Studsvik is broadening its business to include development of new reactor projects through the acquisition. Kärnfull Next works on developing projects for small modular reactors. According to sources, Kärnfull Next has built relationships with reactor suppliers, municipalities, investors, and decision-makers as Sweden prepares for a new generation of nuclear power projects.
The specific small modular reactor projects Kärnfull Next is currently developing have not been disclosed. Kärnfull Next is one of the companies that has previously shown interest in building SMR reactors on Studsvik's area outside Nyköping. 5 million euros.
Kärnfull Next's experience in developing new reactor projects, combined with Studsvik's technical capacity, creates a strong platform for continued growth.
" Kärnfull Next's founders are also joining Studsvik's group management in connection with the deal. The impact of the acquisition on Studsvik's existing operations and financial performance remains unclear. Regulatory approvals required for the deal to be completed have not been specified.