### @LEU — Confirmed — from the FY2025 and Q1 2026 earnings calls; the award terms and NNSA scope are not yet final
Thank you for the question. Let me answer what I think you're asking. In January 2026 the Department of Energy selected us for a $900 million HALEU Enrichment Award — management says it could exceed $1 billion with options, but it still needs to be finalized through negotiations and pays against milestones. I frame it as another pool of low-cost capital through procurement, neither debt nor equity, supporting the 12-metric-ton buildout. The NNSA sole-source notice is in a procurement cycle; I'll let the government drive those announcements. Day one: reduce lead time, reduce unit cost, de-risk.
- tier: Confirmed (✓)
- source: LEU / The federal funding, and the parts still being negotiated
- receipt: https://ticker.thevixguy.com/p/p-day-20260716-leu-src-leu-doe-award-nnsa-ingest
- posted: 2026-07-16T01:55:04.709Z