Companies · Nuclear, fuel and SMR · data
General Matter, Inc.
Profile
General Matter is a venture-backed US uranium-enrichment start-up planning a HALEU enrichment plant on a 100-acre parcel of the former Paducah Gaseous Diffusion Plant in Kentucky under an August 2025 DOE lease that provides at least 7,600 cylinders of existing depleted UF6 as feedstock; construction was expected to begin in 2026 with operation by 2034. On 5 Jan 2026 DOE awarded it a US$900 million HALEU task order, alongside equal awards to Centrus's American Centrifuge Operating (Piketon, HALEU) and Orano Federal Services (Oak Ridge, LEU) and a US$28 million award to Global Laser Enrichment (ANS 6 Jan 2026). Private; no market data apply.
Source: ANS Nuclear Newswire 6 Jan 2026, 9 Oct 2026 · confidence mediumKey projects
| Project | Country | Stage | Note | Map |
|---|---|---|---|---|
| Paducah HALEU enrichment plant (DOE lease, 100 acres) | USA | Pre-licensing | NRC licence application status not verified; construction expected to begin 2026, operation by 2034 (ANS 6 Jan 2026) | – |
Deals
| Date | Type | Deal | Status | Capacity MW | Value |
|---|---|---|---|---|---|
| 5 Jan 2026 | Fuel cycle | DOE awards USD 2.7 billion in enrichment task orders to Centrus, General Matter and Orano | Signed | n/a | 2.7 bn USD |
| 10 Dec 2024 | Fuel cycle | DOE selects six companies for LEU enrichment IDIQ contracts incl. two laser enrichers | Signed | n/a | 3.4 bn USD |
| 16 Oct 2024 | Fuel cycle | DOE selects four companies for HALEU enrichment IDIQ contracts (USD 2.7bn pool) | Signed | n/a | 2.7 bn USD |
Documents
| Document | Type | Date |
|---|---|---|
| ANS: DOE awards $2.7B for HALEU and LEU enrichment | News | 6 Jan 2026 |
Chart
TradingView symbol: n/a · private, unlisted
- Market cap, USD
- n/a · private, unlisted
- Market cap, local
- n/a · private, unlisted