X-energy designs and develops advanced nuclear reactors and fuel, aiming to commercialize small modular reactors based on a Generation IV high-temperature gas-cooled pebble-bed design and its TRISO-X fuel. The reactor uses ceramic-coated TRISO fuel in pebbles within a modular, sealed unit that operates at high temperatures to generate electricity or process heat, with safety features baked into the fuel and design. It differentiates itself by pursuing a specific Generation IV high-temperature gas-cooled, pebble-bed, TRISO-X fuel approach in a modular platform backed by significant financing to move toward commercialization. The company’s goal is to bring cleaner, safer nuclear energy to the market by completing design, obtaining regulatory clearance, and deploying its SMR technology and fuel at commercial scale.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Rockville, Maryland
Founded
2009
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