Entity
  • newcleo

    Created in 2021
  • BETA

    Trend leader (A+)
    Existing signals make this entity one of the most dynamic startups
  • Social networks

    45,099
  • Activities

  • Technologies

  • Entity types

  • Location

    55 S Audley St, London W1K 2QH, UK

    London

    United Kingdom

  • Employees

    Scale: 501-1000

    Estimated: 552

  • Engaged corporates

    17
    6 12
  • Added in Motherbase

    1 year ago
Description
  • Value proposition

    Developing Lead Fast SMRs to provide the world with a safe, stable power source and reduce volumes of radioactive waste

    Since launching in 2021 newcleo has quickly established itself as innovator in the field of nuclear energy. newcleo is working to design, build, and operate Gen-IV Advanced Modular Reactors (AMRs) that are cooled by liquid lead and fuelled by reprocessed nuclear waste.

    Through an innovative combination of existing and proven technologies, and by reviving a nuclear industry model based on the manufacture and multi-recycling of Mixed Oxide fuel, newcleo aims to close the nuclear fuel cycle while safely producing clean, affordable, and practically inexhaustible energy required for low carbon economies.

    With a EUR 50m group turnover in 2024, more than EUR 537m of private funding and over 90 partnerships and collaborations across the nuclear industry, the growth of the newcleo group is supported through the targeted acquisition of key companies with strong capabilities in nuclear engineering, manufacturing, and waste management.

    Through its workforce of over 850 highly qualified employees across France, the UK, Italy, Switzerland and Slovakia, newcleo is not only developing and delivering the skills and services required for the group’s own ambitious project timelines, but also supporting the development of Small Modular Reactor supply chains in Europe and beyond.

Corporate interactions BETA
Corporate TypeTweets Articles
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