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U.S. nuclear energy company Standard Nuclear files for an IPO
BlockBeats News, June 19 — According to Bloomberg, Standard Nuclear Inc., located in Oak Ridge, Tennessee, is a nuclear reactor fuel manufacturer. As the electricity demand fueling the AI boom continues to grow, the company has filed for an initial public offering (IPO).
According to documents filed with the U.S. Securities and Exchange Commission (SEC), as of March 31, the company reported a net loss of $7.71 million and revenue of $593.8k for the three months. In the same period last year, the net loss was $8.29 million, and revenue was $377.9k.
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