Centrus Energy supplies low enriched uranium (LEU) to commercial nuclear power plants, ensuring a reliable fuel source for energy generation. By providing LEU, the company addresses the need for stable and efficient nuclear fuel, supporting the energy sector's transition to low-carbon power solutions.
Funding
Funding not disclosed
Founders
Product
Problem
Nuclear power plants require a reliable supply of enriched uranium to fuel their reactors, and the United States lacks sufficient domestic uranium enrichment capacity for both commercial and national security needs. This dependence on foreign sources creates vulnerabilities in energy security and hinders the development of advanced reactor technologies requiring High-Assay Low-Enriched Uranium (HALEU).
Solution
Centrus Energy provides enriched uranium fuel to commercial nuclear power plants and is working to restore domestic uranium enrichment capabilities. The company leverages long-term supply agreements, secondary-source purchases, and existing inventory to ensure reliable, affordable, and on-time fuel deliveries to utility customers. Centrus is also pioneering the production of HALEU, a next-generation nuclear fuel required for many advanced reactor designs, using its American Centrifuge technology. Additionally, Centrus Technical Solutions offers advanced manufacturing and engineering expertise to customers in the nuclear, energy, aerospace, chemical, and defense sectors.
Target Audience
Centrus Energy serves commercial nuclear power plants requiring enriched uranium fuel, advanced reactor developers needing HALEU, and government entities seeking to strengthen national security through domestic uranium enrichment capabilities.
Features
- Enriched uranium supply for commercial nuclear reactors
- Diversified supply chain with long-term agreements and secondary sources
- Production of High-Assay Low-Enriched Uranium (HALEU) for advanced reactors
- American Centrifuge technology for uranium enrichment
- Turnkey engineering, design, and advanced manufacturing solutions
- Decommissioning services for nuclear facilities