X-power goes up nuclear waves, raises $ 700m p

Launching Nuclear X-Grogy Raising $700 million in a series d round, the company told Techcrunch.

The new Fundrise comes out one year after growing from $500 million to $700 million, which brings the money last year or up to $1,400 in the world of nuclear energy. X-Energy has raised $1.8 billion, so far.

X-force He said the new injection would help build the dye supplied to the small reactor (SMR). Currently, the startup says it commands 144 people to generate 11 gigawatts of electricity. Customers include Amazon, Dow, and British energy company Centrica.

The new round was led by Jane Street, which joined the expansion fund C. A Graod Serving, ComPaon Servid, Shood72, Management of Nations, and Setx Marketing.

X-power is producing high temperature, cold air, the type used recently in Japan and China. Each XE-100 vatable can produce 80 electric currents, and it is supported by billiard stones, milk stones coated with uranium. Inside the reactor, helium gas flows through the reactor, collecting heat, which is transferred to the Turbine Turbine to generate electricity.

Like other nuclear startups, x-energy has raised interest in the medical and data processing industries.

Amazon’s seasonal pipe led the first session of the list of startups C. the tech company also announced last year to buy More than 600 megawatts With the end of nuclear weapons in the Northwest and Virginia, the ones coming online in the early 2030s. In general, Amazon and X-power can see about 5 gigawatts shipped by 2039.

X-Power is in motion several other parts of SMR recruiting for the nuclear industry in the United States. Although many of their products look promising, only a few SMR power plants have been built so far, none in the United States.