The U.S. Department of Energy commits additional $1 billion to X-energy, raising total federal funding for the Texas reactor to $2.15 billion.
The U.S. Department of Energy will provide X-energy with an additional $1 billion for its nuclear reactor project with Dow in Texas. This increases total federal funding for the initiative to as much as $2.15 billion since 2021, marking a significant investment in advanced nuclear technology.
The funding comes through the Advanced Reactor Demonstration Program, aimed at accelerating commercial deployment of next-generation reactors. Prior allocations have supported early development, with this latest tranche signaling confidence in the project’s viability.
X-energy’s CEO confirmed the DOE’s commitment, though immediate market reactions were not detailed in the announcement.