Name

Ubaryon

Legal name

Ubaryon Pty Ltd

Website

https://ubaryon.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Ubaryon Pty Ltd is an Australian pre-commercial company developing a proprietary uranium isotope separation (enrichment) technology at TRL-4, targeting the nuclear fuel cycle and power generation market, with related chlorine isotope separation and uranium recovery sorbent technologies.

Ownership category

akta.pro rank

Product category

Nuclear Fuel Cycle / Uranium Enrichment

akta.pro primary industry

Uranium Enrichment Services (Centrifuge/Laser, SWU Supply) (EUAKACAD)

akta.pro secondary industry

Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK)

Keywords

• Uranium enrichment technology
• Isotope separation services
• Nuclear fuel cycle
• Uranium recovery sorbents
• Nuclear technology development

Headquarters

HQ city

Lismore

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Infrastructure

Marketing channels3 records

Core offering

Ubaryon is developing a proprietary uranium isotope separation technology for uranium enrichment in the nuclear fuel cycle. The technology eliminates the use of Uranium Hexafluoride, offers lower capital and operating costs than conventional enrichment methods, and incorporates inherent non-proliferation characteristics. The company also develops complementary chlorine isotope separation technology and a sorbent powder for uranium recovery.

Product overview

Ubaryon Pty Ltd is developing a portfolio of proprietary isotope separation technologies for the nuclear fuel cycle. The core offering is a new uranium enrichment technology (Uranium Isotope Separation Technology) that has reached Technology Readiness Level 4 (TRL-4). The company is also developing complementary technologies including Chlorine Isotope Separation Technology and a Sorbent Powder for Uranium Recovery. These technologies are designed to offer lower capital and operating costs compared to conventional enrichment methods, with enhanced safety characteristics including elimination of Uranium Hexafluoride use and inherent non-proliferation design features.

Differentiator

Problem solved

Functional benefit

Products and services

• Uranium Isotope Separation Technology Proprietary uranium enrichment technology that separates uranium isotopes using a new method. Eliminates the use of Uranium Hexafluoride (UF6), offers lower capital and operating costs, provides cleaner and safer operation, and features inherent non-proliferation characteristics. Validated at Technology Readiness Level 4 (TRL-4) by independent technical review.
• Chlorine Isotope Separation Technology Technology for the separation of chlorine isotopes, developed as part of Ubaryon's broader isotope separation portfolio supporting the nuclear and chemical industries.
• Sorbent Powder for Uranium Recovery A specialized sorbent powder formulation developed for uranium recovery applications as a complementary technology within Ubaryon's nuclear fuel cycle portfolio.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Australian Nuclear Science and Technology Organisation (ANSTO)coreTechnology or IntegrationUbaryon relocated operations to Lucas Heights at ANSTO in May 2022. ANSTO provides oversight and significantly enhanced security for Ubaryon's sensitive technology development activities. Ubaryon is also a member of ANSTO's Nandin Incubator.
• Australian Safeguards and Non-proliferation Office (ASNO)coreOthersUbaryon maintains regulatory compliance with ASNO, providing routine reporting on technical progress since 2015. ASNO imposed Associated Technology (AT) classification on Ubaryon's technology in 2018, requiring enhanced security obligations.
• International Atomic Energy Agency (IAEA)coreOthersUbaryon has been formally inspected by the IAEA given the nature of its uranium enrichment technology, demonstrating international regulatory engagement and compliance.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tenex (Rosatom): Tenex is the international marketing arm of Rosatom, supplying enrichment, conversion, and fabricated fuel from Russia. It is comparable to Ubaryon as a major global uranium enrichment supplier, and represents the geopolitical supply diversification pressure facing the industry.
• BWX Technologies: BWX Technologies manufactures nuclear components and fuel including HALEU-based TRISO fuels for the US Department of Defense and commercial markets. It is comparable to Ubaryon as a Western nuclear fuel technology developer serving regulated government and utility customers.
• Cameco: Cameco is the world's largest publicly traded uranium producer and a major participant in the Western nuclear fuel cycle, including conversion services through Westinghouse. It is comparable to Ubaryon as a Western uranium fuel cycle participant with strategic and policy alignment.

Emerging players

• LIS Technologies: LIS Technologies is an emerging US-based company developing laser uranium enrichment technology. It is comparable to Ubaryon as an early-stage Western company pursuing a novel, non-centrifuge enrichment architecture with safety and proliferation-resistance design priorities.
• Lightbridge Corporation: Lightbridge is developing advanced metallic nuclear fuel technologies for existing and new reactors. It is comparable to Ubaryon as an emerging nuclear fuel cycle innovator with a focus on differentiated fuel technology for the Western market.

Direct peers

• Centrus Energy: Centrus Energy is a US-based supplier of nuclear fuel components and the only Western operator of HALEU enrichment capacity using centrifuge technology. It is directly comparable to Ubaryon as a Western uranium enrichment technology developer and operator.
• ConverDyn: ConverDyn provides uranium hexafluoride conversion services to global utilities, operating the only conversion facility in the United States. It is comparable to Ubaryon as a nuclear fuel cycle service provider whose operations are also sensitive to UF6-related regulatory and safety considerations.
• Orano: Orano (formerly Areva) is a French nuclear fuel cycle company operating the Georges Besse II gaseous diffusion enrichment plant. It competes directly with Ubaryon in providing uranium enrichment services to Western utilities and nuclear fuel cycle operators.
• Urenco: Urenco is one of the world's three major commercial uranium enrichment companies, operating centrifuge-based enrichment facilities in Europe and the US. It is also a direct investor in Ubaryon, making it the most comparable peer and signalling industry validation of Ubaryon's alternative enrichment approach.
• Global Laser Enrichment: Global Laser Enrichment (GLE) is developing laser-based uranium enrichment technology (SILEX) as an alternative to gas centrifuge methods. It competes with Ubaryon in the pursuit of next-generation uranium enrichment technologies with differentiated architectures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ubaryon