X-energy Signs MOU with Jordan Atomic Energy Commission

GREENBELT, Md., Nov. 28, 2017 /PRNewswire/ -- The Jordan Atomic Energy Commission (JAEC) and X Energy, LLC (X-energy) announced today they have entered into a Memorandum of Understanding (MOU) for assessing X-energy's advanced nuclear reactor - the Xe-100 – and its potential for deployment in Jordan.

Dr. Kam Ghaffarian, Chief Executive Officer X-energy stated, "I am honored and excited about this MOU with JAEC. Delivery of our Xe-100 for electricity, water desalination and other thermal applications in Jordan represents a breakthrough for the advanced nuclear reactor industry. The people of Jordan stand to benefit by using our technology. This was the very reason I founded X-energy."

"As we work to bring our Xe-100 to markets worldwide, we will continue to create alliances with other potential customers that share the Kingdom of Jordan's goal for clean air, fresh water and energy security," Dr. Ghaffarian continued. "This MOU is a demonstration of our commitment to provide distributed and clean energy solutions to countries like Jordan. The United States of America has always been a beacon of light for civil nuclear power innovation."

Dr. Khaled Toukan, Chairman JAEC said, "The HTR's potential once implemented provides Jordan with opportunities that include both electric generation and non-electric utilizations such as water desalination and industrial applications and is the nexus between 3rd and 4th generation technologies."

About X-energy

X-energy is an advanced nuclear reactor design and TRISO-based fuel fabrication company. X-energy is developing an innovative nuclear power plant design solution. The Xe-100 is a 200MWt (76MWe) high temperature gas-cooled pebble bed modular reactor that requires less time to construct, uses factory-produced components, cannot melt down, and is "walk-away" safe without operator intervention. In concert with Xe-100 design, X-energy is actively producing TRISO-based fuel forms and will implement pilot manufacturing capabilities starting in 2018. Reactor and fuel activities are supported by $40M in private investment and a five-year $53M U.S. Department of Energy Advanced Reactor Concept Cooperative Agreement award. Twitter: @xenergynuclear; Facebook: facebook.com/xenergynuclear, www.x-energy.com

About Jordan Atomic Energy Commission (JAEC)

JAEC is a government entity of the Hashemite Kingdom of Jordan established under Law No. 42 in 2007, with the 2008 amendment empowering it to lead the development and implementation of nuclear strategy and to manage the nuclear program in the country.

JAEC directed the implementation of several key and notable projects in Jordan including the Sub-Critical Assembly, the exploration of Uranium in Central Jordan, and The Jordan Research and Training Reactor (JRTR) - Jordan's first nuclear reactor. Current projects JAEC is managing include the Uranium Mining project in Central Jordan and the Nuclear Power Plant Projects under development including SMRs.

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

SOURCE X-energy

Related Links

http://www.x-energy.com