NRC approves construction permit for X-energy reactors at Dow site

X-Energy (XE) reported Q3 earnings, highlighting plans for its Xe-100 reactor projects. The company expects the first project to come online in the early 2030s and anticipates an 18-month operating license review. X-Energy announced partnerships with American Electric Power, Amazon, and Energy Northwest for a 12-unit project in Indiana. The company also advanced fuel manufacturing and testing facilities.

X-Energy (XE) reported Q3 2026 progress, highlighting NRC construction permit for Dow's Long Mott project, a first in 60 years. The company also announced a joint development agreement with AEP and Amazon for a 12-unit Xe-100 project. X-Energy has $1.8B in cash and expects up to $2.15B in federal funding. The company aims to commercialize advanced nuclear technology with a focus on safety, scalability, and profitability.

X-Energy, Inc. (XE) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 X-energy Reports Third Quarter 2026 Results • Revenues and grant income of $66.3 million, compared to revenues and grant income of $30.4 million in 3Q 2025 • Dow and X-energy receive Construction Permit from Nuclear Regulatory Commission (“NRC”) ahead of schedule • S

The U.S. Nuclear Regulatory Commission issued a construction permit for Dow's Long Mott Generating Station, a four-reactor Xe-100 project in Texas. The project, developed with X-energy, will deliver 320 MW of electricity and 800 MW of thermal output. Dow and X-energy plan to make a final investment decision in 2027, with construction starting afterward. The Department of Energy has committed up to $2.15 billion in support.

The U.S. Nuclear Regulatory Commission approved a construction permit for X-energy's four Xe-100 reactors at Dow's Texas site, marking the first advanced nuclear facility permitted for an industrial site in the U.S. The project, pending Dow's investment approval, aims to provide 320 MW of electricity and high-temperature steam for Dow's operations, with construction potentially starting later this decade.

X-energy and Dow received a U.S. NRC construction permit for four small reactors in Texas, replacing aging equipment at a Dow chemical plant. The permit clears a key regulatory hurdle, but Dow must still decide on investment and obtain an operating license. The reactors, designed by X-energy, aim to supply power and steam in the early 2030s, with Dow evaluating the project's business competitiveness and capital requirements.