Centrus Energy Corp. (NYSE: LEU) announced a partnership with Palantir Technologies Inc. (NASDAQ: PLTR) to deploy Palantir’s AI‑driven Foundry and Artificial Intelligence Platform (AIP) across its multi‑billion‑dollar uranium enrichment expansion in Piketon, Ohio. The collaboration, which began in late January, is designed to integrate disparate systems in both classified and unclassified environments and to use AI to optimize project controls, engineering, manufacturing execution, supply‑chain management, and regulatory compliance.
Since the partnership began, Centrus and Palantir have identified nearly $300 million in potential cost savings and efficiencies. “The nearly $300 million in savings we have identified to date are only the beginning. This partnership builds on our recently announced EPC partnership with Fluor and demonstrates Centrus’ day‑one commitment to bring in lead times and reduce unit costs for this project,” said Amir Vexler, President and CEO of Centrus. “It strengthens our ability to deliver a reliable, American‑owned source of enriched uranium to support the nation’s energy security and the next generation of advanced reactors.”
Centrus is the only U.S.-owned company that enriches uranium and has secured a $900 million Department of Energy task order to expand its Piketon facility for high‑assay low‑enriched uranium (HALEU) production. The 42‑month commercial‑scale expansion timeline is heavily dependent on this funding, and the AI tools are intended to de‑risk the schedule and reduce the cost of building and operating new enrichment cascades.
Palantir’s Foundry and AIP are being used to build a unified ontology that connects the entire Centrus nuclear manufacturing continuum. “We are excited to partner with Centrus to deploy Foundry and AIP across their operations. By building a unified ontology that connects the Centrus nuclear manufacturing continuum, we’re enabling accelerated production timelines and optimized decision‑making across their entire value chain,” said Joanna Peller, Palantir Industrials EVP. “This partnership demonstrates how AI‑powered software can drive measurable impact in critical infrastructure projects that are vital to America’s energy security and national competitiveness.”
The partnership has already attracted market attention. Palantir’s shares rose 2% on the day of the announcement, while Centrus’s stock has surged 170% over the past year, reflecting investor confidence in the company’s strategic direction and the growing demand for HALEU.
Centrus is also investing heavily in centrifuge manufacturing at its Oak Ridge, Tennessee facility and is exploring a joint venture with Oklo Inc. to provide deconversion services at Piketon. These moves position Centrus to offer a fully integrated fuel cycle capability and to capitalize on the expanding advanced‑reactor market, further reinforcing its role as a key domestic supplier of enriched uranium.
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