Centrus and Antares Sign Multi-Year HALEU Supply Contract
Centrus Energy signed a definitive multi-year contract to supply High-Assay Low-Enriched Uranium to advanced reactor developer Antares, with deliveries commencing before the end of the decade. The contract includes prepayments from Antares to support the expansion of Centrus' domestic enrichment capacity. Antares is developing compact microreactors for defense and space missions and was recently selected for the U.S. Army's Janus Program at Fort Bragg, the Air Force's Advanced Nuclear Power for Installations program, and a Space Force award to demonstrate a space reactor.
Key figures
- Antares funding
- over $600 million
- Prepayments included
- Yes
- Delivery commencement
- before the end of the decade
- Centrus expansion size
- multi-billion-dollar
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