A company that literally rose from the ashes of a bankruptcy is now gunning for a multi-billion-dollar public debut. Standard Nuclear Inc. filed its IPO with the SEC on June 18, 2026, looking to raise up to $383.25 million by offering 18.25 million shares priced between $18 and $21 each.
At the top end of that range, the company would land at a valuation of roughly $3.55 billion. For a firm that was born just last year from a $28 million asset acquisition out of bankruptcy, that’s one of the more dramatic glow-ups the energy sector has seen in a while.
From bankruptcy bin to billion-dollar IPO
Standard Nuclear was established in 2025 after scooping up assets from the bankrupt Ultra Safe Nuclear Corporation for approximately $28 million. It then raised $42.5 million in seed funding in June 2025, earning a $150 million valuation. By January 2026, a $140 million Series A round pushed the valuation to $838 million. Now, just months later, the IPO target implies a value roughly four times that Series A mark.
The investor roster backing that trajectory includes Andreessen Horowitz and Chevron Technology Ventures. The company is headquartered in Oak Ridge, Tennessee, a hub for nuclear research since the Manhattan Project days.
