X-energy, Ares call off merger plan

November 3, 2023, 9:31AMNuclear News

X-energy, the Rockville, Md.–based small modular reactor/nuclear fuel developer, and Ares Acquisition Corporation (AAC), a publicly traded special-purpose acquisition company, have agreed to terminate their business combination agreement, effective immediately, the companies announced this week.

To continue reading, log in or create a free account!

Related Articles

Nuclear advocates push lawmakers in Texas

May 20, 2025, 7:01AMNuclear News

As state legislatures nationwide near the end of their spring sessions, nuclear advocates hope to spur momentum on Texas legislation that would provide taxpayer-funded grants to developers of...