Nuclear Power Startup Newcleo to Go Public in SPAC Deal
London-based nuclear technology startup Newcleo announced plans this week to go public through a special purpose acquisition company (SPAC) merger, valuing the firm at approximately $2.4 billion. The move, disclosed on Tuesday, positions the company to accelerate the development of its lead-cooled fast reactors as global demand for carbon-free energy surges to meet the massive…