X-energy Expands in Maryland, Creating 525 New Jobs and Consolidating Headquarters

Governor Wes Moore announced today that X-energy, an advanced nuclear reactor and fuel company, is reinvesting in its Maryland workforce by expanding in two counties. The company is consolidating its headquarters to a 125,000 square-foot facility in Gaithersburg, where it will retain its 260 full-time employees and create at least 525 new jobs over the next six years. This investment demonstrates X-energy's commitment to the state's vital energy and sustainability sector, as well as its goal of making Maryland a national leader in next-generation nuclear technology.

Key Takeaways:

• X-energy is expanding its Maryland workforce with the creation of at least 525 new jobs over the next six years, doubling the current number of full-time employees.
• The company is consolidating its headquarters to a 125,000 square-foot facility in Gaithersburg, where it will continue to operate its current workforce of 260 full-time employees.
• X-energy purchased a 90,000 square-foot building in Frederick to host its first integrated test and training facility, which will provide training for reactor operators and maintenance technicians using a state-of-the-art plant control room simulator.
• The company is a leader in developing advanced small modular nuclear reactors and nuclear fuel technology for clean energy generation, partnering with major megaproject developers and hyperscalers to deliver clean, reliable energy at scale.
• X-energy has committed to deploying up to five gigawatts of new nuclear capacity by 2039, the largest commercial deployment of small modular reactors announced to date, as part of its collaboration with Amazon.
• The company's first commercial Xe-100 plant is being developed in partnership with the Dow Chemical Company on the Texas Gulf Coast through the U.S. Department of Energy's Advanced Reactor Demonstration Program.

Statistics:

• At least 525 new jobs are being created over the next six years, doubling X-energy's current number of full-time employees.
• The company is investing in a 125,000 square-foot headquarters facility in Gaithersburg and a 90,000 square-foot test and training facility in Frederick.
• X-energy has committed to deploying up to 5 gigawatts of new nuclear capacity by 2039.
• The company's Xe-100 plant is being developed in partnership with the Dow Chemical Company on the Texas Gulf Coast through the U.S. Department of Energy's Advanced Reactor Demonstration Program.

Sources:

• Annapolis: Office of the Governor, The State of Maryland.
• X-energy.
• Governor Wes Moore.
• X-energy Chief Executive Officer J. Clay Sell.
• Maryland Department of Commerce Secretary Harry Coker, Jr.