X-energy, TerraPower share updates on advanced reactor projects

[Marlin]

X-energy, TerraPower share updates on advanced reactor projects

https://www.ans.org/news/2026-08-17/article-8297/xenergy-terrapower-share-updates-on-advanced-reactor-projects/

[Core Content]

X-energy will receive an additional $1 billion in Department of Energy funding to support the deployment of four Xe-100 reactors at a Dow chemical facility in Texas. Meanwhile, TerraPower has signed agreements with Hyundai Engineering and Construction and SK Innovation to collaborate on the engineering and international commercialization of its 345-MWe Natrium reactor technology. These developments mark progress for the Advanced Reactor Demonstration Program as both companies move toward commercial deployment.

The two main players of the Department of Energy's Advanced Reactor Demonstration Program, X-energy and TerraPower, have both announced significant developments in their projects to deploy advanced commercial-scale reactors.

X-energy to get another $1 billion: During its second-quarter earnings call on Thursday, CEO Clay Sell said the DOE notified X-energy that it would receive an additional $1 billion in cost-shared funding for its Long Mott project. The company wants to build four Xe-100 reactors at Dow's UCC Seadrift Operations, a chemical production facility in Seadrift, Texas. It would be the first advanced reactor deployment of its kind at an industrial site in North America.

Read the full article at ans.org:
https://www.ans.org/news/2026-08-17/article-8297/xenergy-terrapower-share-updates-on-advanced-reactor-projects/