Valued at a market capitalization of $4.4 billion, X-Energy (XE) designs and develops nuclear-reactor technology and manufactures nuclear fuels. It provides the Xe-100 small modular reactor (SMR) — which is designed to generate 80 megawatts of electric power or 200 MW of thermal output — as well as TRISO-X, a fuel for reactors.
X-Energy recently announced a partnership with American Electric Power (AEP) and Amazon (AMZN) to bring a SMR project to Indiana. Let's take a closer look at whether the partnership marks a buying opportunity for potential XE stock investors.
