Collaboration in the nuclear pumps sector: Rütschi joins Newcleo

Startup Newcleo acquires Rütschi, an expert in nuclear pumps, to implement its innovation strategy in the development of 4th generation reactors using nuclear waste.

Share:

Newcleo, the Italian-English-French nuclear startup, announced on Monday that it had acquired the Franco-Swiss nuclear pump group Rütschi from the Italian Gruppo Aturia, a subsidiary of the Indian group WPIL limited, for some 68.8 million euros.

Newcleo acquires Rütschi to boost innovation in nuclear pumps

With Rütschi, Newcleo intends to implement “its industrialization strategy” to enable “the direct manufacture of key components” for its future 4th-generation nuclear reactors using nuclear waste as fuel, says the company, which was founded in 2021, in a statement.

The transaction is expected to close “in the last quarter of 2023” and is “subject to customary closing conditions”, the release adds.

Rütschi, founded in 1946 in Brugg, Switzerland, and acquired by Gruppo Aturia in 2006, produces centrifugal coolant pumps for nuclear applications, which are in service in some 150 reactors, mainly in Europe. Its two production sites are located in Mulhouse, France and Möhlin, Switzerland.

Rütschi’s engineering capabilities “will help accelerate the development of our Lead Fast Reactor (LFR)”, said Newcleo.

Major investment: Newcleo announces 3 billion euros for the development of nuclear energy in France

The start-up hopes to deliver its first 30 MW prototype by 2030. Construction could take place in France, Newcleo pointing out that Rütschi’s Mulhouse plant offers “the possibility of expansion”. Newcleo’s ambition is to play a part in the renewal of the nuclear industry in Europe, betting on small lead-cooled SMR-type fast neutron reactors and using nuclear waste as fuel, also applicable to the maritime transport sector.

In France, Newcleo is also planning to build a pilot plant for the manufacture of innovative MOX fuels from recycled spent nuclear materials, the press release states. Some of these technologies stem from the Superphénix breeder reactor project, abandoned by France in 1997. In May, the startup announced a €3 billion investment plan in France over the period 2025-2030.

In July, Newcleo teamed up with shipyards Fincantieri and Rina (ship certification) to develop mini-nuclear reactors for merchant ships.

  • Populaires ​
United States selects Westinghouse and Radiant to test their nuclear microreactors
TotalEnergies sells 50% of its renewable assets in Portugal for €178.5mn
Rio Tinto: five strategic priorities to close a 40% valuation discount
EDF postpones restart of Flamanville EPR to August 13
Ardian completes Akuo takeover and installs Bruno Bensasson at the helm
Canada: CCSN approves the ARC-100 reactor design review
The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
Lithuanian nuclear operator SE Ignalina signs agreement with Newcleo
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Egypt: Supplementary agreements signed for the El Dabaa nuclear power plant
Egyptian President Abdel Fattah al-Sisi oversaw the signing of new agreements for the construction of the El Dabaa nuclear power plant, thus strengthening the strategic cooperation between Egypt and Russia.
Vistra obtains approval to extend Perry nuclear plant operations
Vistra Corp receives green light to extend Perry nuclear plant operations in Ohio by 20 years, securing regional electricity supply until 2046 and ensuring operational continuity for all its nuclear reactors in the United States.
EDF injects €1.3 billion into Sizewell C, its second British EPR
EDF will hold a 12.5% stake in the Sizewell C nuclear project in the UK, a €1.3 billion investment announced during Emmanuel Macron’s official visit to London, confirming the strategic nuclear energy alignment between the two countries.
France: Cigéo nuclear waste underground storage project makes significant progress
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
NANO Nuclear signs strategic agreement with UrAmerica on Argentine uranium
NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.
SHINE and Standard Nuclear form strategic partnership on recycled fuel
American companies SHINE Technologies and Standard Nuclear partner to recycle uranium and plutonium, supplying advanced fuel to the nuclear reactor sector and enhancing the national energy security of the United States.
Floating nuclear power plants evaluated to supply Mediterranean regions
The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.
Lithuania explores nuclear option with small modular reactors
Lithuania establishes a working group tasked with assessing the feasibility of modular nuclear reactors to meet electricity demand estimated at 74 TWh by 2050.
Framatome wins two major contracts to extend Belgian nuclear operations
Framatome has secured two significant contracts from Electrabel covering modernisation and technical support for the Tihange 3 and Doel 4 nuclear reactors, as part of their extension agreed upon between Engie and the Belgian government.
Egypt accelerates El-Dabaa national grid connection for 2026
Cairo is stepping up connection works for the planned 4,800 MW El-Dabaa nuclear plant, developed with Rosatom, to feed the grid from 2026 with output equal to about seven % of national electricity.
GE Vernova and Fortum launch major nuclear project in Scandinavia
GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.
Energy Fuels extracts 638,700 pounds of uranium at Pinyon Plain mine
Energy Fuels Inc. announced record production of 638,700 pounds of uranium during the second quarter of 2025 at its Pinyon Plain mine in Arizona, significantly surpassing initial site performance forecasts.
Argentina and Peru strengthen cooperation in civil nuclear sector
Argentina and Peru have signed an agreement expanding their scientific and technological cooperation in the civil nuclear field, including joint research projects and specialised training programmes for future development.
World Bank resumes nuclear financing after decades of absence
After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.
Seoul approves definitive decommissioning of South Korea’s first nuclear reactor
South Korea's Nuclear Safety and Security Commission officially validates the decommissioning of reactor number one at the Kori plant, initiating an unprecedented project for the national industry scheduled to last until 2037.
EnCore Energy raises uranium output and hails Texas nuclear reforms
Uranium producer enCore Energy surpasses three thousand pounds per day at its Alta Mesa ISR complex and sees three new Texas laws as a strong signal for faster nuclear production permits.
IAEA Confirms Concerns About Iranian Enriched Uranium Stockpile
The International Atomic Energy Agency expresses concerns over Iran’s enriched uranium stockpiles following the abrupt suspension of inspections at key sites disrupted by recent attacks whose consequences remain uncertain.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING