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Develops the Pebble-Bed SMR Xe-100 and manufactures TRISO fuel (TRISO-X) based on HALEU.

X-

X-Energy, Inc.

Rockville, Maryland · Oak Ridge, TennesseeNew on Amplifa

2009Founded
TX-1: 5 t Uran/Jahr (geplant), TX-2: 20Fuel capacity
3Locations (Rockville, Oak Ridge ×2)

About X-Energy

X-Energy, Inc. is a US nuclear reactor and fuel technology company headquartered in Rockville, Maryland. The company develops the Xe-100, a small modular, helium-cooled and graphite-moderated high-temperature pebble bed reactor (HTGR) with 200 MWth or around 80 MWe per module. In addition, X-energy produces its own TRISO fuel called TRISO-X: thousands of spherical fuel elements whose particles consist of HALEU cores (20% enriched uranium) surrounded by three layers of carbon and ceramic materials. Pilot production has been running since 2016 at Oak Ridge National Laboratory; the commercial fuel plant TX-1 (5 t uranium/year) is also being built in Oak Ridge, Tennessee, with operations planned to start in 2027, and a larger plant TX-2 (20 t uranium/year) is under development. Customers and partners include Dow, Energy Northwest, Amazon, Centrica and the US Department of Energy (DOE).

Site
Rockville, Maryland
Processes
TRISO fuel manufacturing (pilot line, TX-1), High-temperature gas-cooled pebble bed reactor Xe-100 (SMR, 200 MWth / ~80 MWe, helium-cooled), Development and construction of SMRs (Xe-100 pebble bed HTGR), Production of TRISO fuel (TRISO-X)
Materials
HALEU (High-Assay Low-Enriched Uranium, 20% enriched), Graphite (moderator/fuel cladding material), Helium (coolant gas), Carbon/ceramic (TRISO coating layers), Graphite, Helium
Certificates
NRC Category II license (TX-1/TX-2)
Founded
2009
Industries
Nuclear energy, SMR/fuel technology, Energy supply for industry and data centers, SMR/fuel technology
  1. 01

    Engineering and reactor design Xe-100

  2. 02

    TRISO fuel manufacturing (pilot line, TX-1)

  3. 03

    Assembly and deployment of reactor modules with partners

  4. 04

    Fuel supply to operators (Long Mott, Cascade, Hartlepool)

Materials and Processes

HALEU

HALEU (High-Assay Low-Enriched Uranium, 20% enriched)

Uranium fuel core of the TRISO particles, enables longer operating cycles without refueling.

TRISO

Carbon/ceramic (TRISO coating layers)

Triple coating of the fuel cores, which retains fission products even at extreme temperatures.

GR

Graphite

Moderator and cladding material of the spherical fuel elements of the Xe-100.

HE

Helium

Inert coolant gas that leaves the reactor at over 750 °C and generates process heat or steam.

Locations

Rockville

US

Headquarters

Oak Ridge (ORNL)

US

TRISO-X pilot production at Oak Ridge National Laboratory

Lot size
Pilot scale
Materials
HALEU, carbon, ceramic, graphite
  • TRISO-X pilot fuel manufacturing line

Oak Ridge (TX-1)

US

Commercial TRISO-X fuel plant, operation planned from 2027

Lot size
Commercial scale
Materials
HALEU
  • TX-1 fuel plant (5 t uranium/year)

Industries

Nuclear energySMR/fuel technologyEnergy supply for industry and data centersSMR/fuel technology

Processes & technical limits

ProcessesToleranceMax. partWeightLot sizeMaterials
TRISO fuel manufacturing (pilot line, TX-1)Engineering––––HALEU (uranium, 20% enriched), Carbon, Ceramic, Graphite
High-temperature gas-cooled pebble bed reactor Xe-100 (SMR, 200 MWth / ~80 MWe, helium-cooled)Engineering––––Helium, Graphite, Uranium (HALEU)

3 Anlagen & Maschinen

MachineManufacturer / modelQuantityWorking areaYear builtSite
TRISO-X pilot fuel manufacturing lineX-energy1Oak Ridge National Laboratory–Oak Ridge, TN
Commercial fuel plant TX-1X-energy TX-115 metric tons uranium/yearBetriebsstOak Ridge, TN
Planned fuel plant TX-2X-energy TX-2120 metric tons uranium/year––

Additional services

Development and construction of SMRs (Xe-100 pebble bed HTGR)Production of TRISO fuel (TRISO-X)

Reference customers

Dow Chemical CompanyEnergy NorthwestAmazonCentricaUS Department of Energy

Quality and Approvals

The TX-1 and TX-2 plants were approved in 2026 by the US nuclear regulator NRC with the first-ever issued Category II license for handling HALEU; a final NRC inspection date before the start of operations is planned.

EvidenceOak Ridge
NRC Category II license (TX-1/TX-2)

Company History

  1. 2009

    Founded by Kam Ghaffarian.

  2. 2016

    DOE Advanced Reactor Concept Cooperative Agreement with funding of up to USD 40 million over five years; start of TRISO-X pilot production at Oak Ridge National Laboratory.

  3. 2019

    Clay Sell becomes CEO; funding from the US Department of Defense for small military reactors (Project Pele).

  4. 2020

    Selected by the DOE Advanced Reactor Demonstration Program with funding of USD 400 million to USD 4 billion for an Xe-100 demonstration reactor.

  5. 2022

    Curtiss-Wright as preferred supplier for three critical Xe-100 components; NRC license application for TX-1; failed SPAC deal with Ares Acquisition (USD 2 billion).

  6. 2023

    Agreement with Dow on the Long Mott Generating Station on the Gulf of Mexico; termination of the SPAC deal, raising of USD 235 million.

  7. 2024

    Amazon invests and finances four Xe-100 reactors; target of up to 5 GW (Cascade Advanced Energy Facility) for data centers.

  8. 2025

    Agreement with Centrica for up to 12 Xe-100 units at the Hartlepool site (UK, target 6 GW); NRC construction application for Long Mott submitted; start of construction of TX-1.

  9. 2026

    IPO on NASDAQ on 24.04.2026 with proceeds of over USD 1 billion; NRC grants Category II license for TX-1/TX-2.

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