According to a recent LinkedIn post from X-Energy Reactor Company LLC, the U.S. Nuclear Regulatory Commission has granted TRISO-X a Special Nuclear Material License under Part 70. The license reportedly authorizes commercial manufacture of HALEU nuclear fuel at the company’s first two fuel facilities, TX-1 and TX-2, under an initial 40-year term.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The post notes that this Part 70 approval makes TX-1 and TX-2 the first new fuel facilities licensed by the NRC in more than 50 years and positions TX-1 to become the first Category II nuclear fuel facility. It further suggests this step moves the company closer to establishing a stable commercial source of TRISO fuel in the U.S., which X-Energy characterizes as foundational to scaling next-generation nuclear technology.
For investors, this regulatory milestone may indicate reduced licensing risk and a clearer pathway to long-term revenue from HALEU and TRISO fuel supply if market demand materializes as expected. It could also enhance X-Energy’s competitive position in advanced nuclear fuels, potentially strengthening its role in future reactor deployments and related government or utility partnerships.