X-energy says U.S. Department of Energy plans to add up to $1 billion in funding for Texas advanced nuclear reactor project
X-energy CEO Clay Sell said during an earnings call on August 13 that the U.S. Department of Energy (DOE) has informed the company it will add up to $1 billion in public funding for the advanced nuclear energy project it is advancing with Dow Inc. in Texas. Sell stated that total available public funding for the Dow project in Seadrift, Texas, will reach up to $2.15 billion since 2021. The additional funding will carry the same 50-50 cost-sharing requirement as the initial award. The project is supported by the DOE's Advanced Reactor Demonstration Program (ARDP)...
2026-08-14
