Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to help continue the expansion of its supply chain and the commercial pipeline for its Xe-100 advanced small modular reactor and TRISO-X fuel, according the company.

President Trump will arrive in the United Kingdom this week for a state visit that promises to include the usual pomp and ceremony alongside the signing of a landmark new agreement on U.S.-U.K. nuclear collaboration.