Centrus Energy (NYSE:LEU) is a U.S.-based nuclear fuel supplier specializing in uranium enrichment and fuel services for commercial and government customers. The company operates advanced gas centrifuge facilities and provides enriched uranium (uranium hexafluoride, UF6) to produce fuel for nuclear power reactors. Centrus leverages proprietary technology to support the reliable, safe and secure supply of low-enriched uranium (LEU) around the world.
In addition to enrichment services, Centrus offers downblending of highly enriched uranium (HEU) into reactor-ready LEU, delivery logistics and storage solutions. Its product portfolio addresses the full fuel cycle, from feedstock procurement to conversion, enrichment and fuel qualification. Centrus also conducts research and development to advance centrifuge efficiency, proliferation resistance and safeguards that meet stringent regulatory standards.
The company serves a global customer base that includes utilities in North America, Europe and Asia, as well as the U.S. Department of Energy and other government agencies. Centrus maintains strategic partnerships and long-term contracts with reactor operators and fuel fabricators, ensuring continuity of supply in a market that underpins nearly 20% of global electricity production. Its operations adhere to international non-proliferation treaties and ISO-certified quality systems.
Originally established as the United States Enrichment Corporation in 1992 after the privatization of the U.S. enrichment enterprise, the business rebranded as Centrus Energy in 2014 to reflect its broader technology and services focus. Headquartered in Bethesda, Maryland, Centrus is led by President and CEO Daniel Poneman, a former U.S. Deputy Secretary of Energy, supported by a senior management team with deep expertise in nuclear engineering, government affairs and global supply chain management.
