Key Metrics
IPO debut valuation
~$2.4B
As of Jul 16, 2026Value Add Pulse
Company Snapshot
Standard Nuclear is a Energy company, based in Oak Ridge, Tennessee, founded 2024. Total funding $182.5M (As of Jan 26, 2026).
Recent changes
- Jul 16, 2026Jul 16, 2026IPO $150M at ~$2.4B Value Add Pulse
- Jul 16, 2026Jul 16, 2026Standard Nuclear Debuts on NYSE After 58% IPO Cut Pulse story
- Jul 15, 2026Jul 15, 2026Standard Nuclear Amends Its NYSE IPO Filing Pulse story
- Jul 15, 2026Jul 15, 2026Standard Nuclear Slashes IPO Size by 58% Ahead of Pricing Pulse story
- Jul 13, 2026Jul 13, 2026Standard Nuclear Files for NYSE IPO to Fund SMR Buildout Pulse story
Earlier changes (9)
- Jul 7, 2026Jul 7, 2026Nuclear Fuel Maker Standard Nuclear Files for NYSE IPO Pulse story
- Jul 7, 2026Jul 7, 2026Standard Nuclear Sets Terms for $356M NYSE IPO Pulse story
- Jul 2026Jul 2026First reported valuation: ~$3.55B (IPO target)Rumored US News / Reuters — Standard Nuclear eyes $3.55B IPO valuation
- Jun 18, 2026Jun 18, 2026Standard Nuclear Files S-1, Taking Advanced Nuclear to Public Markets Pulse story
- Jun 18, 2026Jun 18, 2026Standard Nuclear Files S-1, Putting Advanced Nuclear Fuel on the IPO Runway Pulse story
- Jun 18, 2026Jun 18, 2026Standard Nuclear Files for a US IPO to Fund Advanced Reactor Fuel Pulse story
- Jan 26, 2026Jan 26, 2026Raised $140M Series A BusinessWire
- Jan 26, 2026Jan 26, 2026First reported total funding: $182.5M BusinessWire
- Jun 10, 2025Jun 10, 2025Raised $42M Seed BusinessWire
Funding History
3 events · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 16, 2026 | ipo | $150M | ~$2.4B | Value Add Pulse | |
| Jan 26, 2026 | Series A | $140M | — | BusinessWire | |
| Jun 10, 2025 | Seed | $42M | — | BusinessWire |
Investors
Latest Pulse
- Jul 17, 2026Nuclear Startup Valar Atomics Talks $6B ValuationValar Atomics, a three-year-old maker of small modular nuclear reactors backed by Palmer Luckey and Palantir's Shyam Sankar, is in talks to raise roughly $1 billion at a $6 billion valuation, three times its mark from just four months ago.→
- Jul 17, 2026Amazon Fixes Bug That Billed AWS Customers BillionsAmazon is fixing a software billing error that generated erroneous invoices showing billions owed by some AWS customers, a stumble landing the same week investors scrutinize execution across AI infrastructure.→
- Jul 17, 2026Public Markets Are Stress-Testing the AI Infra TradeValue Add Pulse analysis: Csquare's soft debut, Standard Nuclear's downsized listing, SpaceX's Starship setback and Alphabet's Gemini-delay selloff landed within 48 hours, showing markets are pricing AI-infra execution risk in real time.→
- Jul 17, 2026IPO Party Faces Down Volatility, Sinking SpaceXNewcomer's weekly analysis asks whether 2026's red-hot IPO window can survive SpaceX's post-listing stock collapse and a broader volatility spike, with several AI-adjacent companies still queued to list this year.→
- Jul 17, 202612 New S-1 Filings Show a Micro-Cap Biotech WaveA dozen new SEC S-1 and S-1/A filings this week, dominated by small biotech and biopharma names, show a steady drip of micro-cap public offerings continuing well below the AI-mega-cap headlines dominating the IPO conversation.→
- Jul 16, 2026Standard Nuclear Debuts on NYSE After 58% IPO CutTRISO fuel maker Standard Nuclear began trading on the NYSE under ticker STDN after slashing its IPO size by 58% to $150 million on the eve of pricing, a live early test of how public markets value pre-revenue nuclear-fuel suppliers.→
- Jul 16, 2026The AI Boom Is Testing the Limits of GrowthAxios reports the AI investment boom is running into real physical and financial constraints -- power availability, chip supply and capital costs -- that could cap how fast the buildout can continue.→
- Jul 15, 2026Standard Nuclear Slashes IPO Size by 58% Ahead of PricingTRISO fuel maker Standard Nuclear cut its IPO to $150 million from a planned $355.88 million on the eve of pricing, a rare down-sizing that signals soft investor demand even inside the hot nuclear-fuel supply-chain theme.→
