Other
Aug 2025General Matter signed a DOE lease for a planned enrichment facility at Paducah; the project is capital-intensive, licensing-dependent, and planned at roughly $1.5 billion, with operations expected later this decade.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
General Matter is a privately held American nuclear-fuel company founded in 2024 to restore domestic uranium-enrichment capability and reduce U.S. dependence on foreign nuclear fuel. It is developing enrichment capacity for advanced and conventional reactors, with emphasis on American LEU and HALEU.
Primary product
Domestic uranium-enrichment services and production of low-enriched uranium (LEU, approximately 3–5% U-235) and high-assay low-enriched uranium (HALEU, approximately 5–20%).
Founded
2024
Headquarters
San Francisco, California (corporate headquarters; recruiting materials describe the operating headquarters as in the South Bay area of Los Angeles).
Team size
10–20 per current LinkedIn-derived company data; other 2025 reporting described approximately two dozen engineers, nuclear scientists, and safety experts.
Work style
Onsite
Industry
Nuclear energy
Sub-industry
Uranium enrichment and nuclear-fuel-cycle infrastructure
Offices
San Francisco, California
South Bay / Los Angeles, California
Paducah, Kentucky (planned enrichment facility)
Hanford, Washington (facility under evaluation)
Business model
B2B enrichment services
Government contracting
Long-term nuclear-fuel supply agreements
Potential export of American-enriched uranium
Funding
Stage
Series A / venture-backed, with major government project financing
Total raised
$50M
Latest round
Series A · Apr 2025
Latest amount
$50M
DOE HALEU IDIQ contract / project award
Jan 2026 · U.S. Department of Energy
Apr 2025 · Founders Fund
People & investors
Leadership
Founder and Chief Executive Officer
Co-founder and Chief Operating Officer
Co-founder; Operations
Work & culture
The company presents itself as an intense, mission-driven, startup/skunkworks-style organization combining nuclear, technology, government, finance, and manufacturing expertise. Its careers page highlights former founders, college athletes, and special-forces operators; job postings emphasize cross-functional engineering and willingness to work extended hours and weekends.
Work style
Onsite
Compensation
Public job postings show role-dependent base salary ranges, including approximately $70,000–$250,000 for a general application, $100,000–$180,000 for embedded software engineering, and $100,000–$200,000 for software/applied-AI roles. Full-time roles may include equity, medical/vision/dental coverage, and 401(k).
Benefits
Medical insurance
Vision insurance
Dental insurance
401(k) retirement plan
Stock options / long-term incentives
Product & market
Pricing
Not publicly disclosed; appears to be negotiated, long-term B2B and government-contract pricing for enrichment and fuel supply.
Differentiators
- —Domestic U.S. enrichment intended to reduce reliance on Russian and other foreign suppliers
- —Focus on the enrichment bottleneck in the nuclear fuel cycle
- —Targeting both LEU and advanced-reactor HALEU
- —Planned large-scale facility at the former Paducah Gaseous Diffusion Plant
- —Combination of private venture capital, nuclear/technology talent, and government partnerships
- —Positioning for AI/compute-driven electricity demand and advanced-reactor deployment
Technology
Uranium-isotope enrichment
Scale & contact
Estimated revenue
Not publicly disclosed; public databases characterize the company as generating revenue, but no reliable annual revenue figure was found.
Signals & risks
Other
Jan 2026The company received a $900 million, ten-year milestone-based DOE IDIQ contract to develop domestic HALEU enrichment capacity. The award materially supports the project but depends on execution and milestones.
SourceLatest news
General Matter · Mar 2026
General Matter announced EXIM-backed financing plans to supply American-enriched uranium to Japan and South Korea.
American Nuclear Society Nuclear Newswire · Feb 2026
DOE and General Matter agreed to evaluate the Hanford Fuels and Materials Examination Facility for advanced fuel-cycle and materials work.
General Matter / PR Newswire · Jan 2026
DOE awarded General Matter a ten-year, milestone-based $900 million IDIQ contract for domestic HALEU enrichment capacity.
Reuters · Aug 2025
The company signed a lease for a planned enrichment facility at the former Paducah Gaseous Diffusion Plant; the project was estimated at $1.5 billion and targeted operations by the end of the decade.
Open Positions
82 jobs at General Matter
Test Specialist
On-site
Manufacturing
Los Angeles, CA
Today
On-site
Full-time