The Zhitong Finance App learned that on Thursday, Standard Nuclear (STDN.US) landed on the US stock market and closed down 18% to $12.3 on the first day of trading. The IPO price is $15. Standard Nuclear is responsible for the design, engineering, and production of TRISO fuel, an advanced nuclear fuel for small modular reactors and micro reactors. The company operates the only dedicated, privately invested, industrial-grade TRISO production line in the US, and its underlying assets were acquired from Ultra Safe Nuclear through a bankruptcy auction in 2024. The company's revenue mainly comes from fuel development agreements signed with commercial customers and US government agencies. Up to now, the total contract backlog has reached a maximum of US$245 million.

The Zhitong Finance App learned that on Thursday, Standard Nuclear (STDN.US) landed on the US stock market and closed down 18% to $12.3 on the first day of trading. The IPO price is $15. Standard Nuclear is responsible for the design, engineering, and production of TRISO fuel, an advanced nuclear fuel for small modular reactors and micro reactors. The company operates the only dedicated, privately invested, industrial-grade TRISO production line in the US, and its underlying assets were acquired from Ultra Safe Nuclear through a bankruptcy auction in 2024. The company's revenue mainly comes from fuel development agreements signed with commercial customers and US government agencies. Up to now, the total contract backlog has reached a maximum of US$245 million.