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Deep Isolation Nuclear Inc

deepisolation.com

What Do They Do?

Provides environmental and water-resources consulting to federal, state, municipal and private clients, and develops canisters and underground borehole systems for nuclear-waste disposal customers, including governments and nuclear-sector companies.

How Do They Make Money?

Freestone bills environmental and administrative support by hours worked, and consulting against project milestones. Deep Isolation receives grants and contracts for nuclear-waste technology and planning work, as well as consulting and licensing fees; consulting work follows project milestones.

revenue
SegmentShareRevenue
Deep Isolation US & EMEA
41%
Freestone
Usage-based

59%

Who Are Their Customers?

Freestone serves federal, state, municipal and private clients with environmental and water-resources consulting. Deep Isolation pursues government and nuclear-sector contracts for nuclear-waste feasibility, planning and research work.

Do Revenues Turn Into Profits?

No. It lost $5.3M in FY2025.

Operating income, FY2025
−94% of revenue
Net income, FY2025
−87% of revenue
Free cash flow, FY2025
−66% of revenue

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −19%
vs $1.6M in Q2 FY2025
Net income
▲ +123% (Loss)
vs −$1.4M in Q2 FY2025
Freestone share of revenue vs 54.7% in Q2 FY2025

From blank-check company to operating businesses The older report describes Aspen as a blank-check company seeking a business combination. The latest report describes nuclear-waste storage and borehole-disposal development alongside Freestone’s environmental and water-resources consulting business.

Revenue over time
Deep Isolation US & EMEA Freestone
$10M$5M$0

Who Do They Compete With?

Competes with NAC International

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