DBHLOTCRefuse SystemsUS GAAP · USD

Deep Isolation Nuclear, Inc.

Deep Isolation Nuclear, Inc. is a U.S.-based nuclear waste technology company developing systems for the temporary storage, transportation, and permanent disposal of high-level radioactive waste and spent nuclear fuel. Its core solution combines corrosion-resistant canisters with directional drilling to place waste in deep underground boreholes, complemented by environmental and water-resources consulting through its Freestone subsidiary.

Liikevaihto6,1milj. USD
−13,0 %v/v
Liikevoitto (EBIT)−5,8milj. USD
−13 162,8 %v/v
EBIT-marginaali−94,0%
−93,4 %-yks.v/v
Nettotulos−5,3milj. USD
−12 165,3 %v/v
Vapaa kassavirta−4,0milj. USD
−9 177,1 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2022–2025

−10−50510milj. USD2022: EBIT −0,05 milj. USD20222023: EBIT −0,04 milj. USD20232024: 7,1 milj. USD2024: EBIT −0,04 milj. USD20242025: 6,1 milj. USD2025: EBIT −5,8 milj. USD20256,1−5,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Deep Borehole Disposal35 %

Directional drilling and engineered boreholes for permanent disposal of high-level waste.

Canister Systems20 %

Patent-protected canisters for nuclear waste storage, transport, emplacement, and retrieval.

Environmental Consulting25 %

Environmental remediation and water-resources services delivered through Freestone.

Government Grants and Technology Development20 %

Grant-funded research, technical demonstrations, licensing, and nuclear technology development.

Asiakkaat

Deep Isolation sells or develops solutions for government agencies, nuclear utilities, reactor developers, engineering partners, and other organizations responsible for nuclear waste management. Customers and partners engage the company for waste-storage planning, technical appraisal, disposal-system development, environmental services, and validation of its canister and borehole technologies. The company also pursues U.S. and foreign government grants, contracts, and awards, while its Freestone subsidiary serves federal, state, municipal, and private environmental clients.

Government Agencies

Fund research, demonstrations, and feasibility work for nuclear waste disposal technologies.

Nuclear Utilities

Potential buyers of storage, transportation, and permanent disposal systems for spent fuel.

Advanced Reactor Developers

Seek integrated canister and waste-management solutions for microreactors and other new designs.

Engineering and Industrial Partners

Collaborate on drilling, canister deployment, technical testing, and commercialization.

Environmental Services Clients

Federal, state, municipal, and private clients purchase Freestone remediation and water consulting.

Strategia

Deep Isolation is moving its deep borehole disposal platform from technical validation toward commercialization through full-scale demonstrations, government funding, and industry partnerships. The Universal Canister System is being developed for integrated storage and transportation, including potential use with advanced reactors, while regulatory certification remains an important commercialization step. Freestone provides a complementary consulting business that generates operating cash flows alongside the nuclear technology platform.

Validate deep borehole deployment at commercial scaleLyhyt aikaväli

A full-scale demonstration is needed to establish technical feasibility and customer confidence.

Secure government-backed commercialization fundingLyhyt aikaväli

Grant support helps finance research and reduces dependence on private capital before customer implementation contracts.

Obtain regulatory and industry acceptanceKeskipitkä aikaväli

NRC certification and customer approvals are prerequisites for deploying nuclear waste systems.

Expand integrated nuclear waste management offeringsKeskipitkä aikaväli

Combining canisters, transportation, storage, and disposal could create a broader customer proposition.

Maantiede

Q2/2026

Deep Isolation is headquartered in the United States and conducts its technology development and demonstration activities primarily in the U.S. Its full-scale, non-radioactive deep-borehole demonstration is located near Cameron, Texas, with Halliburton providing drilling-related services and site access. The company also pursues contracts and grants from foreign governments and nongovernmental organizations, while Freestone serves U.S. federal, state, municipal, and private clients.

USA100 %

Riskit

The company remains dependent on technical validation, regulatory approvals, government funding, and conversion of appraisal or planning work into binding implementation agreements. Nuclear waste projects also face long sales cycles, public and political opposition, site-specific geological constraints, and liability concerns. As an early-stage OTCQB issuer, limited trading liquidity and capital-market volatility can further constrain funding and strategic flexibility.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Nuclear-sector reputation risk3OTCQB liquidity and volatility risk6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Commercialization and customer adoption riskVaikutus: Kriittinen

    The company has appraisal and planning contracts but no binding agreement to store or permanently dispose of waste.

    Kohdistuu: Future revenue depends on converting development work into implementation contracts.

  2. Regulatory approval riskVaikutus: Kriittinen

    Nuclear waste systems and advanced-reactor applications require regulatory certification and acceptance.

    Kohdistuu: Delays or denial could prevent deployment of the Universal Canister System.

  3. Nuclear-sector reputation riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Nuclear incidents or shifts in public and political attitudes can affect investor and customer sentiment.

    Kohdistuu: Sector-wide concerns may reduce funding access even without company-specific problems.

  4. Technology validation riskVaikutus: Korkea

    Deep borehole disposal has to demonstrate drilling, emplacement, isolation, and monitoring performance.

    Kohdistuu: Failures in the full-scale demonstration could impair the commercialization strategy.

  5. Government funding riskVaikutus: Korkea

    Research and development is supported in part by grants, contracts, and awards from public bodies.

    Kohdistuu: Award delays, cancellations, or changing policy could reduce available development funding.

  6. OTCQB liquidity and volatility riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    OTCQB trading can be sporadic, with wide price fluctuations and difficulty reselling shares.

    Kohdistuu: Lower liquidity may raise the cost of capital and limit financing flexibility.

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Revenue from consulting, licensing, remediation, and technology grants is recognized as contractual performance obligations are satisfied.

Vaikutus: Milestone and deliverable timing can shift revenue between reporting periods.

Government grants and development contracts

Grant-related revenue depends on eligible activities, award conditions, and completion of required work.

Vaikutus: Changes in grant timing or qualification can affect revenue and cash-flow presentation.

Critical accounting estimates

U.S. GAAP reporting requires assumptions about uncertain matters affecting assets, liabilities, revenue, and expenses.

Vaikutus: Changes in estimates may materially affect reported financial condition and results.

Reverse acquisition and recapitalization

The merger is treated as a recapitalization and reverse acquisition, with Deep Isolation as the accounting acquirer.

Vaikutus: Pre-merger Deep Isolation results form the historical reporting base rather than Aspen's results.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026