TechCrunch Startup News Standard Nuclear emerges from the ashes of a failed startup
Jun 13, 2025
Discover how Standard Nuclear rose from the ashes of a failed startup, acquiring key assets through a bankruptcy auction. The discussion dives into the innovative revival of nuclear energy, showcasing advanced TRISO nuclear fuel technology. Learn about the vital funding efforts fueling this new venture and the potential it has to reshape the nuclear landscape.
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Standard Nuclear's Strategic Emergence
- Standard Nuclear formed from assets bought post USNC bankruptcy, accelerating its launch.
- TRISO nuclear fuel, though decades old, is gaining renewed interest in advanced reactors.
TRISO Fuel's Renewed Potential
- TRISO fuel consists of uranium pellets coated in carbon and ceramic, increasing meltdown resistance.
- Though an older tech since the 1950s, startups are reviving TRISO for modern reactors.
Richard Helms’ Crucial Role
- USNC was heavily funded by Richard Helms and family, who put in over $100 million.
- Helms was a former CIA Arabist and founder of national security companies Abraxas and Intrepid.