X-energy Finalizes $235 Million Series C Financing venturebeat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from venturebeat.com Daily Mail and Mail on Sunday newspapers.
The safety case for X-energy starts with the fuel: the TRISO-X pebble is the containment vessel designed not to melt. The uranium oxycarbide kernels are encased in carbon and ceramic layers and set within a graphite matrix, which the company claims will not melt under any foreseeable adverse conditions within the reactor.
Ares Management Upsizes Total Commitment to $80 Million with $50 million PIPE Investment
X-energy Founder Kam Ghaffarian Commits Approximately $30 million
X-energy’s Pre-Money Equity Value.