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X-energy raises $700M in latest funding round
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.
Yukimoto Maeda, Takafumi Aoyama, Toshihiro Odo, Satoru Nakai, Soju Suzuki
Nuclear Technology | Volume 150 | Number 1 | April 2005 | Pages 16-36
Technical Paper | Sodium Technology | doi.org/10.13182/NT05-A3602
Articles are hosted by Taylor and Francis Online.
The experimental fast reactor JOYO at the O-arai Engineering Center of the Japan Nuclear Cycle Development Institute is the first liquid sodium fast reactor in Japan. The purpose of constructing JOYO was to obtain technical information about liquid-metal fast breeder reactors (LMFBRs) through experience with their design, construction, and operation and to use the reactor as a fast neutron irradiation facility for the development of fuels, materials, and other components required for the LMFBR program. Through design, construction, testing, operation, and maintenance experience, JOYO has contributed much to the LMFBR development program. In addition to providing operating experience, many kinds of irradiation tests have been conducted for the development of fuels and materials under the conditions of higher fast neutron flux and temperature than those in light water reactors. JOYO has been operated successfully for a quarter-century without any serious problem, and this operation demonstrated the safety and reliability of the sodium-cooled fast reactor.The reactor has just been upgraded to the MK-III core to increase irradiation capability for playing a greater role in providing an irradiation field as a fast reactor. Given the worldwide trend of fast reactor shutdowns, JOYO is an increasingly valuable world resource for current and future reactor development.