ASP Isotopes Hosts Investor Event in South Africa

By Bobby Samwell • Monday, December 02 10:21 • Permanent Link

ASP Isotopes Inc. has announced the hosting of an investor access event in South Africa from January 14-16, 2025. The event is open to all investors and will include scientific sessions, plant tours, and visits to various facilities. The company welcomed over 60 investors and corporate clients to its facilities in South Africa during 2024.

ASP Isotopes is in the process of commissioning three isotope enrichment facilities in South Africa. The first facility is scheduled to enrich carbon-14 for use in healthcare and agrochemicals, while the second facility is set to enrich silicon-28 for faster, more efficient semiconductors used in artificial intelligence and quantum computing. The third facility is dedicated to enriching ytterbium-176, a crucial raw material for the production of radio-oncology therapies.

The company's proprietary technology, the aerodynamic separation process ("ASP technology"), is focused on producing and commercializing highly enriched isotopes for the healthcare and technology industries. ASP Isotopes also plans to enrich isotopes for the nuclear energy sector using quantum enrichment technology.

The company's facilities in Pretoria, South Africa, are dedicated to the enrichment of isotopes of elements with a low atomic mass. There is a growing demand for isotopes such as silicon-28 for enabling quantum computing, molybdenum-100, molybdenum-98, zinc-68, ytterbium-176, and nickel-64 for new healthcare applications, and chlorine-37, lithium-6, lithium-7, and uranium-235 for green energy applications. The ASP technology is ideal for enriching both low and heavy atomic mass molecules.

As ASP Isotopes prepares to host the investor access event, stakeholders are encouraged to register and complete the necessary security clearances to visit the company's secure facilities. The event presents an opportunity for investors to witness the company's facilities firsthand and engage directly with the scientific and engineering teams. As a result of these announcements, the company's shares have moved -5.6% on the market, and are now trading at a price of $5.24. For more information, read the company's full 8-K submission here.

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