Articles from X-energy Reactor Company, LLC

X-energy Reactor Company, LLC (“X-energy” or the “Company”) has received key updates from the U.S. Nuclear Regulatory Commission (“NRC” and the “Commission”) regarding the construction permit application for the initial deployment of the Xe-100 advanced reactor. The proposed project is being developed by The Dow Chemical Company’s wholly-owned subsidiary, Long Mott Energy LLC (“LME”). Citing the completeness and quality of the application, and the effectiveness of pre-application engagements, the NRC published an 18-month review timeline for the Texas Gulf Coast project and will concurrently proceed with its environmental assessment.

X-Energy Reactor Company, LLC ("X-energy" or the "Company"), a leading developer of advanced nuclear reactors and fuel technology, announced today that it has received ISO 9001 certification for its quality management system (QMS). ISO 9001 is the globally recognized standard for quality management, providing guidelines that help ensure consistent high-quality service and product delivery across a variety of industries.

X-energy Reactor Company, LLC ("X-energy" or the "Company"), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointment of Jesse B. Walker as Vice President, Chief Supply Chain Officer. An accomplished executive with extensive experience in aerospace supply chain management and operations, Walker brings over two decades of proven leadership in strategic sourcing, production efficiency, and supplier relationship management to support X-energy's growth and commercialization efforts.

X-energy Reactor Company, LLC (“X-energy” or the “Company”), and its wholly owned subsidiary TRISO-X LLC (“TRISO-X”), today announced an allocation of High-Assay Low-Enriched Uranium (“HALEU”) from the U.S. Department of Energy (“DOE”) Office of Nuclear Energy’s HALEU Allocation Program.

X-energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointment of Dr. Oded Doron as Vice President, Engineering. A leader in advanced reactor development, Dr. Doron brings a combination of deep technical knowledge, reactor design expertise, and innovation to X-energy’s efforts to scale its technology in the marketplace.

X-Energy Reactor Company, LLC (“X-energy”), a leader in advanced nuclear reactor and fuel technology, today announced the closing of its upsized Series C-1 financing round of $700 million. Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by Amazon.com, Inc.’s (“Amazon”) Climate Pledge Fund, an affiliate of Citadel Founder and CEO Ken Griffin, affiliates of Ares Management Corporation, NGP, and the University of Michigan.

X-energy Reactor Company, LLC (“X-energy” or the “Company”), and its wholly-owned subsidiary, TRISO-X LLC (“TRISO-X”), today announced the selection of Geiger Brothers, Inc. to develop the site of its first-of-a-kind advanced nuclear fuel fabrication facility (“TX-1”) in Oak Ridge, Tennessee.

X-Energy Reactor Company, LLC (“X-energy”), a leader in advanced nuclear reactor and fuel technology, today announced a Series C-1 financing round of approximately $500 million, anchored by Amazon.com, Inc. (“Amazon”). The investment will help meet growing energy demands by funding the completion of X-energy's reactor design and licensing as well as the first phase of its TRISO-X fuel fabrication facility in Oak Ridge, Tennessee. Additionally, the funding will support future carbon-free projects that will use X-energy’s Xe-100 advanced small modular nuclear reactors (“SMRs”). Citadel Founder and CEO Ken Griffin, affiliates of Ares Management Corporation (“Ares”), NGP, and the University of Michigan join Amazon’s Climate Pledge Fund in the financing round.

X-energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointment of Joel Duling as President of the Company’s TRISO-X advanced nuclear fuel fabrication and development subsidiary. With more than 35 years of leadership experience in nuclear operations, manufacturing, and complex program management, Duling brings a wealth of expertise to this critical role.

X-energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today announced the appointment of Robert M. Taylor as Vice President, Regulatory Affairs and Licensing. With nearly three decades of experience in the nuclear energy sector, Taylor will oversee the company’s global licensing strategy and the execution of all nuclear regulatory-related activities and milestones.

X-Energy UK Holdings, Ltd (“X-energy”), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, and Cavendish Nuclear, a wholly-owned subsidiary of Babcock International, today welcomed a funding award from the UK Government’s Future Nuclear Enabling Fund (“FNEF”) to further the development of their plans for Advanced Modular Reactors (AMRs) in the UK.

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and TransAlta Corporation (“TransAlta”), one of Canada’s leading power producers, announced a partnership to study the deployment of X-energy’s Xe-100 advanced small modular nuclear reactors in Alberta. Supported through funding from Emissions Reduction Alberta (“ERA” or “the agency”), the study will assess the feasibility of repurposing a fossil fuel electricity generation site for an Xe-100 plant.

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, today opened the first training center for future operators of its Xe-100 advanced small modular reactor. Called the Plant Support Center (“PSC”), the 10,000 square foot state-of-the-art facility includes a full-scale plant control room simulator, Reactor Protection System prototype, and virtual reality experience, as well as offices and classrooms.

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, announced that it has successfully completed milestones in the Canadian Nuclear Safety Commission’s (“CNSC”) pre-licensing Vendor Design Review (“VDR”). The Company submitted the design of its Xe-100 advanced small modular reactor to CNSC for a combined Phase 1 and 2 VDR process. Upon completion of these phases, CNSC concluded there are no fundamental barriers to licensing the Xe-100, an outcome that increases confidence in proceeding with formal license applications in Canada.

X-Energy Reactor Company, LLC (“X-energy” or the “Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, announced that it has completed its Series C financing round with an additional $80 million from Ares Management Corporation and X-energy Founder, Kam Ghaffarian. This additional $80 million brings the total capital raised in the Series C financing round to $235 million, including anticipated conversions of certain of the Company’s outstanding convertible notes. Previous investors in the Series C financing round include Ontario Power Generation, Curtiss-Wright Corporation, DL E&C, and Doosan Enerbility.

X-Energy Reactor Company, LLC (“X-energy” or “the Company”), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and the U.S. Department of Energy (the “DOE”) have signed a cooperative agreement through 2024 to further advance the development of a mobile microreactor design. The agreement, awarded through the DOE’s Office of Nuclear Energy, supports X-energy’s continuing work on architecture and key technologies for the preliminary design of the Company’s transportable nuclear power plant. The X-energy microreactor is expected to produce three to five megawatts of electricity at a commercially competitive price. The award demonstrates the DOE’s continued support of X-energy and its operations.