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Recently Funded|Amount: USD 500.0M|Industry: Nuclear Electric Power Generation

Breaking News: X-energy Secures $500M in Series C Funding to Fuel Next-Gen Carbon-Free Energy Innovations!

X-energy

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201-500 employees employees (Est.)
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X-energy is thrilled to announce that it has successfully raised $500 million in its latest funding round, a pivotal step forward in delivering the next generation of carbon-free energy through the reinvention of nuclear power. This substantial investment will be instrumental in furthering X-energy's mission to create a cleaner planet for future generations while addressing the increasing demand for power among growing global populations. At the heart of our innovative approach is the development of advanced nuclear fuels that encapsulate uranium particles in a protective coating, ensuring that meltdowns are a thing of the past and nuclear waste is contained indefinitely. By coupling this revolutionary fuel technology with our state-of-the-art reactor design, we can generate reliable, carbon-free baseload power that rivals the output of traditional energy sources, all while maintaining safety and affordability. This funding will enable us to scale up our operations, enhance our research and development efforts, and accelerate the deployment of our cutting-edge nuclear energy solutions worldwide. Partnering with investors who share our commitment to sustainability and clean energy, X-energy is poised to redefine the nuclear landscape, providing an accessible, efficient, and sustainable energy source for today and the future. As we embark on this exciting journey, we invite stakeholders to join us in making a significant impact on the global energy landscape, ensuring that our children and grandchildren inherit a cleaner, more sustainable world.
October 16, 2024

Buying Signals & Intent

Our AI suggests X-energy may be interested in solutions related to:

  • Investment in Nuclear Technology
  • Fuel Supply Services
  • Public Relations and Media Partnerships
  • Research and Development in Reactor Safety
  • Regulatory Affairs Consulting

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