Standard Nuclear, Inc. (Ticker: STDN US) is an American advanced nuclear fuel company focused on designing, engineering and manufacturing TRISO fuel for advanced nuclear reactors, including some small modular reactors and microreactors. Incorporated in Delaware, the company says it operates the only dedicated, privately funded, industrial-scale TRISO production line in the United States and is producing and shipping fuel for advanced reactor demonstrations scheduled for 2026.
Standard Nuclear plans to list on the New York Stock Exchange on July 16, 2026. According to published IPO terms, the company plans to offer 18.25 million shares at a price range of $18.00 to $21.00 per share, raising approximately $356 million at the $19.50 midpoint. The estimated market capitalization is approximately $3.3 billion.
Founded in 2024, Standard Nuclear was built on certain nuclear-fuel-related assets acquired at auction in late 2024 following the bankruptcy of Ultra Safe Nuclear Corporation. For the 12 months ended March 31, 2026, the company reported revenue of approximately $3 million and a net loss of approximately $15 million. BofA Securities, Goldman Sachs, Barclays, UBS Investment Bank and Evercore ISI are among the lead managers.