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STDN Antares Nuclear Announces Multi-Year TRISO Fuel Supply Agreement with Standard Nuclear

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01:02:55 PM UTC
SquawkNews
STDN - Antares Nuclear Announces Multi-Year TRISO Fuel Supply Agreement with Standard Nuclear
01:03:36 PM UTC
SquawkNews
Agreement secures domestic advanced nuclear fuel to power microreactors delivering strategic energy for critical missions Antares Nuclear, Inc., a nuclear fission energy company developing compact microreactors for critical missions, today announced the execution of a binding multi-year fuel supply agreement (FSA) with Standard Nuclear (NYSE: STDN ). Under the FSA, Standard Nuclear will deliver up to eight MTUs of TRISO fuel to Antares through 2035. Antares will use the fuel to power its microreactors, which are engineered to provide safe, reliable, and resilient energy for fielded systems operating in the most demanding environments on Earth and in space, enabling critical mission capabilities for the Department of War and commercial customers where traditional power sources simply cannot.

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