Newcleo's Industrial Strategy: Pioneering the Future of Nuclear Energy
Newcleo Leadership Team
“As global concerns about climate change continue to escalate, the quest for sustainable and clean energy sources has never been more pressing. Enter Newcleo – a forward-looking company ambitiously positioning itself at the forefront of nuclear technology development. Anchored by a strategic web of partnerships and acquisitions, Newcleo is poised to chart a transformative course in the realm of nuclear energy. ”
Less than two years since its launch, portoflio company newcleo is actively pursuing a targeted acquisition strategy that will incorporate key companies with strong capabilities in nuclear engineering, manufacturing and waste management.
Adding know-how, elements of supply chain support, consolidated skills, and strong track records will ground Newcleo’s industrial delivery and enhance the self-sufficiency of the company.
Let's delve into the four pillars underpinning this strategy.
R.S. Servizi Ricerche e Sviluppo (SRS)
With its diverse team of over 60 professionals, SRS has cemented its reputation in the engineering of comprehensive systems, spanning the entire process from design to final testing. Rooted in its history of contributions to chemical plants, petrochemical engineering, and both conventional and renewable energy, SRS has recently pivoted towards the expanding field of nuclear technology. Its areas of expertise now encompass nuclear decommissioning, waste management (including conditioning and storage), nuclear fuel cycle systems, and cutting-edge areas like fusion and Generation IV.
As a testament to its growing influence, SRS has been an instrumental player in 24 LFR projects, securing its place as the global frontrunner in reactor lead cooling technology.
Fucina Italia
Fucina Italia's evolution is nothing short of remarkable. Originating as an automation, steel, and naval structures manufacturer, it has metamorphosed into an industry leader in nuclear decommissioning, waste management, and liquid lead systems.
With a symbiotic collaboration with SRS, Fucina's global presence is felt in the delivery of plants, maintenance of industrial machines, and the intricate work of design, manufacturing, and assembly. Their expansive production area of approximately 20,000 m² (with 9,000 m² covered) and the extra land earmarked for further projects earmark Fucina as an indispensable production hub for Newcleo's ventures.
Fincantieri and RINA Partnership
July 2023 marked a pivotal moment with the forging of a tripartite alliance between Newcleo, Fincantieri, and RINA. The collaboration brings together Newcleo's innovative spirit, Fincantieri's stature as a global shipbuilding behemoth, and RINA's multifaceted capabilities in inspection, certification, and engineering consultation.
Central to this partnership is the exploration of the feasibility of integrating nuclear applications into the shipping sector, spotlighting Newcleo’s LFR-TL-30 design. This innovative reactor, tailored for naval propulsion, functions akin to a compact nuclear battery on ships, offering a 30 MW electric output. Its design promises infrequent refueling intervals, minimal maintenance, and hassle-free end-of-life replacements.
Rütschi Group
The Rütschi Group, consisting of Pompes Rütschi SAS and Rütschi Fluid AG, enriches the Newcleo ecosystem with its esteemed presence in the nuclear-grade pump domain. Since its inception in 1946, the Rütschi Group has flourished, boasting about 4,000 pumps operating in 150 nuclear reactors, predominantly across Europe.
With revenues touching EUR 22.3 million in FY 2022–23 and nearly 70 dedicated employees, the Group offers unparalleled prowess in nuclear engineering and manufacturing. Their two strategically positioned production facilities in Mulhouse and Möhlin encompass 5,000 sq m, with expansion potential, particularly in Mulhouse.
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In conclusion, Newcleo's industrial development strategy is a masterclass in synergistic collaboration and visionary planning. By interweaving the expertise of diverse industry stalwarts, Newcleo is not only bolstering its current standing but also lighting the way for the future of nuclear energy.
