Steady Energy

Finnish developer of the LDR-50, a 50 MW thermal light-water reactor that makes district heat rather than electricity. It has agreements for 15 reactors with Finnish municipalities.

HQ FI LWRMicroreactor

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50 MWt↗Per module
2030↗First power target
Pre-licensingLicensing stage

Facts

Source per value
DesignThe company's lead reactor design name(s) as the company or its regulator names them; semicolon-separated when it markets more than one.
LDR-50 1
TypeReactor coolant/technology family. Gas-cooled fast is separated from thermal HTGR designs; sodium-cooled includes both fast and thermal-spectrum designs.
LWR 1
Size classDerived from published electric output per module: Micro is 20 MWe or less, Small is above 20 and up to 300 MWe, Medium is above 300 MWe. Legacy heat-only classifications use one third of thermal output as an explicit comparison convention, not a claimed electric rating.
Micro 2
MWe / module MWeNet (or gross where only gross is published) electric output of one reactor module as the company or its regulator publishes it. Null for heat-only designs.
Not published
MWt / module MWtThermal output of one reactor module as published by the company or its regulator.
50 2
FuelFuel form and enrichment class as published (for example LEU UO2, HALEU TRISO, fuel salt).
Not published
Licensing stageFurthest licensing milestone reached with any national regulator: Operating; Construction licensed (construction permit or licence issued); DOE test authorization (a test reactor authorized or built under the US Department of Energy, for example the Reactor Pilot Program or the DOME test bed); Construction under review (construction, site or creation application filed); Design approved (design certification, standard design approval or GDA completed); Design review (formal design review under way, such as UK GDA, CNSC vendor design review or a French safety-options review); Pre-licensing (pre-application engagement only).
Pre-licensing 1
RegulatorsNational regulators the company has formally engaged (NRC, CNSC, ONR, ASN, and others), semicolon-separated.
STUK 1
Licensing detailThe milestones behind the licensing stage, by regulator, with dates.
STUK published the summary of an international joint early review of the LDR-50 design in 2026; no plant licence application yet. 1
Latest milestoneDate of the milestone that sets the licensing stage (for example the day a construction permit was issued or an application docketed).
Not published
First siteLocation of the first-of-a-kind commercial or demonstration unit, with the owner or host.
Helsinki: non-nuclear pilot at the former Salmisaari B coal plant; agreements with Helsinki, Kuopio and Kerava 23
First powerYear the company or its host utility targets for first operation (criticality or commercial operation, as stated) of the first unit. A plan, not a guarantee.
2,030 2
OwnershipPublic (listed shares), Private (venture or privately held), Subsidiary (a unit or joint venture of a larger company) or State-owned.
Private 3
TickerExchange and ticker of the company or its listed parent.
Not published
ListedFirst trading day of the company's shares (or its listed parent's current ticker) on the exchange named in Ticker.
Not published
FundingHeadline funding: equity raised, public listing, government cost-share awards (DOE ARDP, GAIN, Great British Nuclear and others), with amounts and dates.
Not published
Data-center dealTrue when the company has a signed, announced agreement (PPA, framework, MOU, investment or capacity reservation) with a hyperscaler or data-center operator.
Not published
Data-center partnersHyperscalers and data-center operators the company has a signed or announced agreement with, semicolon-separated.
Not published
Data-center dealsWhat each data-center or hyperscaler agreement covers: partner, type of agreement, capacity and date.
Not published
HQCountry of the company's headquarters.
Finland 2
RegionHeadquarters region.
Europe 2

Sources

  1. NucNet: STUK joint early review of LDR-50 accessed 2026-11-11
  2. Finnish regulator assessment of LDR-50 accessed 2026-11-11
  3. Steady Energy commercial and funding milestones accessed 2026-11-11

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