichment facility for the production of nuclear fuels that are expected to be used in next-generation nuclear reactors in exchange for payments by the SMR company of certain fees. Under the contract, the Company received an upfront payment and is eligible to receive additional payments based on the achievement of certain regulatory and key deliverable milestones, of up to an aggregate of $2.0 million. The advanced nuclear fuels required during the next fifty years are expected to di
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ASPI
News
- ASP Isotopes Inc. (NASDAQ: ASPI) had its price target raised by analysts at HC Wainwright from $5.25 to $5.50. They now have a "buy" rating on the stock.MarketBeat
- ASP Isotopes Issues Letter to Stockholders [Yahoo! Finance]Yahoo! Finance
- ASP Isotopes Issues Letter to StockholdersGlobeNewswire
- ASP Isotopes signs warrant inducement deal for $5.5M in gross proceeds [Seeking Alpha]Seeking Alpha
- ASP Isotopes Inc. Enters Into Warrant Inducement Transaction for Approximately $5.5 Million in Gross Proceeds [Yahoo! Finance]Yahoo! Finance
ASPI
Sec Filings
- 5/1/24 - Form 4
- 4/30/24 - Form 4
- 4/29/24 - Form 4
- ASPI's page on the SEC website