Subject: TNM
X-energy Teams with NFI to Supply Exclusive Fuel to the High-Temperature Gas-Cooled Reactor (HTGR) in Japan
ROCKVILLE, Md., June 26, 2020 /PRNewswire/ -- X-energy announced it has teamed with Nuclear Fuel Industries (NFI) to be the exclusive counterparty to supply fuel to the Japanese high-temperature gas-cooled reactor (HTGR). X-energy is purchasing the compact press equipment that can make annular fuel compacts for the "prism-type" HTGR core from Japanese-based NFI.
X-energy will use the TRISO-X fuel facility and the former NFI compact press equipment to form tri-structural isotropic (TRISO) fuel, which seals uranium particles in a protective coating, eliminating the meltdown risk associated with traditional nuclear plants.
"We are excited to continue expanding our services to international partners, including NFI," said Clay Sell, CEO of X-energy. "This is an important step to achieving our mission of creating a greener planet by providing enough carbon-free energy to sustain growing demand around the world."
X-energy has been manufacturing its patented TRISO-X fuel for over three years, and to date, it is the only U.S. company actively producing TRISO fuel. The company is currently engaging with the Department of Energy to further develop and design its TRISO-X fuel facility.
"We've made significant progress recently with our TRISO-X fuel and are pleased to add another important customer to our growing list," said Pete Pappano, PhD, Vice President of Fuel Production at X-energy.
Since 2009, X-energy has focused on designing state-of-the-art nuclear systems and establishing leading TRISO fuel fabrication capabilities that have broad applicability ? from large commercial plants to small, remote military applications, to nuclear thermal space propulsion concepts. X-energy has won United States Department of Energy, Department of Defense, and NASA contracts totaling more than $100M to develop nuclear fuels and build innovative nuclear reactor concepts.
About X-energy
X-energy is redefining nuclear energy. It manufactures fuel that seals uranium particles in a protective coating, which makes meltdown impossible and retains the waste inside forever. X-energy also designs plants that unlock the fuel's potential in a process that's as clean as wind or solar. When combined, the result is reliable carbon-free baseload power, produced more safely and affordably than ever before and available anywhere, at any time. For more information, visit https://x-energy.com/ or connect with us on Twitter, LinkedIn or Instagram.
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