 Advanced Reactor Concepts, LLC, and Centrus Energy Corp. NYSE American: LEU have signed a letter of intent to cooperate in supporting deployment of U.S. uranium enrichment capacity to produce High Assay, Low Enriched Uranium HALEU an advanced nuclear fuel that could power both existing and next-generation nuclear reactors, including ARCs innovative sodium-cooled fast reactor design, the ARC-100. While the letter is non-binding and non-exclusive, it reflects the parties long-term commitment to enter into a purchase agreement that would enable Centrus to supply commercial HALEU that ARC needs to deploy its reactor technology in the late 2020s. 