| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
- Fermi America is a private U.S. developer of the planned HyperGrid campus near Amarillo, Texas, which is leased from Texas Tech University and is expected to be the world's largest hybrid energy and data infrastructure campus providing 11GW of power.
- Fermi America was co-founded by Rick Perry, the former U.S. Energy Secretary and former Texas Governor.
- MOU contemplates the formation of a joint venture between Quantum Leap Energy LLC ("QLE") and Fermi America for the development of a HALEU enrichment research and commercial production facility (the "TX JV HALEU Project").
- In addition, the MOU also contemplates a lease at the planned HyperGrid campus for ASP Isotopes Inc. ("ASPI") to construct a commercial production facility for stable isotopes and advanced materials (excluding advanced nuclear fuels) (the "ASPI TX Project"), such as radiopharmaceuticals, electronic gases, and other critical materials that will enable global megatrends of the future, such as quantum computing and nuclear medicine.
- Fermi America is expected to be responsible for obtaining all licenses, permits, governmental and regulatory approvals, and other required consents for the JV HALEU Project.
- The property leased by Fermi America from the Texas Tech University System for the HyperGrid Project lies adjacent to the DOE-operated Pantex Plant, offering unique proximity to a federally hardened and environmentally characterized site. The site is pre-qualified for nuclear deployment under DOE and NRC precedent studies and is governed by sovereign institutional control held by the Texas Tech University System, as lessor. It is contemplated in the MOU that both the TX JV HALEU Project and the ASPI TX Project will be constructed at, and will operate from, the HyperGrid Project in Amarillo, Texas.
ASP Isotopes Inc. NASDAQ: ASPI ("ASPI" or the "Company"), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today announced that the Company and its subsidiary, Quantum Leap Energy LLC ("QLE" or "Quantum Leap Energy"), an advanced materials company focused on the development of technology and processes for the production of advanced nuclear fuels, have entered into a Joint Venture Memorandum of Understanding (MOU) with Fermi LLC ("Fermi America"), regarding a joint venture pursuant to which the parties intend to collaborate on the research, development and ultimately the commercial production of advanced nuclear fuels on the planned HyperGrid Campus in Carson County, Texas.
Posted In: ASPI
