Funding Details
- Awarder
- Inbox
- Date Award
- May 18, 2025
- Vertical
- Energy
- Funding URL
- View Funding Page
Company Info
- Traction
- X-energy has received backing from the US Department of Energy’s Advanced Reactor Demonstration Program and has a partnership with Amazon to bring more than 5GW of SMR capacity online by 2039.
- Organizations Involved
- Amazon, Energy Northwest
- Founders
- Kam Ghaffarian
- Company Description
- X-energy is developing an advanced Small Modular Reactor (SMR) called the Xe-100, which generates 80MWe and 200MWt, designed for multi-unit plants. The company aims to fulfill the growing energy needs of future generations with its innovative reactor technology.
- Market
- Small Modular Reactors (SMR)
- Location
-
Oak Ridge,
Tennessee,
USA
- Coinvestors
- Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective
Links