Antares signed a multi-year agreement to purchase TRISO fuel from Standard Nuclear for its microreactor powering fielded systems in defense and space

Standard Nuclear (NYSE:STDN) ("Standard Nuclear" or the "Company"), a reactor-agnostic producer of TRISO nuclear fuel and the only U.S. company with industrial-scale TRISO fuel fabrication facilities, today announced the execution of a binding fuel supply agreement ("FSA") for supply of TRISO fuel with Antares Nuclear, Inc. ("Antares"), a nuclear fission energy company developing microreactors for defense and space applications.

As part of the FSA, Standard Nuclear will deliver a minimum of one MTU, up to eight MTUs of TRISO fuel to Antares through 2035. Antares will use Standard Nuclear's TRISO fuel to power its microreactors, which are designed to enable critical mission capabilities for both the Department of War and commercial customers.

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