newcleo
Developer of lead-cooled fast reactors, including marine propulsion work with Fincantieri.
Paris, France · Company
About
newcleo was launched in September 2021 and reports 645 million euros of private funding, a turnover of about 70 million euros in 2024 and a team of over 900 people. The registered office of newcleo SA is at 3 Place des Pyramides in Paris, and the group operates in over 19 locations across Europe, including France, Italy, Switzerland and the United Kingdom.
The company states that it has completed the preparatory phase of the licensing process with the French regulators and that its LFR technology was selected by the European Industrial Alliance on SMRs. The reactor design is protected by a portfolio of international patents.
newcleo pursues an acquisition strategy, bringing in companies with capabilities in nuclear engineering, manufacturing and waste management. Group companies named on the website include SRS, Fucina and Rütschi Group.
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