X-Energy's TRISO-X Subsidiary Awarded $11M Economic Development Grant From Tennessee For Its Fuel Fabrication Campus

X-Energy, Inc. Class A

X-Energy, Inc. Class A

XE

0.00

TRISO-X, LLC ("TRISO-X" or the "Company"), a leading manufacturer of advanced nuclear fuels and wholly-owned subsidiary of X-Energy, Inc. ("X-energy") (NASDAQ: XE), today announced it has received an $11 million economic development grant from the State of Tennessee. The funding will support the continued development of the Company’s fuel fabrication campus in Oak Ridge, Tennessee, including a potential second commercial fuel facility and a dedicated research and development center. The award marks an important milestone in TRISO-X’s efforts to advance U.S. energy security through America’s first commercial-scale advanced nuclear fuel campus.

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