← Back

Standard Nuclear, Inc.

Standard Nuclear, Inc. is an independent advanced nuclear fuel company based in the United States. It designs, engineers, and manufactures advanced nuclear fuels, with a primary focus on TRISO fuel used by advanced reactors. Its customers include developers of advanced reactors such as SMRs and microreactors, as well as federal agencies pursuing HALEU-fueled demonstration reactors and mobile microreactor systems, including mission deployments. The company was incorporated in 2024 and is headquartered in Oak Ridge, Tennessee.

Price · split & dividend adjusted
News & notes moving STDN
United States
Energy Transition & Power Demand▲2

Standard Nuclear targets Q4 2026 authorization for new TRISO sites

Standard Nuclear, Inc. reported its first quarter of meaningful commercial fuel sales, shipping a 50-kilogram batch of HALEU TRISO fuel to Radiant Industries and completing delivery of the full core load for Radiant's first microreactor. The company's total contract backlog surged from $91.3 million at March 31 to $241.5 million at June 30, and after an August fuel supply agreement with Antares Nuclear, total backlog reached $576.9 million, including a firm commitment of 1 metric ton of TRISO fuel with an option for up to 7 additional metric tons. Revenue for Q2 was $4.7 million, with $3.1 million from product deliveries and $1.6 million from services, yielding a gross profit of $3.2 million and a 67% gross margin. Management targeted authorization to operate the SN-TN and SN-ID sites for the fourth quarter of 2026 and the start of production at Richland through its Framatome joint venture in 2027, while declining to provide formal financial guidance. The company ended the quarter with $102.2 million in cash and no debt, and net loss narrowed to $3.4 million, or $0.12 per share, from $7.7 million in the first quarter.
About megatrends
Energy Transition & Power Demand › Nuclear Fuel Cycle (Uranium & Enrichment) ▲Demand
Energy Transition & Power Demand › Advanced Nuclear — SMR & Microreactor ▲Supply
STDN · Capital · Positive Q2 revenue of $4.7M with 67% gross margin, $102.2M cash, no debt, and net loss narrowed to $3.4M from $7.7M.
STDN · Demand · Positive Standard Nuclear shipped its first commercial HALEU TRISO fuel batch and full core load, with backlog surging to $576.9M after the Antares agreement.
Antares Nuclear · Demand · Positive Antares Nuclear signed an August fuel supply agreement with Standard Nuclear including a firm 1 metric ton TRISO commitment plus options.
Radiant Industries · Demand · Positive Radiant Industries received a 50kg HALEU TRISO batch and the full core load for its first microreactor.
Framatome · Demand · Positive Framatome joint venture with Standard Nuclear is targeted to start production at Richland in 2027.
Read original ↗
Seeking Alpha·38dRead more →
STDN▼

Standard Nuclear Q2 EPS Misses, Revenue Up 683%

Standard Nuclear, Inc. reported a second-quarter GAAP loss of $0.12 per share, missing estimates by $0.05, while revenue of $4.7 million, up 683.3% year-over-year, fell short by $0.04 million. The company's Total Contract Backlog reached $241.5 million at June 30, 2026, up from $91.3 million at March 31, 2026, with Funded Backlog increasing to $61.9 million from $8.2 million. Additionally, Funded Backlog increased approximately 93% to $119.3 million and Total Contract Backlog to $576.9 million.
STDN · Capital · Negative Q2 GAAP loss of $0.12 per share missed estimates by $0.05, though revenue surged 683%.
Read original ↗
Seeking Alpha·39dRead more →