COMPANIES · ENERGY & GRID

Centrus Energy

Centrus Energy sells enriched uranium fuel to nuclear power plant operators and provides engineering services, and is building U.S. enrichment capacity in Piketon, Ohio, including high-assay low-enriched uranium (HALEU) for advanced reactors.

AI-adjacentEnergy & grid
What it does

Centrus Energy sells enriched uranium fuel to nuclear power plant operators and provides engineering services, and is building U.S. enrichment capacity in Piketon, Ohio, including high-assay low-enriched uranium (HALEU) for advanced reactors.

Why it matters

Many planned AI-linked advanced reactors, such as Oklo's, need HALEU fuel that is scarce outside Russia; Centrus is one of the few U.S. producers. Its link to AI is indirect and depends on those reactors being built.

How it makes money

Utilities pay for low-enriched uranium supply, and the U.S. Department of Energy and others pay for HALEU production and technical services.

Geography

United States (Bethesda, Maryland)

AI stack position

Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.

Competitors

Connections (3)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated; it does not necessarily provide independent confirmation.

Dated or announced (2)

Oklo signed a letter of intent to buy HALEU fuel from Centrus Energy
Buys fromDated / announced
Centrus said it signed a letter of intent to supply HALEU from its Piketon, Ohio plant for up to five Oklo Aurora powerhouses, with deliveries beginning in 2029.

Source: 2026-06-18 · reviewed 2026-09-26

Evidence: Primary-source statement · Letter of intent; definitive contract anticipated

Limits: A letter of intent, not a definitive contract; does not establish quantities, price, prepayment amounts or that deliveries will start on schedule.

Oklo, Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio ↗
Centrus Energy signed a fuel, components and power MOU with Oklo
Partners withDated / announced
Oklo said it and Centrus signed a memorandum of understanding covering HALEU supply to Oklo, Centrus buying power from planned Aurora plants in Piketon, and Centrus making Aurora components.

Source: 2023-08-28 · reviewed 2026-09-26

Evidence: Primary-source statement · Memorandum of understanding; not confirmed operating

Limits: A non-binding 2023 MOU; does not establish that any fuel, power or components have been delivered, or contract values.

Oklo and Centrus Energy Sign Memorandum of Understanding for Fuel, Components, and Power Procurement ↗

Comparisons (1)

BWXT also develops U.S. uranium enrichment centrifuges alongside Centrus Energy
Competes withComparison only
The International Panel on Fissile Materials reported that BWXT opened a centrifuge manufacturing development facility in Oak Ridge while Centrus announced expansion of its own centrifuge technology and manufacturing center there.

Source: 2026-01-26 · reviewed 2026-09-26

Evidence: Analytical comparison · Product/market overlap

Limits: Both develop centrifuge enrichment, but BWXT's program serves defense (NNSA) needs while Centrus targets commercial fuel; does not establish that they bid for the same customers.

Two companies expand centrifuge development centers at Oak Ridge ↗

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Inclusion in this database is not an endorsement of a company or its securities. Nothing here is a recommendation to buy or sell anything, and none of it is individualized investment advice. See the disclosures. Data: AI Map v3.24, released .