American nuclear fuel manufacturer Standard Nuclear Inc. plans to raise $383 million in an IPO amid growing demand for electricity for AI systems. This is reported in the Standard Nuclear press release.
Standard intends to sell 18.25 million shares at a price of $18-21 per share and increase the market value to $3.5 billion.
Bank of America Corp. and Goldman Sachs Group Inc. act as organizers of the placement of shares on the New York Stock Exchange. The company's clients include Radiant Energy and Nano Nuclear Energy.
Standard Nuclear develops and manufactures fuels for modern nuclear reactors, including small modular installations that are considered safer and more efficient than traditional models.
In January 2026, the company raised $140 million in a financing round, increasing the market value to $838 million with the participation of major investors Larger Cross Partners, Welara Capital Partners and Fundomo.
Earlier, Standard Nuclear entered into an agreement with Oklo Inc. in the field of nuclear fuel reprocessing and began negotiations to join the U.S. Department of Energy's program for reprocessing excess plutonium into fuel for nuclear reactors.
Standard Nuclear, Inc. is an American manufacturer of TRISO uranium nuclear fuel for next—generation nuclear reactors used in the industrial, defense and space sectors. The headquarters is located in Oak Ridge, Tennessee.
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