BLYKALLA AWARDED €17,5M BY THE EIC ACCELERATOR

Blykalla secures €17.5M in EIC Accelerator Funding for its Small Modular Reactor.

We have supported Blykalla in securing funding to advance their work on their Small Modular Reactor (SMR). This investment reflects the European Commission’s growing recognition of nuclear energy as a critical component of the transition to a stable, low-carbon energy system.

As Europe seeks to strengthen energy security, decarbonization, and grid resilience, SMRs present a viable solution by:

✔ Reducing construction costs and timelines through modular designs
✔ Enhancing safety with advanced passive cooling systems
✔ Supporting decentralized energy production, reducing reliance on large-scale infrastructure

The European Commission’s decision highlights the increasing role of nuclear technology in European energy policy. While challenges remain in deployment and regulation, this funding signals an openness to exploring advanced nuclear solutions as part of a broader clean energy mix.

At MEU Consulting, we work with deep-tech innovators to secure the funding necessary for high-impact technologies. The support for Blykalla is a step towards ensuring that critical energy innovations receive the resources they need to scale.