Trump administration announces $2.7B to bolster nuclear energy

Jan 6, 2026 - 07:00
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Trump administration announces $2.7B to bolster nuclear energy
The Trump administration is awarding a total of $2.7 billion to three companies to support uranium enrichment for nuclear energy. American Centrifuge Operating, General Matter and Orano Federal Services will receive $900 million each. General Matter is reportedly backed by billionaire Peter Thiel. The Trump administration said that the funding will help the U.S. transition away from…