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Lynchburg, VA, USA · Public (NYSE: BWXT) · bwxt.com
Naval reactors and fuel; Project Pele and BANR gas-cooled microreactors
Open roles
—
no public job board
Federal awards
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none found
Last private raise
—
no Form D on file
Revenue
$3.2B
fiscal year ending 2025-12-31
Coming up
POLICYRussian uranium import ban: waiver period
DOE can grant waivers for Russian enriched uranium until Jan 1, 2028; after that the ban is absolute. Affects Fission.
+ THESISPROJECT · PROJECT PELEFirst electricity at INL (target)
Idaho National Laboratory, ID
ans.org →+ THESISPOLICYDOE Energy Dominance Financing: Constellation and Alliant
Up to $5B conditional loan to Constellation for nuclear uprates (~1.1 GW) and a closed $5.1B loan to Alliant for gas, storage and upgrades (~2.6 GW). The office (formerly the Loan Programs Office) has over $300B of authority. Affects Fission.
+ THESISPOLICYDOE adds helium to the Critical Material List
DOE added helium to its Critical Material List, citing semiconductors, natural-gas leak testing and quantum computing. Helium also cools fusion magnets and high-temperature gas reactors. Affects Fission.
+ THESISPOLICYDOE Energy Dominance Financing: 10 large reactors
Up to $17.5B in conditional loans for ten Westinghouse AP1000 reactors at five sites; partners must commit $1B equity per project. Utility selections expected in the second half of 2026. Affects Fission.
+ THESISPROJECT · PROJECT PELEBWXT delivers the first TRISO fuel to INL
Idaho National Laboratory, ID
ans.org →+ THESISHow it works
Fuel is packed in tough ceramic-coated particles (TRISO), often in billiard-ball pebbles, and cooled by helium gas. Runs much hotter than water reactors, which suits industrial heat.
OPEN IN 3D →Others on this approach
Read from SEC 8-Ks (bankruptcy, default, delisting, restatement, impairment, restructuring), cash runway in annual reports, Form D raises and the 30-day hiring trend. A prompt to look closer, not a credit rating.
No public job board on Greenhouse, Lever or Ashby, so hiring isn't tracked for this company yet.
| Fiscal year end | 2021-12 | 2022-12 | 2023-12 | 2024-12 | 2025-12 |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B |
Sources: company job boards (daily), SEC EDGAR, USAspending.gov, and the reviewed technology spreadsheets. Public records only cover US entities, so foreign companies and private firms that don't file will show gaps.
| $2.5B |
| $2.7B |
| $3.2B |
| Net income | $306M | $238M | $246M | $282M | $329M |
| Cash | $34M | $35M | $76M | $74M | $500M |
| R&D spend | $11M | $9.5M | $7.6M | $7.5M | $14M |
No federal grants, contracts or loans found on USAspending.gov under this company's US entity name.
STEP 4/6 · AT RISK HALEU is the bottleneckMost advanced designs need HALEU (5–20% enriched), with no commercial US supply at scale yet.
STEP 4/4 · WATCH Office relaunched as Energy Dominance FinancingLending shifts toward nuclear and utility expansions (AP1000 offers, Constellation uprates).
Critical inputs
Policy that applies
No minerals, policies or partners linked yet. Add them in the review spreadsheet.