DISA Technologies and IsoEnergy have signed a definitive agreement to establish DISA Uranium Corporation, a new American company dedicated to uranium recovery, production, and remediation on US soil. The announcement came on August 4, 2026, from Casper, Wyoming. The foundation is already in place: $105 million in financing commitments secured from a consortium of strategic investors.
The capital comes from a high-profile roster: BHP Ventures, Tembo Capital, Galvanize Climate Solutions, Valor Equity Partners, Evok Innovations, Halliburton Labs, and Veriten — a group spanning mining, energy, and technology. The funds will support recovery and remediation programs, conventional mine development, processing infrastructure, and long-term growth. At closing, expected in August 2026, the company is projected to reach a pro forma implied valuation of approximately $505 million.
The transaction rests on two distinct pillars. On one side, DISA Uranium holds the only Nuclear Regulatory Commission license in the United States authorizing the remediation and recovery of abandoned uranium mine waste across multiple sites simultaneously. On the other, it acquires from IsoEnergy a portfolio of permitted, previously producing conventional mines in Utah: the Tony M Mine, Daneros Mine, Rim Mine, Sage Plain Project, and Flatiron Project. IsoEnergy will transfer these assets in exchange for 1,677,350 ordinary shares in the new company.
Together, these two asset bases target a clear objective: building the first new American uranium recovery and processing facility in over forty years. The last major expansion of the US uranium industry dates to the 1970s and 1980s. Since then, domestic production capacity has steadily declined, deepening reliance on foreign supply. Demand for domestically sourced nuclear fuel has resurged alongside the push for low-carbon energy, and geopolitical pressure has made rebuilding a home-grown supply chain increasingly urgent.
Alongside the formation of DISA Uranium, DISA Technologies has spun off its mineral processing operations into an independent company, DISA Tech, focused on the broader commercialization of its proprietary HPSA processing technology across multiple mining sectors. The separation allows each entity to operate with its own capital structure, leadership, and strategic focus. Philip Williams, CEO of IsoEnergy, described the launch of DISA Uranium as “a significant step” toward building a diversified uranium platform with global reach.
If the August closing proceeds as planned, DISA Uranium will enter the market with a solid balance sheet, a conventional resource base ready for restart, and a remediation site pipeline that no other US operator currently matches. The real test will be execution speed: converting licenses, agreements, and capital into actual production will take years — but the starting position is the strongest the American uranium sector has seen in decades.
