NucNet’s David Dalton reports on a major funding round aimed at strengthening the U.S. nuclear fuel supply chain as demand for advanced reactors accelerates.
- Standard Nuclear raised $140 million to expand production of TRISO fuel, a key input for next-generation nuclear reactors, and has begun manufacturing at its facility in Tennessee.
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The company’s push to scale domestic HALEU-based fuel production is intended to reduce reliance on foreign suppliers and support the growing pipeline of advanced nuclear, defense, and space applications.
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