X-Energy reports Q1 2026 revenue of $43M, raises $1.1B in IPO

X-Energy reported first quarter 2026 revenues and grant income of $43 million versus $21 million in Q1 2025, and completed a $1.1 billion net proceeds IPO on Nasdaq under ticker XE. The advanced nuclear technology company achieved key regulatory milestones including NRC fuel fabrication license and UK GDA application submission for its Xe-100 reactor.