Movement Alert|X-Energy Rises 5.3% in Regular Trading, Selected for DOE Prometheus Project Amid Nuclear Sector Rally

Market Focus
Yesterday

On August 25, X-Energy rose 5.3% in regular trading, trading at $18.995/share, with turnover of $41.08 million.

On the news front, the U.S. Department of Energy is advancing its Prometheus project, leveraging AI to accelerate advanced nuclear technology deployment. X-Energy has been selected as a Tier 1 founding member, committing $10 million in private capital, with its Xe-100 small modular reactor chosen as the primary technology verification platform. The project commands a total funding scale of approximately $290 million, supported by computing and cloud services from NVIDIA and Amazon.

Within the Heavy Electrical Equipment sector, nuclear stocks rallied broadly. NuScale Power rose 5.41%, Bloom Energy gained 5.08%, and Forgent Power Solutions added 1.55%, reflecting sector-wide momentum lifting individual names. X-Energy recently also secured a long-term HALEU supply deal with Centrus Energy and extended its TRISO fuel research partnership with Oak Ridge National Laboratory, reinforcing its supply chain positioning ahead of commercial deployment.

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