Shares of ASP Isotopes ASPI.O rise 10% to $5.59
Co's subsidiary, Quantum Leap Energy (QLE), signs Memorandum of Understanding (MOU) with a large publicly traded U.S. energy company that operates nuclear power stations
Under the MOU, the energy co will explore ways to support QLE's plans to build U.S.-based advanced nuclear fuel cycle facilities, as well as provide uranium conversion and deconversion services
“We believe interest from a major U.S. energy producer underscores the importance of reliable domestic sources of nuclear fuel,” says Ryno Pretorius, Chief Executive Officer of QLE
The MOU outlines potential terms for providing financial support pursuant to definitive agreements for the supply of enriched uranium
Including session's moves, ASPI up 4.5% YTD