financetom
Business
financetom
/
Business
/
ASP Isotopes Unit Finalizes Purchase of One 30 Seven Assets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ASP Isotopes Unit Finalizes Purchase of One 30 Seven Assets
Oct 23, 2025 7:14 AM

09:49 AM EDT, 10/23/2025 (MT Newswires) -- ASP Isotopes ( ASPI ) said Thursday its Quantum Leap Energy unit paid $150,000 in cash and issued 266,113 shares to acquire substantially all the assets of Canadian company One 30 Seven.

The company said the acquisition gives Quantum Leap Energy ownership of intellectual property for a system to treat radioactive water and supports its plan to develop "Creber" technology, which refers to modular systems designed to process water-soluble nuclear waste such as Cesium-137 and Strontium-90.

Under the agreement, One 30 Seven may receive up to $17 million in additional milestone payments tied to the successful development of certain Creber units, ASP said.

Quantum Leap Energy also signed a consulting contract with B-Con Engineering, an affiliate of One 30 Seven, to help validate the Creber technology, the company said.

Quantum has also agreed to pay a 6% royalty on future product or licensing revenues for 15 years following the first commercial sale, according to ASP.

Shares of the company were up 6% in recent early trading.

Price: 9.47, Change: +0.56, Percent Change: +6.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Natural Gas Trading Lower Even as Forecasts See Cold Weather Coming for Most States
Natural Gas Trading Lower Even as Forecasts See Cold Weather Coming for Most States
Nov 25, 2025
09:26 AM EST, 11/25/2025 (MT Newswires) -- Natural gas traded sharply lower early on Tuesday even as long-term forecasts see cooler than seasonal temperatures coming for most states. Gas for December delivery was last seen down US$0.18 to US$4.37 per million British thermal units. The drop comes even as long-term forecasts from the National Weather Service see all states except...
Ondas Holdings to Buy Roboteam to Grow Defense Robotics
Ondas Holdings to Buy Roboteam to Grow Defense Robotics
Nov 25, 2025
09:22 AM EST, 11/25/2025 (MT Newswires) -- Ondas Holdings ( ONDS ) said Tuesday it agreed to acquire Roboteam, which makes tactical unmanned ground vehicles used by military and security customers. Roboteam's robots are deployed with armed forces in about 30 countries and are used for bomb disposal, surveillance and other hazardous missions, the company said. The deal is expected...
Encompass Health, Vanderbilt Health Plan 40-Bed Inpatient Rehab Hospital in Tennessee
Encompass Health, Vanderbilt Health Plan 40-Bed Inpatient Rehab Hospital in Tennessee
Nov 25, 2025
09:21 AM EST, 11/25/2025 (MT Newswires) -- Encompass Health ( EHC ) and Vanderbilt Health said Tuesday that they plan to build a 40-bed inpatient rehabilitation hospital in Lebanon, Tennessee. The hospital will provide rehabilitation care for patients recovering from conditions including strokes, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions, the companies said. The facility is expected...
Premier Acquired by Patient Square for $2.6 Billion
Premier Acquired by Patient Square for $2.6 Billion
Nov 25, 2025
09:21 AM EST, 11/25/2025 (MT Newswires) -- Premier (PINC) said Tuesday that healthcare investment firm Patient Square Capital has completed its acquisition of the company for $2.6 billion. Premier common stock ceased trading on Tuesday and will be delisted from Nasdaq, the company said. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved