How ASP Isotopes is Revolutionizing the Global Isotope Supply Chain
Summary
TLDRIn this interview, Paul Mann, CEO of ASP Isotopes, discusses the company's significant milestones, including the establishment of two isotope enrichment facilities in South Africa. ASP Isotopes aims to address global supply chain issues, particularly as 85% of isotopes are produced by Russia and 15% by Europe, with no domestic US production. The company has signed contracts to supply isotopes for various industries, including quantum computing, advanced semiconductors, artificial intelligence, and nuclear medicine. With a strong financial position, ASP Isotopes is poised to accelerate growth, focusing on projects like the production of Uranium-176 for cancer treatment and the development of a Quantum enrichment facility. The company has also signed major agreements, including contracts with SMR companies and a US semiconductor company, positioning ASP Isotopes as a potential leader in the isotope supply market.
Takeaways
- 🌟 ASP Isotopes is a company incorporated in the United States with operations in South Africa, focusing on isotope enrichment.
- 🏗️ The company has built two isotope enrichment facilities in South Africa, expected to start producing free cash flow in the middle of the year.
- 🤝 ASP Isotopes has signed multiple contracts with customers, aiming to address global supply chain issues in isotopes, which are predominantly produced by Russia and Europe.
- 🔬 Isotopes are critical for various industries, including quantum computing, advanced semiconductors, and artificial intelligence, where highly enriched silicon-28 is essential.
- 📈 ASP Isotopes has a strong financial position with a robust cash balance and successful capital raises, enabling the acceleration of projects.
- 💼 The company has signed contracts to supply silicon-28 to a US semiconductor company, which is crucial for developing faster and cooler semiconductors.
- 💡 ASP Isotopes is constructing its first quantum enrichment facility, which will use a laser technique to produce isotopes like uranium-176 for cancer treatment.
- 🔋 The company has signed agreements with SMR companies for the supply of halo, a high-specific-activity enriched uranium, which could be worth over $30 billion.
- 💼 ASP Isotopes is working towards becoming a leader in the production of next-generation nuclear reactors' fuel, such as halo and high assay low enriched uranium.
- 🌐 The company is engaging with well-capitalized companies and governments to secure funding and permissions for building enrichment plants.
- 📈 Investors are showing interest in ASP Isotopes due to its potential to generate significant returns on capital and the upcoming production of new isotopes.
Q & A
What is ASP Isotopes and where are their main operations located?
-ASP Isotopes is a company incorporated in the United States with most of its operations in South Africa. They have built two isotope enrichment facilities and are set to produce free cash flow around the middle of the year.
What are the global supply chain issues that ASP Isotopes aims to solve?
-ASP Isotopes is looking to address the supply chain issues in isotopes, which are among the most challenged supply chains globally. Currently, 85% of isotopes are produced by Russia, 15% by Europe, with no domestic production in the US, and ASP Isotopes aims to become the first US enricher of isotopes.
How does ASP Isotopes plan to stabilize or enhance the isotope supply chain?
-ASP Isotopes plans to stabilize the isotope supply chain by producing both heavy and light isotopes, which are critical for industries such as quantum computing, advanced semiconductors, and artificial intelligence. They have also signed contracts with customers and are in talks with others for similar products.
What is the significance of the recent financial achievements highlighted in ASP Isotopes' annual report?
-The recent financial achievements of ASP Isotopes, including a strong cash balance and successful capital raises, position the company to accelerate growth in the current fiscal year. They have attracted investors who are eager to invest in the company, which is unusual and indicates strong investor confidence.
What is the role of Thulium-176 in ASP Isotopes' growth strategy?
-Thulium-176 is an isotope used for the treatment of cancer, specifically prostate cancer. ASP Isotopes aims to accelerate the production of Thulium-176 to reduce the waiting time for patients and potentially save lives, with a goal to have it available by 2025 or possibly later this year.
Can you provide details on ASP Isotopes' first Quantum enrichment facility?
