Small Modular Reactors

X-energy Gets $700 Million Backing As Investors Bet On Advanced Nuclear Deployment

By David Dalton
25 November 2025

US company working on major projects to roll out Xe-100 small modular reactor

X-energy Gets $700 Million Backing As Investors Bet On Advanced Nuclear Deployment
The Cascade Advanced Energy Facility will be constructed in three phases, each with four of X-energy’s 80-MW, high-temperature gas-cooled reactors. Courtesy X-energy.
X-energy, a company backed by technology giant Amazon, has closed one of the largest fundraisings by an advanced nuclear reactor developer with a $700m (€607m) funding round led by US investor Jane Street with participation from more than 10 other institutional investors.

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