ASP Isotopes at emerging growth conference: push to commercialize key materials

ASP Isotopes (ASPI) reported first-half 2026 revenue of $9.3M, up from $2.3M a year earlier, driven by specialist isotopes, new U.S. radiopharmacy operations, and helium and LNG activity tied to the Renergen acquisition, plus TerraPower collaboration revenue. Gross profit was $3.1M, but it posted a $60.7M loss from continuing operations and $40.0M operating cash outflow. Cash and short-term investments totaled $254.9M.

ASP Isotopes said Tetra4, a subsidiary of Renergen, signed a five-year take-or-pay LNG offtake for its Virginia Gas Project in South Africa. The deal covers about 10% of Phase 1 capacity, priced above $16 per GJ, and supports revenue certainty. Phase 1 targets ~2,500 GJ/day LNG and ~70 Mcf/day helium, with operations in Q3 2026; Phase 1 revenue could exceed $27M annually.

ASP Isotopes Inc. (ASPI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 aspi-ex99_1.htm EX-99.1 EX-99.1 EXHIBIT 99.1 ASP Isotopes Issues Letter to Shareholders DALLAS, August 4, 2026 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. (NASDAQ: ASPI) ("ASP Isotopes”, “ASPI” or the “Company”), an advanced materials company focused on developing technologie

ASP Isotopes (ASPI) said it restarted its Silicon-28 silicon enrichment facility in South Africa after nearly a year of optimization to meet customer expectations. The company reported the first 18 stages have operated for over three weeks at target enrichment levels and expects to fulfill U.S. supply agreements in Q3. ASPI shares rose more than 24% Tuesday.

ASP Isotopes said it expects commercial helium deliveries from its South African project to start in September, as semiconductor demand rises and supply disruptions in Qatar and Russia push chipmakers to diversify. CEO Paul Mann expects phase 1 to reach nameplate capacity in Q3. The company’s first commercial offtake is priced above $600 per thousand cubic feet, up from about $400 a year ago.

ASP Isotopes (NASDAQ: ASPI) said it entered private exchange agreements with holders of Quantum Leap Energy LLC’s QLE convertible promissory notes. Holders will exchange about $109.2 million of notes plus accrued interest for about 23.2 million ASPI shares, about 17.8% of ASPI’s shares. The deal cuts QLE notes by about 50% to $110.7 million, expected to close July 16, 2026.