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A lead-cooled small modular reactor to deliver the next generation of clean energy.

Objective

Blykalla is developing a breakthrough innovation to decarbonise baseload energy supply. In the midst of a climate crisis, transitioning
away from fossil fuels is the number one global challenge. Clean and reliable energy is also a critical aspect of European energy
security and technological sovereignty, and demand has never been higher.
Our company was formed to radically challenge the way nuclear power plants are built, by making it possible to build faster and
cheaper, using fission for more purposes than electricity production, and making uranium a de facto renewable resource. Our
product, the Swedish Advanced Lead Reactor (SEALER), is an advanced small modular reactor (SMR) that is cooled by liquid lead.
Lead-cooled reactors have been used for 70+ years in submarines. However, we have made a number of novel, breakthrough
innovations that now make commercialisation of such reactors possible.
The market for building new nuclear power plants is expected to grow rapidly—approximately 5-6% p.a. from today's level of EUR 30
bn—for the next 20 years– reaching EUR 80 bn. We expect lead-cooled SMRs to hold a significant share of the nuclear power market,
but also to develop new markets for industrial use cases, such as nuclear-powered electrolysis. With an experienced team of 30+
people, critical intellectual property, strong partnerships, and a solid foundation of 25+ years of leading research, Blykalla is perfectly
positioned to take a significant market share of both existing and upcoming markets.
Blykalla is steadfastly committed to commercialising our breakthrough advancement within the strategic technology that nuclear
power is. Our vision is to build and sell 1,000 of these SMRs. If deployed, this will decarbonize Europe’s energy supply, support
industries, increase energy security, and the continent’s technological sovereignty. An investment from the EIC would be key in our
journey toward industrialisation.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC - HORIZON EIC Accelerator

See all projects funded under this funding scheme

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2024-ACCELERATOR-02

See all projects funded under this call

Coordinator

BLYKALLA AB
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 999,00
Address
VARVSGATAN 13
572 57 OSKARSHAMN
Sweden

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Södra Sverige Småland med öarna Kalmar län
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data
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