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.
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