Standard Nuclear has completed construction of two new TRISO nuclear fuel production facilities in Tennessee and Idaho. The facilities, designated SN-TN and SN-ID, are expected to collectively add up to 5 metric tons of uranium per year of production capacity once fully scaled, with initial capacity of 1 MTU annually each. The company has received approval of Preliminary Documented Safety Analyses for both facilities from the US Department of Energy. Start-up, commissioning, and licensing activities are expected to advance over the summer. Standard Nuclear currently operates its SN-0 facility in Oak Ridge, Tennessee, which produces up to 0.5 MTU annually. The company is also building another fuel line through a joint venture with Framatome in Washington state. "This comprehensive milestone represents the core of our mission at Standard Nuclear: focused execution to scale quickly to meet the increasing customer demand for advanced nuclear fuel," said Kurt Terrani, chief executive officer.

Standard Nuclear, Inc. (“Standard Nuclear” or the “Company”), a reactor-agnostic producer of TRISO nuclear fuel, today announced the pricing of its initial p...

Standard Nuclear, a Tennessee-based manufacturer of advanced nuclear fuel, is targeting a valuation of up to $3.5 billion through its upcoming IPO. The company plans to offer 18.25 million Class A shares priced between $18 and $21 each. This represents a significant jump from the $838 million valuation in its January funding round. Standard Nuclear produces TRISO fuel, a highly robust micro-particle nuclear fuel designed for small modular reactors that could power AI data centres. The company reported a net loss of $7.7 million on revenue of $593,802 for Q1 2025, compared to an $8.3 million loss on $377,926 in revenue the previous year. Despite losses, revenue grew 57% year-over-year. Standard Nuclear reports a contract backlog of up to $245 million and estimates the cumulative TRISO fuel market opportunity at over $4 billion through 2030.