RCS - Fermi Inc. - Fermi CNO Addresses NRC Conference 2026

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RNS Number : 2485W  Fermi Inc.  11 March 2026

Fermi America™ Chief Nuclear Construction Officer Mesut Uzman Addresses NRC
Regulatory Information Conference 2026, Showcasing Project Matador's Position
as America's Most Advanced Nuclear Build

Mesut Uzman, Fermi America Chief Nuclear Construction Officer, speaks at NRC
Regulatory Information Conference 2026

·    Project Matador Holds the Only Active Combined Operating License
Application Accepted by the NRC in More Than 15 Years - Greenlight by NRC to
Break Ground Immediately

·    Fermi America's Nuclear Program Advances in Lockstep with President
Trump's Executive Orders to Restore American Nuclear Leadership

·    Uzman Highlights Strategic Partnerships with Westinghouse, Hyundai
E&C, and Doosan as Necessary to Lock Up Long Lead Time Assets and Deliver
4.4 GW of New Nuclear on Time, on Budget

(AMARILLO, Texas) March 11, 2026 -- Fermi Inc. (https://Fermiamerica.com)
(d/b/a Fermi America) (NASDAQ & LSE: FRMI), operating as Fermi America™,
in partnership with the Texas Tech University System (TTU System), today
announced that Mesut Uzman, Chief Nuclear Construction Officer of Fermi
America, took the stage at the Nuclear Regulatory Commission's Regulatory
Information Conference (NRC RIC 2026) in Rockville, Maryland - the nation's
premier annual forum where nuclear policy, regulation, and industry execution
converge.

"We are answering the President's call to jumpstart America's nuclear
renaissance," said Mesut Uzman, Chief Nuclear Construction Officer of Fermi
America. "The only site construction-ready today, we have secured the talent,
the only active large nuclear power plant COL application in progress with the
NRC, and the best global nuclear partners in Hyundai E&C and Doosan
Enerbility, given their track record of building dozens of reactors
successfully across the globe."

"China is building 30+ reactors today," added Fermi America CEO Toby
Neugebauer. "Fermi did exactly what the President mandated at Fermi speed to
jumpstart nuclear on American soil. Once the U.S. Government approves Project
Matador for Korean investment under the recently approved Korean trade deal,
we are the only site that will be ready to break ground on nuclear in 2026, a
feat no one thought possible."

Uzman represented the only project in America with a large-scale LWR combined
license application accepted by the NRC in more than 15 years - and the only
one ready to break ground. He joined an elite panel for the session "T4
Critical Links: Strengthening the Nuclear Supply Chain for Tomorrow's
Reactors," sharing the floor with Mr. Matthew Vazquez, Senior Director of
Standards and Certification at ASME; Mr. Rajwant Jolly, Manager of Quality at
Bechtel Corporation; Mr. Sean Jones, Vice President of APX Supply Chain at
Westinghouse; and Mr. HyeonSoo Kim, Director at Doosan Enerbility.

The composition of the panel speaks directly to Fermi America's position at
the center of America's nuclear industrial base. Westinghouse and Doosan
Enerbility are both strategic partners in Project Matador's nuclear program.
Their joint appearance alongside Fermi America at the NRC's most prominent
annual forum signals the depth and seriousness of the partnerships driving
Project Matador forward.

In just nine months, Fermi America has assembled the partnerships, permits,
personnel, and property to position Project Matador as the only nuclear
project ready to deliver on President Trump's executive orders to restore
American nuclear leadership:

·    Fermi America filed the first Combined Operating License (COLA) in
more than 15 years, accepted by the NRC for review last September.

·    Fermi America has secured a 99-year lease from the Texas Tech
University System on property adjacent to Pantex - the Department of Energy
facility that has stewarded America's nuclear arsenal for 70 years.

·    Fermi has retained the world's leading nuclear construction experts,
a team, including Uzman, with a combined track record of 16 reactors
successfully built on time and on budget across the globe.

·    Fermi has partnered with Westinghouse, Hyundai E&C, and Doosan -
forging the international ties required to lock up long lead time assets
necessary to deliver on the President's executive orders.

