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Deep Isolation Nuclear gets Texas disposal pilot permit

The permit supports planned site and construction work ahead of subsequent drilling and subsurface testing.

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Form Type
8-K

Rhea-AI Filing Summary

Deep Isolation Nuclear, Inc. (DBHL) said the Texas Railroad Commission issued a drilling permit on October 1, 2026, for its full-scale, non-radioactive Commercialization Pilot near Cameron, Texas. The permit allows the project to advance from engineering and design toward construction and field activities.

The project team plans site and construction activities in preparation for subsequent drilling and subsurface testing. The pilot is designed as an end-to-end demonstration of deep borehole disposal technology using non-radioactive materials, with field data and operational experience intended to support future commercial deployment. Collaborators include the Deep Borehole Demonstration Center, Halliburton, Amentum, NAC International and Occlusion Nuclear Solutions.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Drilling permit issued October 1, 2026 Texas Railroad Commission permit for the Commercialization Pilot
Project duration Three years Universal Canister System project funded by the U.S. Department of Energy's Advanced Research Projects Agency–Energy
Patents issued Over 100 patents To date
deep borehole disposal technical
"Deep Isolation’s deep borehole disposal technology"
Commercialization Pilot technical
"full-scale, non-radioactive Commercialization Pilot"
Universal Canister System technical
"Deep Isolation’s Universal Canister System"
high-level radioactive waste technical
"spent fuel and high-level radioactive waste"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Texas drilling permit mean for DBHL's pilot?

The Texas Railroad Commission issued a drilling permit for Deep Isolation's full-scale, non-radioactive Commercialization Pilot near Cameron, Texas, allowing the project to advance from engineering and design toward construction and field activities.

What is Deep Isolation's Texas pilot designed to demonstrate?

The pilot is designed to demonstrate Deep Isolation's deep borehole disposal technology at full scale and at depth using non-radioactive materials. The company says it aims to demonstrate key operational activities and generate field data and experience intended to support future commercial deployment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001918080 0001918080 2026-10-01 2026-10-01 0001918080 dei:FormerAddressMember 2026-10-01 2026-10-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 1, 2026

 

 

 

DEEP ISOLATION NUCLEAR, INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware   000-56406   87-4225965
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

5717 Legacy Drive, Suite 250
Office 2079
Plano, TX
  75024
(Address of Principal Executive Offices)   (Zip Code)

 

(509)-943-5222

(Registrant’s telephone number, including area code)

 

2001 Addison Street, Suite 300

Berkeley, CA 94704

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On October 1, 2026, Deep Isolation Nuclear, Inc., a Delaware corporation (the “Company”), issued a press release (the “Press Release”) announcing that the Texas Railroad Commission has issued a drilling permit for the Company’s full-scale, non-radioactive Commercialization Pilot near Cameron, Texas, which will allow the project to advance from engineering and design toward construction and field activities at the demonstration site.

 

A copy of the Press Release being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “1934 Act”), nor shall it be deemed “incorporated by reference” into any filing under the Securities Act of 1933, as amended, or the 1934 Act, except as may be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit
Number
  Description
99.1   Press Release dated October 1, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  DEEP ISOLATION NUCLEAR, INC.
     
Date: October 2, 2026 By:  /s/ Rodney Baltzer
    Rodney Baltzer
President and Chief Executive Officer

 

2

 

Exhibit 99.1

 

Press Release, October 1, 2026

 

Deep Isolation Advances Nuclear Waste Disposal Demonstration with Issuance of Texas Drilling Permit

 

Regulatory Authorization Supports Deep Isolation’s Plans to Move Its Full-Scale, Non-Radioactive Commercialization Pilot Toward Construction and Field Activities

 

BERKELEY, CA – Deep Isolation Nuclear, Inc. (OTCQB: DBHL) (“Deep Isolation” or the “Company”), a leading innovator in nuclear waste disposal technology, today announced that the Texas Railroad Commission has issued a drilling permit for the Company’s full-scale, non-radioactive Commercialization Pilot near Cameron, Texas. The regulatory authorization allows the project to advance from engineering and design toward construction and field activities at the demonstration site.

 

“Receipt of this permit is a major milestone for Deep Isolation as we move the development of our deep borehole disposal technology into field activities,” said Jesse Sloane, Executive Vice President of Engineering at Deep Isolation. “The Commercialization Pilot is designed to demonstrate, at full scale and at depth, the integrated technologies and operations that underpin our deep borehole disposal solution. Reaching this point reflects a tremendous amount of rigorous, high-quality work by our team and our project collaborators. We are incredibly excited to move into the construction and field work phase together with these collaborators and bring years of engineering and planning into the field.”

 

“This milestone demonstrates the technical design, project preparation, and collaboration behind the Commercialization Pilot,” said Steve Haden, Senior Vice President, Project Management, at Halliburton. “As we drill a new well for this effort, Halliburton will apply its subsurface, drilling, and well construction experience to support the deployment of Deep Isolation’s technology in a new application and assist the project team.”

 

The Commercialization Pilot is designed as a full-scale, end-to-end demonstration of Deep Isolation’s deep borehole disposal technology using non-radioactive materials. The project aims to demonstrate key operational activities associated with the Company’s solution, providing field data and operational experience intended to support future commercial deployment.

