Nuclear energy company Newcleo has entered an agreement to list on the Nasdaq stock exchange through a merger with NewHold Investment Corp III, the firm founded by Italian physicist Stefano Buono said on Wednesday.
Newcleo is developing advanced modular lead-cooled fast reactors and nuclear fuel from reprocessed nuclear material. It will work with Sam Altman-backed Oklo Inc. on a programme launched by the U.S. Department of Energy to explore the potential use of the country's Cold War-era plutonium as nuclear reactor fuel.
