Newcleo
Newcleo is an atomic energy company that focuses on developing advanced nuclear energy technologies.
About
Newcleo, established in 2021, is an atomic energy company dedicated to developing advanced nuclear energy technologies. The company aims to revolutionize nuclear power by focusing on innovative solutions, including the design, construction, and operation of advanced modular reactors (AMR).
Newcleo's work encompasses the development of small modular reactors (SMRs) that are specifically designed to be cooled by liquid lead. Beyond reactor technology, Newcleo is also involved in MOX fuel manufacturing and provides full-service nuclear Engineering, Procurement, and Construction (EPC) capabilities.
Financial History
Newcleo has raised $88.6M across 1 funding round.
Frequently Asked Questions
What specific type of advanced nuclear reactors is Newcleo developing?
Newcleo is focused on developing advanced modular reactors (AMR), specifically small modular reactors (SMRs) that are designed to be cooled by liquid lead.
What services does Newcleo provide beyond reactor design?
Newcleo's offerings extend to MOX fuel manufacturing, research and development, and full-service nuclear Engineering, Procurement, and Construction (EPC) capabilities.
Why did Newcleo establish its headquarters in Paris, France?
Newcleo relocated its headquarters to Paris to strategically position itself to secure further investments and grants from European institutions and investors.