Standard Nuclear Files for US IPO In Reactor Fuel Push

Standard Nuclear Inc., a maker of fuel for nuclear reactors, filed for an initial public offering as the power needs to fund the artificial intelligence boom continue to grow.

The Oak Ridge, Tennessee-based company had a net loss of $7.71 million on revenue of $593,802 for the three months ended March 31, compared with a net loss of $8.29 million on revenue of $377,926 a year earlier, according to its filing Thursday with the US Securities and Exchange Commission.

Standard Nuclear designs and makes fuels used by advanced nuclear reactors, including small modular units that are designed to be ...