X-energy

Technology developer for the Xe-100 project under review at Dow's Seadrift site in Texas.

Reactor technology provider

Deployment stage3 / 8Development

Race position

Megawatts at their strongest documented state, as of 2026-08-06.

DesignXe-100
Per unit80 MWe
LaneGrid-scale SMR
ListingNasdaq: XE

A standard plant bundles four modules for 320 MWe.

4,680 MWe announced, non-binding, runs past the line

Under review · 320 MWe

One gigawatt is 13 × 80 MWe units. 640 MWe rest on an executed action, 64% of the way there.

Why this company is on the board: Long Mott construction-permit application under NRC safety review after the environmental review closed. Source ↗

Funding

Three frames, never added together.

Raised

Private and public equity. Never added to federal money.

  • 2026-04~$1.018B gross at $23.00/shareIPO / listing · Nasdaq Global Select MarketSource ↗
  • 2025-11$700M Series DVenture equity · Jane Street (lead), ARK Invest, Galvanize, Point72Source ↗
  • 2025-02$700M Series C-1Venture equity · Segra Capital, Jane Street, Ares ManagementSource ↗

Awarded

Federal awards and cost share. A ceiling, not cash received.

No awarded money on record.

Borrowed

Debt, repayable. Never counted as a raise, federal or private.

No borrowed money on record.

Filed, not raised

A registration filed with the SEC. The filing itself raises nothing.

No filed, not raised money on record.

Cash on hand

A balance, not a raise. Reported by the company at a stated date.

  • 2026-03-31$944.0M total liquidity, a pre-IPO balance dateSource ↗

Licensing

Applications, permits and authorizations, naming the authority in each case.

Physical progress

Work at a site. Criticalities are proof the physics works, not electricity.

Nothing on record in this lane as of 2026-08-06.

Program selections and agreements

Being chosen for a program, or signing one. Neither is a permit nor work at a site.

Nothing on record in this lane as of 2026-08-06.

Design proof outside the U.S.

Real progress on the same design abroad. Contributes 0 MWe to the U.S. race.

Nothing on record in this lane as of 2026-08-06.

Pipeline

Executed first. Announcements are labeled as announcements and never added to them.

Backed by an executed action

Announced, non-binding

Company-stated targets

What the company says, printed beside what a regulator has documented. The site never averages a target into a prediction.