Steady Energy, a Finnish nuclear tech company, completed a €32M funding round to advance its LDR-50 reactor project. The funding will support constructing a pilot plant at a decommissioned coal plant in Helsinki, demonstrating core safety features. The company plans to enhance its team, accelerate design work, and expand sales into Sweden and Poland. With preliminary agreements for 15 reactors in Finland, Steady Energy aims to deploy simple, emission-free heating solutions and deploy the first commercial nuclear heating plants by the early 2030s.
Steady Energy, a Finnish nuclear tech company, aims to transform the heating industry with its LDR-50 reactor, designed for affordable, emission-free heating applications.
The company plans to construct a pilot plant at a decommissioned coal facility in Helsinki to demonstrate the reactor's core safety features and conduct supply chain testing.
Steady Energy has secured preliminary agreements for up to 15 reactors in Finland and sees potential for dozens more across the EU.
Founded in 2023, the company aims to deploy the world's first commercial nuclear heating plants by the early 2030s, featuring walk-away passive safety mechanisms.
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