ASP Isotopes Inc. Enters Into Purchase Agreement With a Leading Semiconductor Company for the Supply of Highly Enriched Electronic Gases
WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- ASP Isotopes Inc. NASDAQ: ASPI ("ASP Isotopes” or the “Company”), an advanced materials company dedicated to the development of technology and processes for the production of isotopes for use in multiple industries, today 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.
- - Purchase agreement covers supply of highly enriched silicon-28, which is expected to be supplied in 2024.
- -ASP Isotopes Inc. is in discussions with multiple semiconductor manufacturers regarding the supply of highly enriched isotopically pure electronic gases for next-generation semiconductors, anticipated to enable technologies such as quantum computing and artificial intelligence.
- Under the terms of the agreement, ASP Isotopes expects to supply highly enriched silicon-28 to the customer for use in next-generation semiconductors.
- Highly enriched silicon-28 is spin-free where qubits are protected from sources of decoherence that causes loss of quantum information(1).