Centrus Energy secured a $900 million award from the U.S. Department of Energy to expand domestic uranium enrichment capacity, bolstering America’s goal of tripling nuclear generation by 2050. The company also won a $169 million Pentagon contract for fluorspar extraction under the Defense Production Act, enabling downstream producers to secure critical feedstock for reactor-grade materials. These agreements form part of a broader $2.5 billion Strategic Resilience Reserve designed to reduce reliance on foreign suppliers and strengthen the domestic critical minerals supply chain.

After ending 2025 with a 264% gain, Centrus Energy shares rallied an additional 26% in early 2026, reflecting investor confidence in nuclear’s role powering AI-driven data centers. The International Energy Agency estimates data center electricity demand will double to 3% of global supply by 2030, and Centrus’s Oak Ridge facility—once the heart of the Manhattan Project—positions the company to capture a growing share of U.S. utility enrichment purchases, especially after a ban on Russian imports that previously constituted 24% of demand.

In Q3 2025, Centrus reported revenue of $74.9 million, a 30% increase year-over-year, bringing nine-month revenue to $302.5 million (up 4.1%). Operating income soared 1,189.6% to $37.4 million for the first nine months, compared with $2.9 million in the prior period. Over the past three years the company has maintained a 20% compound annual revenue growth rate. Cash reserves jumped from $671.4 million at end-2024 to $1.63 billion by September 2025, enabling potential repayment of its $1.21 billion debt with $400 million to spare. Management forecasts 40% growth in nuclear energy output over the next three decades, underpinned by federal policy and secular demand for low-carbon baseload power.