-ASP Isotopes is constructing its first Quantum enrichment facility, which will use a laser technique developed in South Africa during the 80s and 90s. The facility will be used to produce Thulium-176 and is expected to bring significant financial rewards, as well as pave the way for other laser projects.
What are the major agreements that ASP Isotopes has signed recently?
-In the second half of the previous year, ASP Isotopes signed two Memorandums of Understanding (MOU) with large SMR companies in the US for metric ton quantities of HALO, high assay low enriched uranium, potentially worth over $30 billion. They also signed a contract to supply Silicon-28 to a US Semiconductor Company.
Why is Silicon-28 important for the semiconductor industry?
-Silicon-28 is crucial for making faster semiconductors. By removing the isotope Silicon-29, the heat conductivity increases significantly, and the transfer of information increases by thousands of folds, resulting in faster and cooler semiconductors.
What steps is ASP Isotopes taking to become a leader in the production of HALO for next-generation nuclear reactors?
-ASP Isotopes is engaging with well-capitalized companies in the US to help finance the production of HALO. They have also started a research program funded by a US SMR company for plant designs and are in discussions with governments for the necessary permits to build enrichment plants.
What is the essential value proposition of ASP Isotopes for investors?
-ASP Isotopes offers a unique value proposition as a new supplier of isotopes that are not available from any other producer. Their technology allows for significant returns on capital investment, and with the imminent production of new isotopes and generation of free cash flow, they expect a significantly higher share price, making it an exciting investment opportunity.
Outlines
🚀 ASP Isotopes' Growth and Global Supply Chain Impact
Paul Mann, CEO of ASP Isotopes, discusses the company's significant milestones, including the establishment of two isotope enrichment facilities in South Africa. These facilities are set to produce free cash flow imminently and have already secured contracts to address global supply chain challenges in isotopes, a market currently dominated by Russia and Europe with no domestic US production. ASP Isotopes aims to be the first US enricher of isotopes, supplying these critical chemicals to various industries, including quantum computing, advanced semiconductors, artificial intelligence, and nuclear medicine. The company's financial achievements, highlighted by a robust cash balance and successful capital raises, position it to accelerate growth in the current fiscal year.
💼 ASP Isotopes' Strategic Initiatives and Contract Signings
ASP Isotopes is undertaking several strategic initiatives to stabilize and enhance the isotope supply chain, especially in light of geopolitical tensions. The company is focusing on producing isotopes for quantum computing, advanced semiconductors, and artificial intelligence, including highly enriched silicon-28, which is crucial for faster semiconductors. They have signed contracts to supply silicon-28 to a US semiconductor company and are in talks with others for similar products. Additionally, ASP Isotopes is addressing the need for new isotopes in nuclear medicine, with markets approaching them for supply. The company is also constructing its first quantum enrichment facility, which will use a laser technique to produce isotopes like uranium-176, which is vital for cancer treatment. ASP Isotopes has signed major agreements, including two with large SMR companies in the US, requiring significant quantities of HALO, high assay low enriched uranium, with potential values exceeding $30 billion.
Mindmap
Keywords
💡Isotopes
💡Supply Chain
💡Enrichment Facilities
💡Free Cash Flow
💡Quantum Computing
💡Semiconductors
💡Nuclear Medicine
💡Uranium-176
💡Quantum Enrichment
💡Halo (High Assay Low Enriched Uranium)
💡SMR Companies
Highlights
ASP Isotopes, incorporated in the United States with operations in South Africa, is set to start producing free cash flow mid-year with two new isotope enrichment facilities.
The company has signed contracts to address global supply chain issues in isotopes, which are predominantly produced by Russia and Europe with no domestic US production.
ASP Isotopes plans to stabilize the isotope supply chain by producing both light and heavy isotopes, including silicon-28 for advanced semiconductors and quantum computing.
A recent contract with a US semiconductor company will see ASP Isotopes supplying highly enriched silicon-28, crucial for faster and cooler semiconductors.
ASP Isotopes is addressing the lack of Western or domestic producers for isotopes needed in nuclear medicine.
