TRISO-X Completes Vertical Construction of TX-1 Fuel Fabrication Facility

* Completion of vertical construction marks major milestone for first-in-the-nation commercial scale advanced nuclear fuel fabrication facility * Project advances into interior buildout, fuel fabrication equipment installation and construction of supporting facilities OAK RIDGE, Tenn., Sept. 24, 2026 (GLOBE NEWSWIRE) -- TRISO-X, LLC ("TRISO-X" or the “Company”), a wholly-owned subsidiary of X-Energy, Inc. (Nasdaq: XE) (“X-energy”), today announced the completion of vertical construction at TX-1, its first-in-the-nation advanced nuclear fuel fabrication facility in Oak Ridge, Tennessee. The milestone completes the primary building structure of the 214,000-square-foot facility and enables the project to advance fully into its next phase of construction, including interior buildout, installation of fuel fabrication equipment and continued construction of supporting facilities.

“Completing vertical construction is a major milestone for TX-1 and another tangible demonstration of the progress our team is making in Oak Ridge,” said Joel Duling, President of TRISO-X. “We are moving from constructing the core and shell of the facility to building out the interior utilities, installing manufacturing equipment, and constructing key support capabilities. Every milestone brings us closer to establishing a new domestic source of advanced nuclear fuel and supporting the deployment of the next generation of American nuclear reactors.”