Paris – Otrera Nuclear Energy, a startup specializing in next-generation reactors, is proud to announce the signing of the contract confirming the Commissariat à l’énergie atomique (CEA)’s equity investment, confirming the spin-off operation announced in April.
Founded by Frédéric Varaine and Nicole Fortunet, both recognized nuclear experts, Otrera Nuclear Energy represents a new stage in France’s energy industry. Leveraging their experience and expertise within the CEA, where Frédéric notably led the Astrid project, they decided to create Otrera to bring to life their vision of an excellent nuclear sector.
Otrera Nuclear Energy aims to develop a 300 MW thermal fourth-generation nuclear reactor, offering sustainable energy solutions, enhanced sovereignty, and increased competitiveness for France and Europe. With a resolute commitment to safety and innovation, Otrera strives to push the boundaries of nuclear technology to meet the climatic and energy challenges of the century.
Frédéric Varaine, founder of Otrera, states:
We are delighted to launch Otrera Nuclear Energy and to continue our mission of providing clean and sustainable nuclear energy. By leveraging our experience within the CEA, we are confident that our fourth-generation reactor will have a significant impact on the global energy transition.
Nicole Fortunet, co-founder of Otrera and expert in reactor techno-economics, adds:
We firmly believe in the importance of developing an excellent nuclear sector that guarantees our country’s energy sovereignty. Otrera Nuclear Energy is determined to be a major player in this transformation and to shape the future of nuclear energy.
Otrera has also submitted a funding application under the “Innovative Reactors” call for projects from the Public Investment Bank (BPI). A hearing was organized on Wednesday, June 28, by the institution to determine the project’s credibility. As part of its funding application, Otrera is confident in obtaining the necessary resources to realize its ambitious project. The objective is to build a state-of-the-art, efficient, and sustainable fourth-generation nuclear reactor, utilizing best practices and adhering to the highest safety standards.
About Otrera Nuclear Energy: Otrera Nuclear Energy is a company specializing in the development of a fourth-generation nuclear reactor. Founded by experts from the Commissariat à l’énergie atomique (CEA), Otrera is committed to providing sustainable, safe, and competitive nuclear energy. Through an innovation-driven approach and a commitment to excellence, Otrera aims to address current energy and climate challenges. For more information about Otrera Nuclear Energy and to