New company throws hat into uranium conversion ring

April 1, 2026, 1:25PMNuclear News

Officially launched at CERAWeek 2026, held last week in Houston, Texas, FluxPoint Energy has unveiled plans to develop what it expects to be the first new U.S. uranium conversion facility in more than 70 years, a move aimed at strengthening America’s nuclear fuel supply chain.

The Houston- and McLean, Va.–based company plans to convert uranium oxide into uranium hexafluoride (UF₆), a critical intermediate step in producing fuel for the nation’s existing nuclear reactors as well as next-generation technologies under development.