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June 18 (Reuters) - Nuclear fuel company Standard Nuclear reported an increase in quarterly revenue as it filed for an initial public offering in the United States on Thursday, joining a host of startups looking to tap the public markets.

Activity in the U.S. IPO market has seen a rebound in recent months, with several sectors joining in on the investor enthusiasm surrounding fresh stocks currently prevailing.

President Donald Trump signed executive orders in May 2025, aimed at jumpstarting the U.S. nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel supply chains.

Standard Nuclear produces advanced nuclear fuel and radioisotope power systems, with a focus on scaling up domestic manufacturing capacity to bolster U.S. energy security.

It is the only independent producer in the United States of TRISO fuel — a high-performance material used in next-generation nuclear reactors — according to the IPO filing.

The company supplies reactor-agnostic fuel solutions for both terrestrial and space applications, serving aerospace and defense customers.

Standard Nuclear announced earlier this year that it had raised $140 million in an early-stage funding round led by Decisive Point. Its other backers include Chevron Technology Ventures and Andreessen Horowitz.

The company reported a revenue of $593,802 in the three months ended March 31, compared with $377.926 a year earlier.

The terms of the offering were not disclosed in the filing. It said the proceeds from the IPO would go towards general corporate purposes and to acquire or invest in complementary businesses.

The company intends to list its shares on the New York Stock Exchange under the ticker symbol "STDN". BofA Securities, Goldman Sachs, Barclays and UBS Investment Bank are among the underwriters for the offering.