·    Hyundai E&C has committed to providing Fermi America favorable
contract terms for AP1000 reactor construction at Project Matador, consistent
with the proven performance of their domestic Korean nuclear builds and the
Barakah Nuclear Energy Plant successfully delivered in the UAE. Fermi has
launched its FEED study, with a proposal to break ground on 4.4 GW of nuclear
construction at Project Matador on July 4th - with the President.

·    The Texas Commission on Environmental Quality has granted final
approval of the nation's second largest Clean Air Permit, covering 6 GW of
clean natural gas power generation at the 11 GW campus as a bridge to nuclear
power.

·    Korea's leading nuclear industrial champions - Hyundai E&C and
Doosan Enerbility - have entered into formal contractual relationships with
Fermi America and have designated Project Matador as a top priority within
their U.S. nuclear portfolios, bringing decades of proven reactor construction
expertise to America's most advanced nuclear build.

Project Matador is designed to answer the nation's call at a pivotal moment.
As AI infrastructure, semiconductor fabrication, advanced manufacturing, and
defense modernization drive an unprecedented surge in electricity demand,
America needs gigawatt-scale, reliable, clean power that the public grid was
never designed to deliver. Project Matador's 11 GW behind-the-meter private
power grid - combining natural gas, AP1000 nuclear, solar, and battery storage
- is built to meet that demand without burdening ratepayers or straining the
public grid.

Uzman underscored the critical role of international partnerships in
delivering Project Matador on schedule. "We cannot achieve this epic goal by
ourselves," Uzman said. "We are working with Doosan, Hyundai E&C, and
Westinghouse - and Hyundai has been involved in the construction of 18-plus
nuclear reactors in recent decades without liquidated damages. That is an
unmatched global track record."

Fermi America's nuclear program advances in direct alignment with President
Trump's executive orders to accelerate domestic nuclear deployment, restore
American nuclear manufacturing, and ensure the United States wins the AI and
energy race with China.

For media inquiries:

Lexi Swearingen

Media@FermiAmerica.com

 

Fermi America™ official business information

Legal Entity: Fermi Inc. (d/b/a Fermi America) (NASDAQ & LSE: FRMI)

Brand Name: Fermi America™

Address: 620 S Taylor St #301 Amarillo, TX 79101-2436

Website: https://fermiamerica.com/ (https://fermiamerica.com/)

 

About Fermi America™:

Fermi America™ (NASDAQ & LSE: FRMI) is an advanced energy and
hyperscaler development company with a mission to power the future of
artificial intelligence directly to the world's most compute-intensive
businesses through its flagship initiative, Project Matador. Co-founded by
former U.S. Energy Secretary Rick Perry and Co-Founder and former Co-Managing
Partner of Quantum Energy Partners Toby Neugebauer, Fermi America™ combines
a deep bench of proven world-class multi-disciplinary leaders and over 2 GW of
secured long lead time natural gas generation assets to build the world's
largest next-gen private grid campus. Ultimately constructing 11GW of
behind-the-meter, low-carbon, on-demand power, Project Matador is expected to
integrate a large combined-cycle natural gas project, advanced nuclear power
generation, utility grid power, solar power, and battery energy storage to
support hyperscale AI and advanced computing.

About the Texas Tech University System:

Established in 1996, the Texas Tech University System is one of the top public
university systems in the nation, consisting of five universities - Texas Tech
University, Texas Tech University Health Sciences Center, Angelo State
University, Texas Tech University Health Sciences Center El Paso and
Midwestern State University. Headquartered in Lubbock, Texas, the TTU System
is a more than $3 billion enterprise focused on advancing higher education,
health care, research and outreach with approximately 21,000 employees and
64,000 students, more than 400,000 alums, a statewide economic impact of $19.2
billion and an endowment valued at $3 billion. In its short history, the TTU
System has grown tremendously and is nationally acclaimed, operating at 20
academic locations in 16 cities (15 in Texas, 1 international). In addition,
the TTU System is one of only nine in the nation to offer programs for
undergraduate, medical, law, nursing, pharmacy, dental and veterinary
education among other academic areas.

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