ASP Isotopes enters into purchase agreement with leading semiconductor company

ASP Isotopes announced that it has entered into a purchase agreement with an industry leader in the design and manufacturing of semiconductors. Under the terms of the agreement, ASP Isotopes expects to supply highly enriched silicon-28 to the customer for use in next-generation semiconductors. The product is expected to be supplied from the Company’s South African production facility and shipped to the customer in the USA during 2024. “To create faster, smaller next-generation semiconductors, the world is likely going to require materials that are currently not available in commercial quantities,” said Paul Mann, ASP Isotopes’ Chairman and Chief Executive Officer. “ASP Isotopes is currently working on many isotopically pure elements that we believe will help semiconductor companies create the chips that the world will require in the future to enable technologies such as Quantum Computing and Artificial Intelligence.”