The company reported strong financial achievements, including a robust cash balance and successful capital raises, positioning it to accelerate growth.
ASP Isotopes aims to bring uronium-176 to market by 2025 to treat prostate cancer, potentially saving lives by reducing the drug's production time.
Construction of ASP Isotopes' first quantum enrichment facility has begun, using a laser technique developed in South Africa.
The financial rewards from quantum enrichment are expected to be substantial, with plans to expand to other laser projects in the future.
ASP Isotopes signed two major agreements with SMR companies in the US for metric ton quantities of HALO, high assay low enriched uranium, potentially worth over $30 billion.
The company is also in talks to supply silicon-28 for faster semiconductors, which can be used in data centers requiring significant heat management.
ASP Isotopes is taking steps to become a leader in HALO production, engaging with well-capitalized companies and governments for support.
Investment from a US SMR company has funded research for plant designs, marking a significant involvement in enrichment by a nuclear company.
ASP Isotopes is in discussions with governments for permits to build enrichment plants, aiming to establish its first plant in the near future.
The essential value proposition of ASP Isotopes lies in its ability to provide a new supply of critical isotopes, leveraging its technology for significant returns on capital investment.
With the imminent production of new isotopes and generation of free cash flow, ASP Isotopes is poised for a potentially significant increase in share price.
Transcripts
[Music]
hello today we have Paul man CEO of ASP
Isotopes trading on the NASDAQ under the
ticker
aspi Paul welcome back thanks for having
me Craig great to be back great to have
you as always Paul now could you start
by telling us about ASP Isotopes and the
significant Milestones the company has
achieved over the past year yeah thanks
yes so we're an Isotopes Company
Incorporated in the United States most
of our operations are in South Africa
and over the last two years we've built
two isotope enrichment facilities here
they'll start producing free cash flow
around the middle of this year so you
know any month now and we've signed a
lot of contracts of customers and uh
we're really looking forward to solving
some of the global supply chain issues
in Isotopes Isotopes are one of the most
challenged Supply chains of any chemical
in the world 85% are produced by Russia
near 15% by Europe and there's no
domestic production so we're excited to
become the first US en richer of
Isotopes and supplying us customers with
these very special chemicals you know
Paul it is remarkable for how many
Industries Isotopes are critical now how
does ASP Isotopes plan to stabilize or
even enhance the isotope supply chain
especially considering these current
geopol political tensions yeah as I said
earlier most isotopes are supplied by
Russia and you know Russia and and
Europe can only produce heavy Isotopes
we can have light Isotopes as well and
so you know take for example Quantum
Computing Advanced semiconductors and
artificial intelligence you know to make
the to make faster semiconductors the
world's going to need highly enriched
silicon 28 and that's exactly in our
wheelhouse that's the perfect isotope
for us to enrich and so you know last
month or so we've signed a a contract
with a a us uh Semiconductor Company
suppli them with highly enriched silene
and we're talking to three other
customers right now for similar other
products and uh you know things like
that you nuclear medicine the world look
for new new uh new Isotopes and nuclear
medicine there's no western or domestic
producer of many of these Isotopes and
we're here ready to help them so
actually you know rather than us having
to find a market for Isotopes the
markets actually come to us and ask us
can we Supply these isotopes
Paul with the recent Financial
achievements highlighted in your annual
report including a strong cash balance
and successful Capital raises how is ASP
Isotopes position to accelerate growth
in the current fiscal year thanks yes so
you know what's been interesting is that
you know we've had many investors come
to us asking to invest in our company
and and you know that's very unusual you
compared to most companies where you
have to go and look for investors and so
with the with the financial resources we
have available now we can accelerate
many projects you know one of those for
example is urbium 176 so urbium 176 is
isotope used for treatment of cancer
prostate cancer neatus has a drug uh the
plor it's called Uh that treats prostate
cancer and during the clinical trial 5%
of patients died because they couldn't
make the drug in time for them even
today I'm told patients are waiting two
months to get onto the drug and you know
two months may not seem like much but
when you're median survival is 12 months
two months is a long time so our goal is
to get utan 176 to to the world you know
as soon as possible maybe 2025 or maybe