 

The Texas project brings together Deep Isolation with the Deep Borehole Demonstration Center, Halliburton (NYSE: HAL), Amentum (NYSE: AMTM), NAC International (TYO: 7004), and Occlusion Nuclear Solutions. With the drilling permit issued, the project team plans to advance site and construction activities in preparation for subsequent drilling and subsurface testing.

 

The drilling permit represents another step toward demonstrating how proven drilling practices can be adapted for deep borehole disposal of spent nuclear fuel and high-level radioactive waste. By demonstrating its system at full scale without radioactive material, Deep Isolation aims to generate practical engineering and operational experience that can inform future commercial projects.

 

About Deep Isolation

 

Deep Isolation (OTCQB: DBHL) is the first company to undertake development of technologies for nuclear waste disposal in deep boreholes. When commercialized, Deep Isolation’s solution will offer a unique approach to help countries identify, plan for and complete the necessary steps to dispose of their nuclear waste inventories. With over 100 patents issued to date, Deep Isolation’s technology is being designed to leverage proven drilling practices to allow safe isolation of waste deep underground in horizontal, vertical, or slanted borehole repositories. Deep Isolation’s Universal Canister System was developed through a three-year project funded by the U.S. Department of Energy’s Advanced Research Projects Agency–Energy and is engineered to support integrated management of spent fuel and high-level radioactive waste from legacy and advanced reactors across storage, transportation, and eventual disposal. In January 2026, Deep Isolation launched a full-scale, at-depth deep borehole Commercialization Pilot for its solution at Cameron, Texas, in collaboration with the Deep Borehole Demonstration Center, Halliburton (NYSE: HAL), Amentum (NYSE: AMTM), NAC International (TYO: 7004), and Occlusion Nuclear Solutions.

 

For more information, visit: deepisolation.com. 

 

###

 

Media Contact:
Sophie McCallum
media@deepisolation.com

 

Investor Contact:
Caldwell Bailey
InvestorRelations@deepisolation.com

 

 

 

Forward-Looking Statements

 

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding our plans, objectives and expectations for our business, the future growth of our business and the nuclear energy and nuclear waste disposal industries as a whole, and future benefits expected to arise from our strategic partnerships. In certain cases, forward-looking statements can be identified by the use of words and phrases or variations of words and phrases or statements such as “may,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “will,” “could,” “project,” “target,” “potential,” “continue” and similar expressions. Forward-looking statements are based on management’s belief and assumptions, including current expectations and projections about future events and trends, and on information currently available to management.

 

Forward-looking statements in this or any other news release are subject to a number of risks, uncertainties, and assumptions that could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks, uncertainties, and assumptions are subject to a number of factors, including, among others: the failure of a market to develop for our deep borehole disposal solutions as quickly as we expect or at all; a failure of demand for our solution to develop sufficiently; regulatory and legal developments, including issues relating to obtaining regulatory approvals or permissions on the timelines we expect or at all; our lack of profitability; delays or failure in our initiative to complete a full-scale, at-depth demonstration of our Universal Canister System and our deep borehole solution; our failure to enter into contracts with customers or, once we do enter into contracts, to continue such contractual relationships or to receive new contract awards; our dependency on governmental contracts and awards and our ability to finalize negotiations on same; our failure to manage our growth effectively or to execute our business plan; our failure to sustain and expand relationships with governmental entities and strategic partners; a failure in the assumptions or analyses we have used in supporting forecasts or plans; our inability to commercialize our products at scale; the development or deployment of other technologies or solutions supplanting or competing with our technologies; challenges to our intellectual property; failures to protect, maintain, enforce, and enhance our intellectual property, and claims by others of intellectual property infringement; political and public perceptions of nuclear energy, including perceptions as to accidents or other high-profile events involving nuclear power facilities or radioactive materials; our liquidity and ability to raise capital; any inability to control operating and project costs and project delays or other project-related problems; security (including cybersecurity) breaches or disruptions; geopolitical, macroeconomic, domestic events or crises, including supply chain disruptions and other risks and uncertainties outside of our control; weather and effects of climate change; and litigation or legal proceedings that may be brought against us.

 

The foregoing is not an exhaustive list of all the factors that may cause any forward-looking statements to prove inaccurate or our actual results to differ materially from our expectations and forecasts. Moreover, we operate in a highly regulated environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the future events and trends discussed in this release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements, and we cannot guarantee future results, performance, or achievements. Accordingly, readers should not place undue reliance on forward-looking statements. We undertake no obligation to update any forward-looking statements for any reason after the date of this release or to conform these statements to actual results or revised expectations, except as required by law.

 

Additional information concerning the factors above and other factors will be found in the Company’s public filings with the Securities and Exchange Commission (the “SEC”), including the sections titled “Forward-Looking Statements” and “Risk Factors” in the Company’s Reports on Form 10-K and 10-Q for the fiscal year ended December 31, 2025 and the quarter ending March 31, 2026, respectively, as filed with the SEC on March 30, 2026, our Form S-1, originally filed August 18, 2025 and subsequently amended, our Proxy Statement for our 2026 Annual Meeting as filed on April 29, 2026, and in filings with the SEC that will be made in the future. The Company’s SEC filings are available free of charge at www.sec.gov or upon written request to Deep Isolation at InvestorRelations@deepisolation.com or CorpSec@deepisolation.com.

 

 

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