- AI-for-Nuclear Research Partnership with Idaho National Laboratory, NVIDIA and Amazon Web Services ("AWS")
- 3-Year Initiative Awarded $60 Million under U.S. Department of Energy’s Genesis Mission
- Targets Long-Term Industry Schedule Acceleration and Cost Reduction
WASHINGTON, July 22, 2026 (GLOBE NEWSWIRE) -- X-Energy, Inc. (NASDAQ:XE) ("X-energy" or "the Company") was today announced as a founding member of the Prometheus project, a historic research initiative led by Idaho National Laboratory ("INL"), NVIDIA (NASDAQ:NVDA), and AWS to accelerate advanced nuclear deployment through the use of artificial intelligence ("AI"). X-energy joins as a Tier 1 partner, committing financial support and the use of its proprietary Xe-100 small modular reactor ("SMR") and TRISO-X fuel designs to advance the U.S. Department of Energy’s Genesis Mission, and a new horizon for American innovation.
The Prometheus project aligns 32 of the United States’ leading laboratories, universities, and private technology developers to a national effort aimed at accelerating the application of AI for transformative scientific discovery. This three-year, first-of-a-kind initiative was today awarded $60 million under the DOE’s Genesis Mission, targeting long-term schedule acceleration and operational cost reduction for advanced nuclear technologies. The Company expects to directly leverage advancements to help accelerate commercial deployment across its 11 GW commercial pipeline.
X-energy joins the Prometheus project as a Tier 1 partner with board of directors representation, providing $10 million in private capital, and the use of its proprietary HTGR design and fuel fabrication data. X-energy’s Xe-100 and TRISO-X fuel will serve as a technical platform for a three-year research campaign, leveraging the Department’s test reactors and supercomputing capabilities to integrate frontier-class AI models into reactor design, licensing, manufacturing, construction, and semi-autonomous operation workflows, as well as fuel fabrication.