REVELATION NUCLEAR
Fletcher Newton, Principal
Fletcher Newton is a seasoned Nuclear Fuel Consultant with over 30 years of experience in uranium production, conversion, enrichment, and fabrication, as well as international trade involving nuclear fuel. He specializes in providing strategic consulting services and focused marketing information to provide tailored solutions and insights for the global nuclear fuel market.
Having held leadership roles at Cameco, Uranium One, and most recently as President of Tenex-USA, Fletcher has been instrumental in shaping the US nuclear fuel industry, including his contributions to landmark agreements such as the HEU Agreement between Russia and the US, management and oversight of the Russian Suspension Agreement, and maintaining the on-going supply of Russian nuclear fuel to US utilities.
As the founder and owner of Revelation Nuclear, Fletcher offers expert guidance to investors, utilities, and organizations within all aspects of the nuclear fuel industry to help them navigate this complex and vital industry.
Fletcher Newton, President, is a seasoned Nuclear Fuel Consultant with over 30 years of expertise in uranium production, enrichment, and international trade. He specializes in providing strategic consulting and tailored solutions for the global nuclear fuel market. Having held leadership roles at Cameco, Uranium One, and Tenex-USA, Fletcher has been instrumental in shaping the industry, including his contributions to landmark agreements such as the HEU Agreement between Russia and the U.S. Currently at Revelation Nuclear, Fletcher offers expert guidance to investors, utilities, and organizations within the uranium and nuclear fuel sectors, helping them navigate this complex and vital industry.
Fletcher has over 30 years of experience in the nuclear fuel industry, managing uranium production, international ventures, and key agreements like the U.S.-Russia HEU Agreement. His leadership at Cameco, Uranium One, and Tenex-USA highlights his strategic expertise.
Nuclear Fuel Cycle
Fletcher Newton was directly involved in the historic U.S.–Russia HEU Agreement, known as Megatons-to-Megawatts, which converted weapons-grade uranium from dismantled Russian nuclear warheads into fuel for civilian nuclear reactors.
His firsthand experience with the program is now part of Columbia University’s oral history project documenting one of the most significant nuclear nonproliferation efforts of the post-Cold War era.
- ✔ Direct involvement in the HEU Agreement
- ✔ Firsthand perspective on U.S.–Russia nuclear cooperation
- ✔ Featured in Columbia University’s oral history project
- ✔ Speaker on nuclear fuel markets and nonproliferation
In 2026, Columbia University and the U.S. Department of Energy invited Fletcher Newton to participate in an oral history project documenting the legacy of the historic Megatons-to-Megawatts program and post-Cold War nuclear cooperation.
President, Contract Consultant
President
Senior Vice President of Marketing & Strategic Development
In-House Counsel & appointed President of Power Resources & Crow Butte Resources
Consultant for the HEU Agreement between the Russian Federation and the United States. Oversaw the creation of their Inkai Joint Venture in Kazakhstan and production from the project’s test mine.
Associate Attorney
In-House Counsel
JD, Law
BA, Magna Cum Laude
Soviet Studies
BA
Philology (Russian language studies)
English
Russian
Megatons to Megawatts: Oral History
As the world revisits the intersection of nuclear security and energy independence, the historic “Megatons to Megawatts” program stands as one of the most consequential nonproliferation achievements in modern history. This oral history project captures firsthand accounts from the scientists, policymakers, and industry leaders behind the landmark U.S.–Russia agreement.
Author: Columbia University & Fletcher Newton
Making OJ for EUP Supply and Demand
Utilities buy enriched uranium, not raw uranium—which is a combination of natural uranium and enrichment services. Think orange juice: it takes both oranges (uranium) and squeezing (enrichment) to produce a given quantity of OJ(LEU). This post explains how enrichment choices like “underfeeding” impact global uranium supply and why excess supplies of uranium are being reduced today.
Author: Fletcher Newton
Secondary Supply Role of Uranium Re-Enrichment
Secondary supply is uranium sourced outside of primary production, which has long been bolstered by the re-enrichment of depleted uranium tails, through contracts between Western enrichers and Russia, as well as through underfeeding, when enrichers use more enrichment and less natural uranium to produce the requisite amount of LEU for their customers.
Author: Fletcher Newton