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0 -0.00581484795210713 -0.000736378124939355 -0.00432118035588141 -0.0395717356268103 -0.0451729891126569 -0.0443514719347328 -0.0543590448294456
Stock impact report

Peter Thiel Joins Board of Enriched Uranium Startup General Matter [Yahoo! Finance]

Centrus Energy Corp. Class A (LEU) 
NASDAQ:AMEX Investor Relations: investors.centrusenergy.com/investor-relations
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The Secret Formula for Faster Trains NYC Tourist Helicopter Crashes in Hudson River, Killing Six Even Oslo Has an Air Quality Problem Inside the Quiet, Extravagant Expansion of the Frick Collection Lisbon Mayor Wants Companies to Help Fix City's Housing Shortage His new startup, General Matter, has raised $50 million in a funding round led by the firm to make high-assay low-enriched uranium, or HALEU. As part of the deal, Founders Fund partner Peter Thiel is joining the board, an unusual move for the billionaire investor. The Los Angeles-based startup — which has been operating largely under the radar until now — aims to bolster the nation's nuclear energy industry, and adds to the stable of Founders Fund partners who have started their own companies. General Matter plans to produce HALEU by enriching uranium to 19.75% — just below the 20% threshold under regulations, meaning it's not weapons-grade. The levels will be meaningfully higher than th Show less Read more
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