January, 2026
Mimir is pleased to announce that portfolio company Recion has been selected as technology partner to supply the reactor module for Steady Energy’s LDR-e small modular reactor (SMR) pilot facility.
The agreement marks a significant milestone for both companies and positions Recion at the core of one of Europe’s most advanced SMR heat-production projects. Under the collaboration, Recion will deliver the complete reactor module which is one of the most critical components of the plant, and will also play a central role in reactor design for Steady Energy’s future projects beyond the pilot phase.
The partnership strengthens Steady Energy’s EU-based supply chain and contributes to increased security of supply. While several European material and manufacturing partners are involved in the pilot, Recion will carry full responsibility for the reactor delivery.
Reactor manufacturing is scheduled to begin this spring.
“This marks the first major milestone in the construction of our pilot plant. Recion has a long history in Finnish nuclear energy and represents the very best of domestic expertise,” says Hannes Haapalahti, Chief Technology Officer, at Steady Energy.
“Being selected as reactor supplier for the LDR-e pilot is a strong validation of our technology and our team. We are proud to contribute our deep nuclear expertise to a project that has the potential to fundamentally change how industrial heat is produced across Europe,” says Andreas Berglund, CEO of Recion.
For Mimir, the collaboration underlines the strategic value creation potential in Recion’s technology platform and reinforces its position as a leading European provider of advanced reactor solutions for the energy transition.
