BWXT Announces Contract with Antares for TRISO Nuclear Fuel Production

Skip to Content News Archives Economy Defence Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Defence Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Defence Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeBusiness Wire News ReleasesPMN Press ReleasesThis section is The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire BWXT Announces Contract with Antares for TRISO Nuclear Fuel ProductionAuthor of the article:Under the agreement, the fuel will be manufactured at BWXT's Lynchburg, Virginia, facility, on the same TRISO fabrication line used to produce fuel for Antares' Mark-0 reactor. Business WireLYNCHBURG, Va. — BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Advanced Fuels subsidiary has entered into a multi-year commercial agreement with Antares Nuclear, Inc., establishing a framework for production of tri-structural isotropic ( TRISO) nuclear fuel. The agreement includes terms for an initial allocation of 1 MTU (metric ton uranium), with the ability to increase as deployment requirements evolve to support Antares’ advanced reactor program.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThis advertisement has not loaded yet, but your article continues below.“BWXT’s decades of experience in advanced fuel manufacturing give us the foundation to support Antares as they accelerate toward commercial deployment,” said Joe Miller, president, BWXT Government Operations.The fuel will be manufactured at BWXT’s Lynchburg, Virginia, facility, on the same TRISO fabrication line used to produce fuel for the Department of War’s Project Pele and Antares’ Mark-0 reactors. The agreement builds on BWXT’s existing relationship with Antares and supports its progression from reactor demonstration to initial production deployments. Earlier this year, BWXT-produced fuel supported Antares’ Mark-0 criticality milestone.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“BWXT’s decades of experience in advanced fuel manufacturing give us the foundation to support Antares as they accelerate toward commercial deployment,” said Joe Miller, president, BWXT Government Operations. “Our team has refined the processes for high‑performance TRISO fuel, and this agreement enables us to apply those strengths in a sustained, predictable way. As demand grows across the advanced reactor sector, BWXT is prepared to scale.”“We achieved criticality with BWXT fuel, and it’s what will power our electricity producing reactor, Mark-1, in 2027,” said Jordan Bramble, CEO and Co-Founder of Antares. “Securing that same line through the end of the decade means our first production deployments run on fuel from a team and a process we’ve already proven.”The TRISO fuel manufactured under the agreement will be delivered in accordance with a series of future task orders that define specific quantities, delivery schedules and technical requirements as Antares’ reactor program progresses.Forward-Looking StatementsBWXT cautions that this release contains forward-looking statements, including, without limitation, statements relating to TRISO nuclear fuel production and capabilities and BWXT’s contract with Antares for nuclear fuel production. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the contract, funding of current and future work and delays in performance. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2025, and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.This advertisement has not loaded yet, but your article continues below.At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company with more than 11,000 employees, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, nuclear medicine, space exploration and environmental restoration. BWXT owns and operates 19 manufacturing facilities globally, and its 14 strategic partnerships support the U.S. and Canadian governments at more than two dozen additional locations.For more information, visit Antares is a nuclear fission energy company developing compact microreactors for defense and space applications, delivering safe, reliable power where traditional energy sources cannot. Founded in 2023 and backed by over $600 million in funding, Antares achieved initial criticality of its Mark-0 microreactor in 2026 under the DOE Reactor Pilot Program and is on track to produce electricity from an advanced reactor in 2027, with initial production deployments to U.S. military installations beginning in 2028. Antares operates facilities in Torrance, California; Idaho Falls, Idaho; and Aiken, South Carolina.View source version on businesswire.com: Senior Manager, Media & Public RelationsVice President, Investor RelationsThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.