The Texas A&M Engineering Experiment Station (TEES) has signed a research agreement with Quantum Leap Energy (QLE) “to advance and de-risk the commercial production of high-purity uranium hexafluoride (UF₆).”

QLE is an Austin, Texas–based subsidiary of ASP Isotopes (ASPI), which is developing an isotope enrichment platform for applications in nuclear energy, nuclear medicine, and semiconductors. QLE specializes in the uranium conversion step of the nuclear fuel cycle—the conversion of yellowcake uranium concentrate (U₃O₈) into UF₆ prior to enrichment.

Officially launched at CERAWeek 2026, held last week in Houston, Texas, FluxPoint Energy has unveiled plans to develop what it expects to be the first new U.S. uranium conversion facility in more than 70 years, a move aimed at strengthening America’s nuclear fuel supply chain.

The Houston- and McLean, Va.–based company plans to convert uranium oxide into uranium hexafluoride (UF₆), a critical intermediate step in producing fuel for the nation’s existing nuclear reactors as well as next-generation technologies under development.