An American nuclear fuel producer is getting ready to hit Wall Street. And some of the most successful venture capital investors in the world are behind it.

What’s happening:

  • Standard Nuclear has officially submitted a Form S-1 with the United States Securities and Exchange Commission to become a publicly traded company on the New York Stock Exchange

Why it matters:‍

  • Standard Nuclear produces advanced TRISO nuclear fuel and is widely considered to be the only independent and reactor-agnostic TRISO fuel developer that is currently operating in the United States of America

Going deeper:‍

  • The United States Department of Energy previously conditionally selected Standard Nuclear to participate in their Fuel Line Pilot Program for advanced nuclear fuel production
  • Some of the largest venture capital investors in the world are early backers of Standard Fuel including Chevron Technology Ventures, a16z, Washington Harbour Partners, Decisive Point and others

The fine print:‍

  • The exact pricing and size of Standard Nuclear’s IPO financing round has not yet been publicly disclosed

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