ASP Isotopes Inc. Common StockASP Isotopes plans commercial deliveries of isotopes and has contracted 15% of Phase 1 helium capacity, indicating product demand.

ASP Isotopes outlined plans to begin commercial deliveries of Silicon-28, Carbon-14 and Ytterbium-176 in the second half of 2026, though delays and engineering issues at its South African facilities remain a risk. The company expects Phase 1 helium production from its Virginia Gas Project to start by the end of September, with revenue anticipated in 2026, and has contracted about 15% of Phase 1 capacity. A much larger Phase 2 expansion is planned, backed by approximately $750 million in funding from the U.S. government and Standard Bank, targeting a roughly 12 to 13 times capacity increase and completion by 2031. ASP Isotopes is also expanding its radiopharmacy footprint through recent U.S. acquisitions and plans to add cyclotrons for PET-isotope production, aiming to vertically integrate stable-isotope enrichment with nuclear-medicine manufacturing. The company reported approximately $290 million on its balance sheet as of March 2026 and set a midterm target of EBITDA exceeding $300 million in 2031, excluding its nuclear business.
ASP Isotopes Inc. Common StockASP Isotopes plans commercial deliveries of isotopes and has contracted 15% of Phase 1 helium capacity, indicating product demand.