nuclear-news

Small reactors: cash flow alert for Newcleo, Europe’s largest nuclear start-up.

The company, which employs a thousand people, is burning through
too much cash. Its continued existence could be threatened without a new
round of financing.

But both private and public stakeholders remain
cautious. While waiting for fresh money, Newcleo is scaling back. Without a
new capital increase in the next twelve months, the company’s continued
existence is threatened, the Italian press reported in early August. The
articles, notably published in the business daily Il Sole 24 Ore , are
based on the findings of an audit of Newcleo’s 2024 accounts conducted by
KPMG, which La Tribune has seen.

The startup has notably abandoned its
ambitions in the United Kingdom, leading to the elimination of 150
positions. It also intends to reduce its engineering contracts with
external service providers.

 La Tribune 29th Aug 2025, https://www.latribune.fr/climat/energie-environnement/petits-reacteurs-alerte-sur-la-tresorerie-de-newcleo-plus-grosse-start-up-europeenne-du-nucleaire-1031500.html

September 5, 2025 - Posted by Christina Macpherson | business and costs, EUROPE, Small Modular Nuclear Reactors