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Partnership Between X-Energy and Amazon to Support Advanced Small Modular Nuclear Reactors
Oct 22, 2024•over 1 year ago
Contract Type
partnership
RockvilleEnergyRenewable Energy
Description
X-Energy Reactor Company has announced a partnership with Amazon for a financing round of about $500 million to support the completion of X-energy’s reactor design, licensing, and fuel fabrication facility, as well as future carbon-free projects using X-energy’s Xe-100 advanced small modular nuclear reactors. The partnership also aims to bring over 5 gigawatts of new power projects online across the United States by 2039, representing a significant commercial deployment target of SMRs.
Company Information
Company
X-energy
Location
Rockville, Maryland, United States
About
X-energy is a company specializing in advanced nuclear technologies, particularly small modular reactors (SMRs). Co-founded by Kam Ghaffarian, it aims to deliver clean, safe, and reliable energy solutions. X-energy is recognized for its innovative reactor designs and efforts to commercialize the next generation of nuclear power. The company is committed to establishing a sustainable and zero-carbon energy future through its projects.
RockvilleEnergyRenewable Energy