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newcleo advances MOX fuel licensing in France and enters new collaboration phase with French authorities

GlobeNewswire Inc.·
newcleo advances MOX fuel licensing in France and enters new collaboration phase with French authorities

newcleo received a satisfactory safety opinion from French nuclear authority ASNR for its planned MOX fuel facility. The company has outgrown the France 2030 program scope due to significant capital raises and international expansion, including a planned NASDAQ listing via SPAC merger valuing it at $2.4 billion. France will continue supporting newcleo through licensing and regulatory assistance rather than direct funding.

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