New Funding to Accelerate Buildout of Expansive Fuel Development and Fabrication Infrastructure Beyond Existing Manufacturing Line

OAK RIDGE, Tenn.–(BUSINESS WIRE)–Standard Nuclear, a reactor-agnostic producer of TRISO nuclear fuel, today announced it has secured $140M in Series A funding from investors led by Decisive Point with participation from new investors Chevron Technology Ventures, StepStone Group, XTX Ventures, and existing investors Welara, Fundomo, Andreessen Horowitz, Washington Harbour Partners, and Crucible Capital, among many others. This latest capital raise will support Standard Nuclear’s rapid buildout of new fuel development and fabrication infrastructure beyond the company’s existing operational and privately funded commercial-scale TRISO manufacturing line.

Standard Nuclear will use its new financing to expand annual TRISO production to over two metric tons across multiple, strategically located sites by mid-2026, leveraging proven infrastructure and a uniquely capable team with a track record of rapid, high-quality execution.

Standard Nuclear has executed multiple strategic and commercial milestones in its first twelve months of operations, including its selection as a supplier for the U.S. Department of Energy (DOE) Office of Nuclear Energy’s previously announced Fuel Line Pilot Program, the execution of a first-of-its-kind agreement with DOE to transition its jurisdiction, and a joint venture with Framatome to supply commercial qualities of TRISO and proprietary advanced reactor products. In addition, the company announced in early 2026 that it was the first company to both receive authorization by the U.S. DOE and physically receive HALEU for production of advanced TRISO fuel for Radiant Industries.