Bluecore Energy Secures Low-Enriched Uranium Located at the Largest Commercial Nuclear Fuel Facility in the U.S

Bluecore Energy, a maritime nuclear energy company developing compact, water-cooled nuclear power systems, led by Kofi Asante, has announced significant progress across several critical elements of its first system, including the purchase of low-enriched uranium (LEU) from WMC, continued pre-application engagement with the U.S. Nuclear Regulatory Commission and U.S. Coast Guard, and advancement of its maritime classification pathway with the American Bureau of Shipping (ABS).

Less than three months after emerging from stealth and weeks after announcing a $50 million seed round, Bluecore Energy is advancing from hardware development toward fuel fabrication, testing, and validation ahead of future deployment.

“We’ve moved quickly since launching Bluecore Energy, but speed only matters if it is paired with rigor,” said Kofi Asante, Founder and CEO of Bluecore Energy. “We are putting the pieces in place across fuel, testing, engineering, safety, regulation, and maritime classification at the same time. That is what it takes to turn this technology into a real system, and ultimately deliver reliable, zero-emission energy where it is needed most.”

Securing Enriched Uranium Through WMC.

Bluecore Energy has acquired uranium hexafluoride enriched to 4.95% uranium-235 from WMC, marking a key step toward fuel fabrication and testing for its first system.

The material is held at a U.S. nuclear fuel facility outside California. It will be converted into uranium dioxide for fuel pellet production and assembly.

The acquisition advances Bluecore beyond reactor design and non-fueled hardware development toward the fuel infrastructure needed for future testing.

“As a leading intermediary in the global nuclear fuel market, WMC is excited by the emergence of marine nuclear and proud to bring our expertise to a new generation of reactor developers like Bluecore Energy,” said Per Jander, a Director on WMC's nuclear fuel team. “Establishing a reliable nuclear fuel supply is a fundamental part of moving any reactor program forward. Bluecore Energy is approaching that work with the seriousness and long-term thinking the nuclear industry requires, and we look forward to continuing to work together.”

WMC operates across the nuclear fuel cycle’s front end, supplying uranium, conversion and enrichment products alongside procurement, logistics, storage, financing and processing services.

Advancing Safety, Regulatory and Maritime Pathways.

Bluecore Energy is advancing safety, regulatory and maritime classification efforts alongside its engineering and testing program.

In August, the company initiated pre-application discussions with the U.S. Nuclear Regulatory Commission (NRC), presenting its conceptual design and regulatory strategy.

The U.S. Coast Guard also participated, following an NRC–Coast Guard agreement to coordinate on civilian maritime nuclear projects. Engagement with both agencies continues as Bluecore prepares for future commercial deployment.

“Fuel is obviously fundamental to building a nuclear energy system, but what matters just as much is the environment and process around how you test it,” said Megan Moyette, Licensing & Safety Lead (13-year U.S. Navy Nuclear Submarine officer). “Having access to the expertise and infrastructure at the largest commercial nuclear fuel facility in the U.S. allows us to approach this next phase with the rigor it requires. Our goal is not simply to move fast. It is to create and deliver zero-emission energy as safely and quickly as possible.”

In June 2026, Bluecore Energy received an Approval in Principle (AIP) from ABS for its floating nuclear power plant design, the first such approval for a U.S.-designed system. The assessment established a roadmap of technical requirements for further development.

The company is advancing engineering, nuclear safety, fuel qualification, testing, regulatory engagement, and maritime classification in parallel to develop its first system.

Building Maritime Nuclear Energy at the Port of Long Beach.

Headquartered at the Port of Long Beach, Bluecore Energy is developing its first maritime nuclear energy system and a non-fueled reactor module prototype. The facility does not house an active nuclear reactor or store nuclear fuel.

On September 15, the company hosted its inaugural Bluecore Energy Summit, welcoming over 100 leaders from government, maritime, nuclear energy, infrastructure, investment, and technology. Speakers included CEO Kofi Asante, Long Beach Mayor Rex Richardson and Port of Long Beach CEO Dr. Noel Hacegaba.

Unlike conventional land-based plants, Bluecore’s systems are designed for floating maritime platforms, offering potential applications across ports, AI data centers and coastal infrastructure, subject to regulatory approvals and site-specific safety requirements.

Maritime deployment is central to Bluecore’s design, enabling flexible power generation without necessarily requiring reactors on valuable land or directly alongside energy-consuming communities.