X-energy and Burns & McDonnell Partner on Deployment of Xe-100 Advanced Nuclear Reactor

GREENBELT, Md., Sept. 29, 2016 /PRNewswire/ -- X Energy, LLC (X-energy) and Burns & McDonnell Engineering Company, Inc., have entered into a memorandum of understanding as a step toward deployment of X-energy's High Temperature Gas-cooled Reactor (HTGR): the Xe-100. Burns & McDonnell, a full-service engineering, construction and environmental solutions firm, will work with X-energy as their architectural and engineering partner. This partnership is formed in parallel with the execution of X-energy's five-year U.S. Department of Energy Advanced Reactor Concept Cooperative Agreement award.

"As we move toward deployment of our Xe-100, we are working hard to put together a team that will move us to market as quickly as possible," said X-energy CEO Dr. Kam Ghaffarian. "Partnering with a 100-year-old worldwide innovative leader in architecture, engineering, and construction will give X-energy a great head start. Having Burns & McDonnell join our team, which includes Southern Nuclear, is great news as we collectively work towards deploying a safe, economical source of clean energy that will play a vital role in tomorrow's energy landscape."

"Nuclear energy will be a growing part of our country's future energy mix and we're excited to be part of the team that will make sure the Xe-100 is part of that future," said Rick Halil, Senior Vice President and General Manager for the Burns & McDonnell Energy division. "We have decades of experience designing some of the most advanced power facilities in the world and we are ready to put that experience to work with the X-energy team."

About Burns & McDonnell Engineering Company: Founded in 1898, Burns & McDonnell is a full-service engineering, architecture, construction, environmental and consulting services firm made up of more than 5,300 professionals with offices across the country and throughout the world. Burns & McDonnell is the 14^th largest AEC firm in the Engineering News-Record Top 500 ranking, and is #1 in Power and #1 in Transmission & Distribution.  We strive to create amazing success for our clients and amazing careers for our employee-owners. Burns & McDonnell is 100 percent employee-owned and is proud to be No. 16 on Fortune's 2016 list of 100 Best Companies to Work For.

About X-energy:  The Xe-100 can produce zero-emission energy around the clock and ensure reliable electricity and/or process heat for residential, national security and industrial use and is designed with inherent safety features. This advanced nuclear reactor will expand nuclear power into new markets in increments of approximately 50MWe and is designed to be small, simple and affordable. Key attributes of the Xe-100 design are that it requires less time to construct, with factory-produced components, and will be "walk-away" safe without operator intervention during loss of coolant conditions. Twitter: @xenergynuclear; Facebook: facebook.com/xenergynuclear, www.x-energy.com

Contact:
Melanie White Lyons
[email protected] 
301.363.2839
@xenergynuclear

SOURCE X-energy

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