U.S. Department Of Energy Signs Cooperative Agreement To Further Develop X-energy's Microreactor For Commercial Applications
Portfolio Pulse from Benzinga Newsdesk
X-Energy Reactor Company and the U.S. Department of Energy (DOE) have signed a cooperative agreement to advance the development of a mobile microreactor design. The agreement supports X-energy's work on the preliminary design of its transportable nuclear power plant. The DOE has awarded approximately $2.5 million to X-energy for this project. The Department of Defense (DOD) has also expanded its agreement with X-energy to develop a cost-effective design for a transportable advanced nuclear microreactor prototype for use in remote military locations.
October 25, 2023 | 9:21 pm
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The cooperative agreement between X-Energy and the DOE, along with the expanded agreement with the DOD, could potentially increase the value of AAC, if it is related to X-Energy. However, the article does not provide enough information to confirm this.
The article does not provide enough information to determine the impact of the news on AAC. Therefore, the relevance, importance, and confidence scores are all set to 0.
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