Newcleo PLC is a nuclear technology company developing Generation-IV lead-cooled fast reactors, a class of small modular reactor that uses liquid lead as a coolant. The company's reactor designs are intended to operate using mixed-oxide (MOX) fuel derived by recycled nuclear materials, supporting a closed-fuel-cycle approach. It is developing a 200 MWe LFR and advancing MOX fuel manufacturing technology for use in its reactors and potentially other nuclear reactor platforms. It generates revenue through the manufacturing and installation of engineering facilities and equipment relating to the development of safe and clean energy, which includes manufacturing of storage facilities for nuclear waste, decommissioning plants, and activities of steelwork nature.