US-based development stage nuclear fuels company Quantum Leap Energy (QLE) has entered into a non-binding memorandum of understanding (MOU) with a European nuclear technology company on advanced nuclear fuel supply.

Quantum Leap parent company ASP Isotopes said under the terms of the MOU, the parties will conduct a technical and economic assessment to determine the viability of a long-term collaboration for the supply of high assay low-enriched uranium (Haleu) with uranium-235 (U-235) content of greater than 10%.