- Jul 15, 2026Standard Nuclear Amends Its NYSE IPO FilingStandard Nuclear filed an amended S-1/A refining terms for its planned NYSE listing to fund its small modular reactor buildout, a sign underwriters are finalizing roadshow pricing.→
- Jul 14, 2026The SPAC Pipeline Is Quietly Filling Back UpTwo SPAC vehicles, Crestone Strategic Capital and Material Resource Acquisition Corp, both progressed toward listing this week, a quiet sign the blank-check market is testing itself again.→
Coverage Timeline
newest first- Jul 17, 2026IPOPublic Markets Are Stress-Testing the AI Infra Trade→
- Jul 16, 2026IPOStandard Nuclear Debuts on NYSE After 58% IPO Cut$150M raise, $2.4B cap→
- Jul 15, 2026IPOStandard Nuclear Slashes IPO Size by 58% Ahead of Pricing$150M raise, ~$2.4B cap→
- Jul 15, 2026IPOStandard Nuclear Amends Its NYSE IPO Filing→
- Jul 14, 2026IPOAnthropic's $965B Mark Meets the Physical-Infra IPO$965B valuation, $47B revenue→
- Jul 13, 2026IPOStandard Nuclear Files for NYSE IPO to Fund SMR Buildout$356M target→
- Jul 7, 2026IPOStandard Nuclear Sets Terms for $356M NYSE IPO$355.9M target raise→
- Jul 7, 2026IPONuclear Fuel Maker Standard Nuclear Files for NYSE IPOS-1 filed June 18, ticker STDN→
- Jun 18, 2026IPOStandard Nuclear Files S-1, Taking Advanced Nuclear to Public MarketsS-1 filed→
- Jun 18, 2026IPOStandard Nuclear Files S-1, Putting Advanced Nuclear Fuel on the IPO RunwayS-1 filed→
- Jun 18, 2026IPOStandard Nuclear Files for a US IPO to Fund Advanced Reactor FuelS-1 filed→
All Coverage
IPO
Public Markets Are Stress-Testing the AI Infra Trade
Value Add Pulse analysis: Csquare's soft debut, Standard Nuclear's downsized listing, SpaceX's Starship setback and Alphabet's Gemini-delay selloff landed within 48 hours, showing markets are pricing AI-infra execution risk in real time.
Standard Nuclear Debuts on NYSE After 58% IPO Cut
IPO$150M raise, $2.4B cap
Standard Nuclear Debuts on NYSE After 58% IPO Cut
TRISO fuel maker Standard Nuclear began trading on the NYSE under ticker STDN after slashing its IPO size by 58% to $150 million on the eve of pricing, a live early test of how public markets value pre-revenue nuclear-fuel suppliers.
Standard Nuclear Slashes IPO Size by 58% Ahead of Pricing
IPO$150M raise, ~$2.4B cap
Standard Nuclear Slashes IPO Size by 58% Ahead of Pricing
TRISO fuel maker Standard Nuclear cut its IPO to $150 million from a planned $355.88 million on the eve of pricing, a rare down-sizing that signals soft investor demand even inside the hot nuclear-fuel supply-chain theme.
Standard Nuclear Amends Its NYSE IPO Filing
IPO
Standard Nuclear Amends Its NYSE IPO Filing
Standard Nuclear filed an amended S-1/A refining terms for its planned NYSE listing to fund its small modular reactor buildout, a sign underwriters are finalizing roadshow pricing.
Anthropic's $965B Mark Meets the Physical-Infra IPO
IPO$965B valuation, $47B revenue
Anthropic's $965B Mark Meets the Physical-Infra IPO
Anthropic's confidential S-1 and $965 billion valuation sit against a backdrop where this year's actual IPO winners -- SK Hynix, Csquare, Standard Nuclear -- have all been physical infrastructure, not software-first AI labs.
Standard Nuclear Files for NYSE IPO to Fund SMR Buildout
IPO$356M target
Standard Nuclear Files for NYSE IPO to Fund SMR Buildout
Standard Nuclear plans to list on the NYSE this week, offering 18.25 million shares at $18-$21 to raise roughly $356 million at a $3.3 billion valuation, funding its small modular reactor buildout.
Standard Nuclear Sets Terms for $356M NYSE IPO
IPO$355.9M target raise
Standard Nuclear Sets Terms for $356M NYSE IPO
Standard Nuclear disclosed terms for its NYSE IPO on July 7, offering 18.25 million shares at $18-$21 to raise up to $355.9 million and fund expansion of its domestic nuclear-fuel production.
Nuclear Fuel Maker Standard Nuclear Files for NYSE IPO
IPOS-1 filed June 18, ticker STDN
Nuclear Fuel Maker Standard Nuclear Files for NYSE IPO
Standard Nuclear, an Oak Ridge maker of advanced TRISO reactor fuel with a $245 million backlog, filed for an NYSE IPO under ticker STDN as AI-driven power demand accelerates interest in next-generation nuclear supply chains.
