newcleo, A Developer of Advanced Nuclear Reactors and Nuclear Fuel, to Become Public Company Through Business Combination with NewHold Investment Corp III
Newcleo Ltd. ("newcleo" or the "Company") is an established nuclear energy company developing advanced modular, lead-cooled fast reactors (LFRs) and mixed oxide (MOX) nuclear fuel from reprocessed nuclear materials.newcleo ranked as a leading advanced modular reactor company in Europe in an independent review by the OECD Nuclear Energy Agency, reflecting the maturity of its technology, fuel strategy, and project development progress.The proposed business combination is intended to accelerate newcleo's US growth strategy, including leveraging its established European projects as a foundation for execution and deployment.newcleo operates in seven countries, with over 900 employees and generate
