Aspen-1 Acquisition completed the reverse merger with Deep Isolation in a $33m deal.

Aspen-1 Acquisition, a Special Purpose Acquisition Company (SPAC), completed the reverse merger with Deep Isolation, an innovative solution company that secure and dispose spent nuclear fuel, in a $33m deal. “This merger and private placement financing mark a pivotal moment for Deep Isolation as we work to revolutionize the nuclear waste disposal industry with our proprietary deep borehole technology,” Rod Baltzer, Deep Isolation CEO.