ASP Isotopes enriches ytterbium-176 during commissioning phase of first quantum enrichment facility and expects to offer highly enriched ytterbium-176 for commercial sale in 2025
- The Company has accelerated the commissioning phase of its first Quantum Enrichment plant and produced the first semi-finished material of enriched Ytterbium-176.
- Commissioning phase was initially anticipated to take 3-6 months, but the Company produced enriched Ytterbium-176 during the first 6 weeks.
- The Company expects to be able to achieve a 99.75% enrichment for Ytterbium-176 and offer highly enriched Ytterbium-176 for commercial sale during 2025, with samples available during 1Q 2025. Contact details for prospective customers are provided below.
- The Company expects to proceed with the plans to construct Nickel-64 and Lithium-6/7 Quantum Enrichment plants with targeted production during 2025.
- The Company expects to continue its discussions with government authorities and regulators for the authorization to construct HALEU uranium enrichment facilities using Quantum Enrichment.