BWXT Announces Contract with Antares for TRISO Nuclear Fuel Production

LYNCHBURG, Va.--(BUSINESS WIRE)--Oct 27, 2026--

BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Advanced Fuels subsidiary has entered into a multi-year commercial agreement with Antares Nuclear, Inc., establishing a framework for production of tri-structural isotropic ( TRISO ) nuclear fuel. The agreement includes terms for an initial allocation of 1 MTU (metric ton uranium), with the ability to increase as deployment requirements evolve to support Antares’ advanced reactor program.

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The fuel will be manufactured at BWXT’s Lynchburg, Virginia, facility, on the same TRISO fabrication line used to produce fuel for the Department of War’s Project Pele and Antares’ Mark-0 reactors. The agreement builds on BWXT’s existing relationship with Antares and supports its progression from reactor demonstration to initial production deployments. Earlier this year, BWXT-produced fuel supported Antares’ Mark-0 criticality milestone.

“BWXT’s decades of experience in advanced fuel manufacturing give us the foundation to support Antares as they accelerate toward commercial deployment,” said Joe Miller, president, BWXT Government Operations. “Our team has refined the processes for high‑performance TRISO fuel, and this agreement enables us to apply those strengths in a sustained, predictable way. As demand grows across the advanced reactor sector, BWXT is prepared to scale.”

“We achieved criticality with BWXT fuel, and it’s what will power our electricity producing reactor, Mark-1, in 2027,” said Jordan Bramble, CEO and Co-Founder of Antares. “Securing that same line through the end of the decade means our first production deployments run on fuel from a team and a process we’ve already proven.”

The TRISO fuel manufactured under the agreement will be delivered in accordance with a series of future task orders that define specific quantities, delivery schedules and technical requirements as Antares’ reactor program progresses.

Forward-Looking Statements

BWXT cautions that this release contains forward-looking statements, including, without limitation, statements relating to TRISO nuclear fuel production and capabilities and BWXT’s contract with Antares for nuclear fuel production. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the contract, funding of current and future work and delays in performance. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2025, and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company with more than 11,000 employees, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, nuclear medicine, space exploration and environmental restoration. BWXT owns and operates 19 manufacturing facilities globally, and its 14 strategic partnerships support the U.S. and Canadian governments at more than two dozen additional locations.

For more information, visitwww.bwxt.com. Follow us onLinkedIn,X,Facebookand Instagram.

About Antares

Antares is a nuclear fission energy company developing compact microreactors for defense and space applications, delivering safe, reliable power where traditional energy sources cannot. Founded in 2023 and backed by over $600 million in funding, Antares achieved initial criticality of its Mark-0 microreactor in 2026 under the DOE Reactor Pilot Program and is on track to produce electricity from an advanced reactor in 2027, with initial production deployments to U.S. military installations beginning in 2028. Antares operates facilities in Torrance, California; Idaho Falls, Idaho; and Aiken, South Carolina.

Under the agreement, the fuel will be manufactured at BWXT’s Lynchburg, Virginia, facility, on the same TRISO fabrication line used to produce fuel for Antares’ Mark-0 reactor.

Under the agreement, the fuel will be manufactured at BWXT’s Lynchburg, Virginia, facility, on the same TRISO fabrication line used to produce fuel for Antares’ Mark-0 reactor.

DNA connects serial killer Ted Bundy to the death of another Utah teenager, authorities announced Tuesday, exactly 52 years after her body was discovered in the woods by a hunter.

Bundy has been dead since 1989, but the tally of his confirmed victims continues to grow due to advances in DNA testing. He killed at least 30 women and girls in multiple states in the 1970s, and many more escaped or survived with injuries.

Investigators are satisfied that Bundy was responsible for killing 17-year-old Melissa Ann Smith in 1974, a death that had long been listed as a cold case, Summit County Attorney Margaret Olson said at a news conference.

They were able to close the case by making crucial connections with DNA found on Smith and Laura Aime, another Bundy victim whose case was resolved last April in Utah County. Bundy's DNA was on file in Florida, where he was convicted and ultimately executed.

Besides that evidence, Smith’s death showed hallmarks of Bundy’s “pattern, motive, means and opportunity,” Olson said.

Utah's state crime lab got new technology in 2023 that extracts DNA from samples even if they are small, degraded from age or contain DNA from multiple people.

“This case demonstrates the importance of preserving evidence,” said Salt Lake County Sheriff Rosie Rivera, whose department has also investigated homicides linked to Bundy.

“We have to solve these cases to the best of our ability,” she said, explaining the importance of tapping science, even so many years later. "Nobody is just going to walk away and just blame everything on Ted Bundy, even though many cases have been that way. Here in the state of Utah, we take it very seriously.”

Smith's relatives were contacted about the findings but declined to attend the news conference and declined to speak to reporters, the Summit County Sheriff's Office said.

“With every case closure, may we stomp the memory of Ted Bundy out,” Utah County Sgt. Mike Reynolds said.

Bundy was executed by electric chair in Florida for the 1978 murders of two women at the Chi Omega sorority house at Florida State University.

He gave a series of confessions in his final days, including to some crimes that were previously unknown to police. Not all of those cases have been confirmed.

Besides Florida and Utah, authorities said Bundy had victims in Colorado, Idaho and Washington state. They said they're especially working to solve the 1974 death of 16-year-old Nancy Wilcox of Utah.

Solving the Smith homicide “does not close the book on Ted Bundy,” said Det. Ben Pender of the Salt Lake County Sheriff's Office, which has the Wilcox investigation. “Information kind of leads to Ted Bundy but again we're not for certain on Nancy Wilcox. We're going to continue to work that case."

FILE - Ted Bundy smiles during the second day of jury selection for his murder trial in a Dade County courtroom in Miami, June 27, 1979. (AP Photo, Pool, File)