Tuesday, 02 January 2024 12:17 GMT

Nuclear Stock Standard Nuclear (NYSE: STDN) Makes NYSE Top Gainer List Sector Up Today


(MENAFN- Investor Ideas) ) a go-to platform for big investing ideas, including nuclear energy stocks issues a news and trading alert for Standard Nuclear (NYSE: STDN ), a reactor-agnostic producer of TRISO nuclear fuel, and the only U.S. company with industrial-scale TRISO fuel fabrication facilities.

The stock makes the NYSE top gainer list today, currently trading at 13.82 +1.88 (+15.75%). The stock has a morning high of $13.96.

Looking at other nuclear stocks, NANO Nuclear Energy Inc. (Nasdaq: NNE ) is trading at 19.16 +0.89 (+4.88%). NuScale Power Corporation (NYSE: SMR ) is trading at 9.55 +0.49 (+5.47%). The AI power demand story is still very much alive for investors today as stocks gain.

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On August 20th Standard Nuclear announced the execution of a new binding fuel supply agreement with Radiant Industries, Inc., a pioneer in portable nuclear microreactors.

Under this partnership, Radiant has secured supply of multiple metric tons of TRISO fuel to be delivered through 2031. The agreement marks a watershed moment for the advanced nuclear industry, signaling commercial scale demand for TRISO fuel across a growing range of reactor applications. Radiant's Kaleidos is a 1-megawatt nuclear microreactor designed for transport and direct deployment at customer sites. This long-term commitment advances Standard Nuclear's mission to build a domestic supply of advanced nuclear fuel by securing multi-year customer agreements for its U.S.-produced TRISO fuel.

The company recently announced the appointment of Seth Cohen to its Board of Directors, effective August 12, 2026.

Cohen brings a distinctive combination of legal, regulatory, and federal policy experience across the nuclear industry, a vantage point increasingly critical as advanced reactors, national infrastructure, and surging demand for reliable power reshape the sector. As Chief Counsel for Nuclear Policy at the U.S. Department of Energy, he oversaw the department's nuclear legal and policy work and coordinated closely with the White House, the Nuclear Regulatory Commission, and NASA on the deployment of advanced nuclear and space power systems. Prior to entering government service, Cohen practiced at Kirkland & Ellis LLP in San Francisco, where he handled Supreme Court and appellate litigation.

Standard Nuclear's mission is to reliably deliver the essential building blocks of nuclear power at scale, enabling cost-effective, safe, and secure energy. Headquartered in Oak Ridge, Tennessee, the company is focused on the large-scale production of advanced nuclear fuel and power systems. As the only U.S. company with industrial-scale TRISO fuel fabrication facilities today, Standard Nuclear produces a robust, high-performance fuel essential to advanced nuclear reactors for terrestrial, national security, and space applications. The Company's internationally recognized technical team, together with its operation and ownership of facilities licensed for large-scale TRISO fuel manufacturing, positions Standard Nuclear to deliver advanced nuclear fuel to a rapidly growing industry and to strengthen the domestic supply chain underpinning U.S. national security.

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