Centrus Energy Corp. (NYSE MKT:LEU) Q1 2020 Earnings Conference Call - Final Transcript

May 12, 2020 • 08:30 am ET

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Centrus Energy Corp. (NYSE MKT:LEU) Q1 2020 Earnings Conference Call - Final Transcript

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Presentation
Executive
Dan Poneman

domestic source of high-assay low-enriched uranium or HALEU.

Centrus is proud to stand at the forefront of that effort. In addition to the commercial reactor market, the nuclear fuel working group report encouraged efforts by the Department of Defense to develop microreactors that can be deployed to support our troops in the field and to provide reliable resilient power to key military installation. The Department of Defense effort to design and build a prototype mobile microreactor within three years reinforces the urgency of our mission since one of the department's design requirements is that the reactor must run on US-origin HALEU.

The men and women of Centrus Energy, many of whom have dedicated their whole professional lives to our enterprise and some of whose parents and grandparents did too going all the way back to the Manhattan project, take pride in the role this company and its predecessors have played in supporting America's national security requirements and fueling the peaceful use of the atom around the world. I've never been more proud of them or more optimistic about what we can achieve together in the months and years ahead.

And operator, with that we would be happy to take any questions at this time.