www.bloomberg.com
X-Energy, a nuclear technology company supported by Amazon, secured $700 million in funding led by Jane Street Group. This investment aims to commercialize X-Energy’s small reactor technology. The substantial funding signifies growing investor confidence in advanced nuclear power as a clean energy solution and will accelerate X-Energy’s plans for deployment and development of their reactor design. This development underscores the rising interest in small modular reactors as a potentially crucial component of future energy infrastructure.
