Fermi America, developer of the planned HyperGrid campus near Amarillo, Texas, has signed a memorandum of understanding (MOU) with ASP Isotopes and Quantum Leap Energy for two new production facilities at its site. The HyperGrid campus, leased from Texas Tech University, is planned as an 11 gigawatt hybrid energy and data infrastructure campus, which Fermi America claims will be the world’s largest of its kind. The campus targets hyperscale data center operators and other energy-intensive sectors.
Separately, ASP Isotopes has agreed to seek a lease at the HyperGrid campus for construction of a 100 percent ASP-owned facility focused on commercial production of stable isotopes and advanced materials (excluding advanced nuclear fuels). These include radiopharmaceuticals, electronic gases, and materials such as Silicon-28, Germanium-70, Ytterbium-176, Nickel-64, Xenon-129, Zinc-68, and Chlorine-37. The company notes that these isotopes are relevant for quantum computing, nuclear medicine, and industrial processes.
Fermi America reports that the HyperGrid campus is strategically positioned next to the Department of Energy’s Pantex Plant, providing proximity to federally controlled, environmentally characterized land pre-qualified for nuclear deployment by the Department of Energy and the Nuclear Regulatory Commission. Fermi America, co-founded by former US Energy Secretary and Texas Governor Rick Perry, has submitted its Combined Operating License Application for four Westinghouse AP1000 nuclear reactors at the site. The company targets beginning construction in 2027, with a goal for the first reactor to be operational by 2032.
Toby Neugebauer, Co-Founder of Fermi America, said, “Over the last three decades, our country has been asleep at the wheel, forcing reliance on foreign nations for critical technology materials such as next-generation semiconductors and nuclear energy. Fermi is determined to restore America as global leaders in the nuclear space, and our partnership with ASP Isotopes and Quantum Leap Energy is the natural next step.”
Paul Mann, Chairman and CEO of ASP Isotopes and Chairman of Quantum Leap Energy, said, “During the last three years, ASP Isotopes has constructed three isotope enrichment facilities in South Africa to produce isotopes to enable faster semiconductors and next-generation cancer therapies. As a U.S. company, our goal has always been to bring these technologies to the United States to ensure that the United States has a domestic supply of these materials and reduce its reliance on imports from other countries. We are excited to enter into this joint venture with Fermi America to accelerate this goal.”
Ryno Pretorius, CEO of Quantum Leap Energy, commented that “QLE is excited to enter the United States domestic production market as a provider of Nuclear Fuel Services to meet the rapidly growing demands of the Fermi America HyperGrid project, as well as existing and future partners in the United States. Our goal is to scale our technologies as quickly as possible to reduce the bottleneck on the nuclear fuel industry and unlock clean American nuclear energy that will provide consistent, base load power, not only for AI but millions of Americans. We believe Fermi America is another key strategic partner to help us develop and scale our nuclear fuel services and solutions in the United States with an initial base in Texas.”
The joint venture MOU was signed in Dallas, Texas on August 14, 2025. According to ASP Isotopes, potential customers have expressed interest in HALEU worth over $37 billion from now until 2037, reflecting projected large-scale demand for advanced nuclear fuel.
Source: ASP Isotopes
Source: Fermi America
