Standard Nuclear emerged from the start-up stealth mode in early June 2025 with the announcement of successfully raising $42 million from a group of venture capitalist led by Decisive Point with participation from Andreessen Horowitz, Washington Harbour Partners, Welara, Fundomo and Crucible Capital.
Though Standard Nuclear is young enough to have a single page web site, it owns and operates the largest TRISO – tristructural isotopic – fuel production facility in the world outside of China. That facility was purchased during the Chapter 11 reorganization of Ultra Safe Nuclear (USNC), a formerly sprawling advanced nuclear company that outran its financing. Along with the facility, its equipment, land and operating procedures, Standard Nuclear acquired a fully functioning, dedicated team of TRISO nuclear fuel specialists.
As described in a June 11, 2025 article in the Wall Street Journal, the fuel manufacturing team at Standard Nuclear was so committed to the vision of becoming a globally important fuel supplier to the advanced nuclear sector that many of them worked for months without pay to keep their facility operational and sale-ready during the USNC bankruptcy proceedings.
Dr. Kurt Terrani, CEO of Standard Nuclear, is our guest for Atomic Show #333. We discuss his personal trajectory in becoming one of the world’s leading technical experts on TRISO fuel production and then becoming the corporate leader of one of the world’s leading TRISO fuel manufacturing companies.
Kurt told us how the Standard Nuclear team began working together at Oak Ridge National Laboratory as part of the Advanced Gas Reactor (AGR) program (funded by the Energy Policy Act of 2005.) The fuel development segment of that program both preceded and superseded the larger AGR program. In a rare example of long term, consistent planning supported by reasonably consistent funding, the TRISO fuel development and testing program was sustained through completion for nearly 20 years (2002-2021).
One output of the
Published on 2 months ago
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