Standard Nuclear Files S-1, Taking Advanced Nuclear to Public Markets
IPOS-1 filed
Standard Nuclear Files S-1, Taking Advanced Nuclear to Public Markets
Standard Nuclear filed an S-1 registration statement with the SEC, moving to tap public markets as demand for advanced nuclear fuel and small modular reactors surges alongside the AI data-center power crunch. The filing adds a clean-energy name to a pipeline that has been dominated by AI and space.
Standard Nuclear Files S-1, Putting Advanced Nuclear Fuel on the IPO Runway
IPOS-1 filed
Standard Nuclear Files S-1, Putting Advanced Nuclear Fuel on the IPO Runway
Standard Nuclear filed an S-1 registration statement with the SEC, pushing a domestic advanced-nuclear-fuel company toward public markets. The filing rides the same AI-power demand wave fueling fusion, and signals that the IPO pipeline is broadening from software into hard-tech energy.
Standard Nuclear Files for a US IPO to Fund Advanced Reactor Fuel
IPOS-1 filed
Standard Nuclear Files for a US IPO to Fund Advanced Reactor Fuel
Oak Ridge-based Standard Nuclear filed an S-1 to go public as demand for AI data-center power revives the nuclear buildout. The company bills itself as the only independent, reactor-agnostic maker of TRISO fuel for advanced reactors, backed by a16z, Chevron Technology Ventures and Decisive Point.
Value Add Research
- Market & Trends · Jul 23, 2026STDN: $15 to $9.75 to $12.92 — Standard Nuclear IPO
- VC & Investing · Jul 9, 2026Standard Nuclear S-1: $3.55B Valuation, $356M Raise
- Market & Trends · Aug 25, 2026How Does Oklo Make Money? $1.2M Revenue, $8B Market Cap
- VC & Investing · Aug 4, 2026$1B at $6B — Valar Atomics Nuclear for AI
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- Market & Trends · Jul 15, 2026Who's Going Public in 2026? 50+ IPOs Tracked Live
- Market & Trends · Jul 15, 2026$1.77T SpaceX to $26.5B SK Hynix: Tech IPO Calendar 2026
- Market & Trends · Jun 14, 2026SPCX Stock: $220 Average Price Target From 18 Analysts (2026)
Related Companies
Trace's Take
Standard Nuclear is a bet on the AI-power-demand story getting so acute that public markets will fund a pre-scale nuclear-fuel manufacturer before it has meaningful revenue — the IPO exists to build the factories, not to cash out a proven business. That's genuinely different from the software names on this list: the risk here is industrial execution (two facilities, on schedule, at cost) rather than product-market fit. If data-center power demand stays as steep as advertised, being the AI-adjacent picks-and-shovels play in nuclear fuel is a smart, underexploited niche; if the AI capex cycle cools, this is one of the more exposed names in the group.
How Standard Nuclear makes money
Standard Nuclear manufactures TRISO fuel — an advanced, accident-tolerant nuclear fuel form required by next-generation reactor designs (including microreactors and high-temperature gas reactors) that today's commercial nuclear fleet does not use. The company was built on manufacturing assets purchased at auction for $28M following the 2024 bankruptcy of Ultra Safe Nuclear Corporation (USNC).
Its business is pre-revenue-at-scale infrastructure: IPO and Series A proceeds are funding the buildout of two US TRISO production facilities to move supply from pilot scale to industrial scale, positioned to sell to reactor developers like X-energy as data-center and grid operators scramble for new baseload power to feed AI compute demand.
Competitors
- Centrus Energy — Public enriched-uranium and HALEU fuel producer.
- X-energy — TRISO-fueled reactor developer and a key customer/partner.
- BWX Technologies — Established nuclear fuel and components manufacturer.
- Global Nuclear Fuel / Westinghouse — Incumbent conventional fuel-fabrication suppliers.
Profile sources (verified 2026-08-02): US News / Reuters — Standard Nuclear eyes $3.55B IPO valuation · TechFundingNews — Standard Nuclear $140M Series A · TechCrunch — Standard Nuclear emerges from a failed startup
Standard Nuclear FAQ
What does Standard Nuclear make?
Standard Nuclear manufactures TRISO fuel, an advanced accident-tolerant nuclear fuel required by next-generation reactor designs, built on manufacturing assets bought out of the 2024 Ultra Safe Nuclear Corporation bankruptcy.
How much has Standard Nuclear raised?
Standard Nuclear has raised $182.5M in total funding (As of Jan 26, 2026, BusinessWire).
Who are Standard Nuclear's investors?
Standard Nuclear's investors include Andreessen Horowitz, Chevron Technology Ventures, Crosscut Ventures, Crucible Capital, Decisive Point, and 4 more (As of Jul 16, 2026).
Is Standard Nuclear publicly traded?
Yes. Standard Nuclear trades under the ticker STDN on NYSE.
Sources & methodologyshow
Where these figures come from
- BusinessWireprimary source2 facts
- BusinessWireprimary source1 fact
- Value Add PulseValue Add VC data2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.