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NewCleo, the Italian nuclear nugget

2022-06-20T15:24:39.568Z


The start-up, which wants to build a small reactor on the SuperPhenix model, has already raised 300 million.


Usually nuclear is a long time industry.

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Its objective is very ambitious: to develop and build new-generation small and medium-sized nuclear reactors (known as SMRs), as well as the manufacturing plant for their fuel.

“Now is the right time to change the paradigm in nuclear and develop a new technology that can effectively address the three major problems of this industry – costs, safety and waste – in a sustainable way”

, argues Stefano Buono, founder and CEO of Newcleo.

The funds raised to date place the young Italian shoot among the best endowed nuclear start-ups, far exceeding the ambitious French nuggets Jimmy Energy and Naarea.

Stefano Buono is not one…

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Source: lefigaro

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