X-energy

We’re proud to announce that we have closed an oversubscribed Series D financing round of approximately $700 million. This funding will enable us to accelerate the expansion of our supply chain and commercial pipeline, supporting our vision to deliver safe, reliable power with the Xe-100 alongside partners like Dow, Centrica, Amazon and Energy Northwest. Thank you to our investors for your confidence in X-energy's role in shaping the future of energy. Read the full release: https://lnkd.in/g42Z9pAS

We were honored to host NRC Chairman, David Wright, for a site visit to see vertical construction begin at TX-1, a pivotal step toward the first-in-the-nation fuel fabrication facility. Seeing TX-1 rise from plans to reality, with the U.S. Nuclear Regulatory Commission engaged alongside us, validates our commitment to advancing nuclear safely and on schedule. Read more: https://lnkd.in/eveyqFYN

Today, we are proud to announce a historic milestone for the advanced nuclear industry, and the future of U.S. energy independence. A batch of our TRISO-X fuel pebbles has officially begun qualification testing at the Idaho National Laboratory’s Advanced Test Reactor, the largest and most advanced research reactor in the world and one of the world's leading proving grounds for nuclear fuels. TRISO-X is the first commercially fabricated SMR fuel to undergo testing of this rigor, a 13-month campaign that will evaluate performance across virtually every operating and accident scenario imaginable. Performance data from these tests will fulfill key NRC requirements to qualify our fuel for use in the Xe-100, a critical step in the regulatory process for all advanced reactor designs seeking commercial deployment. From Oak Ridge to Idaho, the future of American energy is taking shape, one day at a time. There is still much work ahead, but this marks another important step forward in delivering on the promise of advanced nuclear: safe, scalable, and built to power what comes next. Read the full announcement: https://lnkd.in/g5R7VN4N

X-energy has reached a $40 Million Definitive Supply Agreement with TOYO TANSO Co., Ltd for the manufacture of graphite components to support the first commercial deployment of our Xe-100 HTGR. Using their world-renowned IG-110 fine-grain isotropic graphite, Toyo Tanso will manufacture core structural components for the four units planned in partnership with Dow through ARDP on the Texas Gulf Coast. The agreement secures an essential and highly specialized piece of the SMR supply chain for our first project, and a strong partnership with one of the world’s leading nuclear suppliers. As we work to bring the world-class technology of the Xe-100 to market, we are proud to welcome another world-class partner to our efforts. Read the full release: https://lnkd.in/gniByF5H

Stay up-to-date on the latest news and trends in the advanced nuclear industry. Follow our page for announcements, job postings, and more.

Stay up-to-date on the latest news and trends in the advanced nuclear industry. Follow our page for announcements, job postings, and more.