Articles from Steady Energy Oy

Helsinki, July 01, 2025 (GLOBE NEWSWIRE) -- Finnish nuclear technology company Steady Energy announces the successful completion of its €32 million funding round and will now begin constructing a full-scale pilot plant. With preliminary agreements secured for 15 reactors in Finland and a potential to deliver dozens of reactors in the European Union, Steady Energy is on track to deploy the world’s first commercial nuclear heating plants in the early 2030s. 

Finnish nuclear innovator Steady Energy announces a €22M funding milestone led by 92 Ventures, a Copenhagen-based nuclear-focused investment firm. The investment underscores private-sector confidence in Steady Energy and its breakthrough reactor design which will deliver affordable, zero-emission heat to Europe and beyond.

Helsinki, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Helsinki and Brussels – Tractebel, a global engineering company leading innovation in advanced nuclear technologies, will assist Steady Energy, a pioneer in Small Modular Reactor (SMR) technology development, in its LDR-50 nuclear reactor design and licensing process.

Helsinki, Finland – Finnish nuclear start-up Steady Energy is set to start construction of its first small modular nuclear (SMR) pilot plant in Finland next year. Potential sites include the Finnish capital Helsinki and two other cities. CEO Tommi Nyman emphasizes the project’s pivotal role in achieving Finland's carbon-neutral goals. The construction of the first operational plant is projected to begin by 2028, with the first unit expected to be operational by 2030.