Milestones
- Selected for DOE Advanced Reactor Demonstration ProgramOct 2020Complete.
- Seadrift site selected with DowMay 2023Complete.
- Construction permit application submittedMar 2025Complete.
- NRC environmental review: no significant impactMay 2026Complete.
- NRC construction permit decisionTarget 2026Current milestone.
Most important updates
- 16d ago
- 6 Aug 2026
- 3 Aug 2026
- 18 May 2026
- 31 Mar 2025
Upcoming
- 2026NRC construction permit decision (next)
- 2028TRISO-X TX-1 fuel plant in Oak Ridge due for completion
Current obstacles
- Scaling up TRISO fuelEach core needs hundreds of thousands of TRISO pebbles; X-energy's Oak Ridge fuel plant must reach full output.
Physics limits
- Gas carries heat poorlyHelium holds little heat per litre, so it must be pressurised and pushed hard; pebble-bed cores deliver only a few MW per cubic metre, versus ~100 in water reactors.
- Passive safety caps module sizeTo cool itself by conduction alone in an accident, the core must stay tall and thin, which limits each module to about 200 MW of heat.
- Graphite changes under radiationNeutrons make graphite shrink then swell, and pebbles rubbing together make dust that carries radioactivity, limiting how long core parts last.
How it works

Pebbles of TRISO fuel
Each Xe-100 core holds about 220,000 tennis-ball-size graphite pebbles packed with TRISO particles that trap radioactivity to about 1,600 °C.
Helium gas at 750 °C
Helium, which does not become radioactive or react chemically, flows through the pebble bed and leaves at about 750 °C.
Refuelled while running
Pebbles slowly drop through the core, are checked on exit, then reused or retired, so the reactor does not stop for refuelling.
Power and steam for Dow
Four 80 MWe units (320 MWe) make 565 °C steam, both to drive turbines and to supply process heat to Dow's Seadrift site.
Update log
Thu 24 Sep
- Minor: PressManufacturing
Thu 6 Aug
- Minor: PressCommercial
Mon 3 Aug
- Minor: PressManufacturing
Mon 18 May
- Minor: PressRegulatory
Mon 31 Mar 2025
- Major: PressRegulatory
About X-energy
X-energy
Xe-100 pebble-bed HTGR, TRISO-X fuel
Maryland company developing the Xe-100, an 80 MWe gas-cooled pebble-bed reactor, and making its own TRISO-X fuel. Backed by Amazon and Dow, it went public on Nasdaq in April 2026 in the largest nuclear IPO on record.
- A four-unit Xe-100 plant at Dow's Seadrift, Texas site is under NRC review; permit decision targeted late 2026.
- Amazon invested in 2024 and plans Xe-100s totalling 5 GW by 2039.
- Its April 2026 Nasdaq IPO raised about $1B.
- Founded
- 200917 yrs
- Headquarters
- United States
- Status
- Public
- Listed
- XE (opens google.com)NASDAQ
- Valuation
- public
- Works in
- EnergyFission
- Coverage
- 1 program · 7 updateslatest 16d agochecked 25 Sep
- People
- Clay Sell (opens x-energy.com)CEO