later this year and and that'll you know
that'll really really really change the
lives for a number of patients and
that's one of the projects you've
accelerated because of the uh because of
the assistance of investors over the
last 12 months now Paul you recently
started constructing your first Quantum
enrichment facility What can you tell
our viewers about this initiative yeah
thank you yes so you know that's one of
the projects we accelerated because of
the recent financings and you know
Urbian 176 as I mentioned earlier is the
first product that will use quantum
enrichment which is a laser technique
developed by scientists during the 80s
and 90s here in South Africa so we've
accelerated that project by a couple of
years and and the the the financial
rewards of that program will be huge
it's also the first step of other laser
projects such as Hal or high say low
Rich uranium lithium 6 lithium 7 nickel
64 many many ice types the world is
desperate for and there's no Western
producer of and so Urban 176 is the
first of of many similar plants we
expect to build over the next several
years ASP Isotopes signing several major
agreements recently Paul talk to us
about the significance of these
contracts yeah so during the second half
of last year we signed two M us with two
large SMR companies in the US that
require metric ton quantities of Halo
highest AAR Rich uranium you they you
know the value of those could be could
exceed $30 billion dollar obviously
they're they're they they're kind of
Blue Sky numbers but more recent and
near-term events you know we've signed a
contract recently to supply silicon 28
to a US Semiconductor Company and this
silicon 28 is going to be required to
make faster semic conductors when you
remove the 29 isotope from Silicon you
know the heat conductivity increases by
by multiple folds and the conductivity
the transfer of information increases by
thousands of fold and that's how we get
faster semiconductors cooler
semiconductors and the world's facing a
real challenge right now to make uh
faster semiconductors and semiconductors
can be used in in data centers that
require huge amounts of Heating And so
there's a lot of excitement in silicon
28 for those purposes if your kids want
faster computer games and need silicon
28 you've been talking about Halo Paul
it's very important for those Next
Generation nuclear reactors projected
demand probably going to be great what
steps is ASP Isotopes taking to become a
leader in the space yeah so so Halo is
one of theps I'm more excited about
actually highs say low enrich uranium
that's a new form of nuclear fuel there
is no Western producer of Halo today um
you know the world world is in desperate
need of a new supplier of Halo and um
and hopefully we'll come and supply and
find find a solution to this to this
problem um so what are we doing to solve
the problem well first of all we're
talking to very well capitalized uh
companies in the US with large balance
sheets who want to use their balance
sheets to help us bring them halo so
rather than requiring free money from
governments or government grants we've
gone straight to the people that need it
who are better capitalized quite frankly
than governments so they're prepared to
put millions of dollars if not billions
of dollars into building plants secondly
we started the research program which
has been funded by one of the US SMR
companies to start doing the plant
designs for this project and by the way
I would add that's probably I can't
think of any other SMR company or
nuclear company that's ever invested in
a research project for enrichment before
most most nuclear companies try try and
avoid enrichment but here they are
getting involved because of the
desperation and the need to get there
finally we're talking to free
governments we need a government permit
to to build a plant or government
government permission to build a plant
enriching uranium plant building a
uranium plant is not like building a
plastic pellet plant takes a bit more
government processes to start of those
discussions with free governments and
hopefully during the next sort of
several months we will get clarity where
our first plant's going to go and I'm
really excited about bringing that news
to the market when we're able to bring
it now Paul tell us as economically as
you can what is the essential value
proposition and why should an investor
take an interest in ASP Isotopes right
now yeah so the world's an inflection
point where these new Isotopes aren't
available from any other producer and
the Isotopes that's been supplied have
come from Russia or rest of the world
and we're coming along as a new supplyer
of Isotopes our technology allows us to
to generate a significant return on
Capital in any plant we built and we're
right at the verge of starting to
produce new isps and generate free cash
flow for our shareholders and hopefully
that should result in a significally
higher share price that's a very
exciting story Paul thank you for
sharing it with us today thank you Craig
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