X-Energy, Inc. Class A Common StockGrant expands fuel fabrication capacity for X-energy's Xe-100 reactors, directly supporting demand for its reactor technology.

TRISO-X has been awarded an $11 million economic development grant from the State of Tennessee to support the continued development of its fuel fabrication campus in Oak Ridge. The funding comes from the state’s Nuclear Energy Supply Chain Investment Fund and will help advance a potential second commercial fuel facility, TX-2, and a dedicated research and development center, TX-L, alongside the TX-1 facility already under construction. Together, the three facilities are designed to establish one of the world’s largest commercial-scale nuclear fuel fabrication campuses, with capacity to produce enough TRISO-X fuel for approximately 55 of X-energy’s Xe-100 advanced small modular reactors, representing nearly 4.5 gigawatts of new advanced nuclear power capacity. TX-2 alone is expected to create more than 1,000 permanent jobs. The expansion builds on TRISO-X’s recent 40-year license from the U.S. Nuclear Regulatory Commission and nearly a decade of fuel development, positioning the United States to reclaim leadership in advanced nuclear fuel production.
X-Energy, Inc. Class A Common StockGrant expands fuel fabrication capacity for X-energy's Xe-100 reactors, directly supporting demand for its reactor technology.