FE

Fermi

FRMI
NASDAQReal Estate
$7.14
USD
+0.19(+2.73%)
At close: Jun 12, 20:00 UTC

Open

$7.19

Prev. Close

$7.19

High

$7.24

Low

$7.13

Market Snapshot

Market Cap

$4.5B

P/E Ratio

-6.7

Employees

35

About

Fermi, Inc. engages in the development of energy infrastructure. The company is headquartered in Amarillo, Texas and currently employs 35 full-time employees. The company went IPO on 2025-10-01. The firm is engaged in the development of electric grids that deliver highly redundant power at a gigawatt scale, required to create artificial intelligence. Situated on a 5,236-acre site in Amarillo, Texas, Project Matador is secured by the Company pursuant to the Lease on land owned by the Texas Tech University System. Project Matador is designed to accommodate up to 6.0 gigawatt (GW) of nuclear capacity via 4.0 GW of bifurcated Westinghouse Reactors and 2.0 GW of small nuclear reactor (SMRs). Its HyperRedundant site is strategically located adjacent to natural gas fields in the United States that is within a high-radiance solar corridor, well-positioned for advanced nuclear development and supportive of multiple energy pathways including near-term natural gas power development.

Recently from Cashu

Couldn't load Cashu news

Something went wrong. Try refreshing the page.