Centrus Energy Corp. announced a definitive multi-year contract to supply High-Assay Low-Enriched Uranium (HALEU) to Radiant Industries, Inc., a developer of transportable nuclear microreactors. This agreement expands Centrus's customer backlog for HALEU and strengthens the domestic fuel supply chain for the next generation of nuclear reactors.
Key Details
- Agreement: Centrus will supply HALEU to fuel Radiant's Kaleidos microreactors, which are designed for commercial, industrial, and defense applications.
- Timeline & Financials: Deliveries are scheduled to begin before the end of the decade. The contract includes prepayments from Radiant to Centrus to support the build-out of its domestic commercial enrichment capacity.
- Strategic Importance: The deal provides Radiant with a U.S.-origin, "unobligated" source of HALEU suitable for national security use, while positioning Centrus as a key fuel supplier for the emerging microreactor market.