X-Energy Drops on Finishing Nuclear Facility

TRISO-X, LLC, a wholly-owned subsidiary of X-Energy, Inc. (NASDAQ: XE), today announced the completion of vertical construction at TX-1, its first-in-the-nation advanced nuclear fuel fabrication facility in Oak Ridge, Tennessee.
The milestone completes the primary building structure of the 214,000-square-foot facility and enables the project to advance fully into its next phase of construction, including interior buildout, installation of fuel fabrication equipment and continued construction of supporting facilities.
“Completing vertical construction is a major milestone for TX-1 and another tangible demonstration of the progress our team is making in Oak Ridge,” said Joel Duling, President of TRISO-X.
“We are moving from constructing the core and shell of the facility to building out the interior utilities, installing manufacturing equipment, and constructing key support capabilities. Every milestone brings us closer to establishing a new domestic source of advanced nuclear fuel and supporting the deployment of the next generation of American nuclear reactors.”
Clark Construction Group continues to serve as construction contractor, leading interior buildout of the facility’s process equipment and administration building, installation of fuel fabrication equipment, and construction of an adjacent graphite matrix powder building.
XE stocks dipped 59 cents, or 3.6%, to $15.78.

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