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X-energy

Gaithersburg, US · founded 2009
L0 · Energy & Power
nuclear/SMRstartuppublicgrowth

X-energy designs Xe-100 high-temperature gas-cooled small modular reactors and TRISO-X fuel for industrial and utility customers. It completed a U.S. IPO backed by Amazon.

Ecosystem functionAmazon-backed SMR developer that pairs reactor design with proprietary TRISO fuel manufacturing, differentiating on fuel supply-chain control.

Business modelSells reactors, fuel, and licensing

Revenue$117.1M
Valuation$4.5Breported
Last round$1.02B2026
Sources · 5 ↓
  1. https://www.reuters.com/business/energy/nuclear-reactor-developer-xenergy-targets-75-billion-valuation-us-ipo-2026-04-15/
  2. https://app.dealroom.co/companies/xenergy
  3. https://x-energy.com/
  4. https://companiesmarketcap.com/x-energy/marketcap/
  5. https://www.reuters.com/business/nuclear-fuel-firm-standard-nuclear-slashes-us-ipo-size-by-more-than-half-2026-07-15/
Suggest an editLast verified 2026-07-26
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