<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0002095330</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>09/30/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0002071778</issuerCik>
<issuerName>Fermi Inc.</issuerName>
<issuerCusip>314911108</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>620 S. Taylor</com:street1>
<com:street2>Suite 301</com:street2>
<com:city>Amarillo</com:city>
<com:stateOrCountry>TX</com:stateOrCountry>
<com:zipCode>79101</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Pencross Energy, LLC</reportingPersonName>
<citizenshipOrOrganization>TX</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>56250000</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>56250000</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>56250000</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>9.41</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
<comments>Calculated based on 597,672,623 Common Stock outstanding as of September 30, 2025, as reported on the Issuer's Form 424B4 ("Prospectus") filed on October 1, 2025.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Steven Meisel</reportingPersonName>
<citizenshipOrOrganization>TX</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>56250000</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>56250000</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>56250000</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>9.41</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<comments>Calculated based on 597,672,623 Common Stock outstanding as of September 30, 2025, as reported in the Prospectus.</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Fermi Inc.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>620 S. Taylor, Suite 301, Amarillo, Texas, 79101</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Pencross Energy, LLC</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>5728 Lyndon B Johnson Frwy, Suite 200&#13;
Dallas, Texas 75240</principalBusinessOfficeOrResidenceAddress>
<citizenship>See response to Item 4 on cover page.</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>See response to Item 9 on cover page.&#13;
&#13;
The reported securities are directly held by Pencross Energy, LLC. As the Managing Member of Pencross Energy, LLC, Steven Meisel may be deemed to share voting and dispositive power of the reported securities. Nothing in this statement shall be deemed an admission of beneficial ownership of the reported securities for purposes Section 13(d) or Section 13(g) of the Exchange Act.</amountBeneficiallyOwned>
<classPercent>See response to Item 11 on the cover page.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>See response to Item 5 on the cover page.</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>See response to Item 6 on the cover page.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>See response to Item 7 on the cover page.</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>See response to Item 8 on the cover page.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>Y</notApplicableFlag>
</item10>
</items>
<exhibitInfo>Exhibit A          Joint Filing Agreement, dated as of November 6, 2025.</exhibitInfo>
<signatureInformation>
<reportingPersonName>Pencross Energy, LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Steven Meisel</signature>
<title>Managing Member</title>
<date>11/06/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Steven Meisel</reportingPersonName>
<signatureDetails>
<signature>/s/ Steven Meisel</signature>
<title>Managing Member</title>
<date>11/06/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
