Emerald Horizon · United States · Slovakia · Austria

SMRX — Store energy today, generate it tomorrow.

From Austria: a carbon-free system consisting of a ready-to-use high-performance storage unit (DUALstore PLUS) and a thorium-based energy source currently under development (ADES)—container-based, modular, and suitable for use worldwide.

SMRX™: Clean baseload power for 8.5 cents/kWh. Lower energy costs for customers. Long-term, recurring cash flows for investors.

Powered by ADES—Accelerator-Driven Energy Source: Inherently safe due to the laws of physics and infinitely scalable thanks to its design.

Beyond Fossil · Beyond Nuclear · Beyond Limits
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The product

SMRX — stores energy today, generates it tomorrow.

SMRX is our energy system consisting of two components: the DUALstore PLUS storage unit, which is already available, and the ADES energy source, which we are currently developing for mass production. In the finished system, SMRX can not only store energy but also generate it itself in a CO₂-free manner—as heat and as electricity.

CALstore Titelbild 1
Module 1 · Market-ready

DUALstore PLUS

Modular hybrid storage system (5–100 MWh) that combines thermal storage and battery power. Optimizes existing energy through bankable 20-year contracts.

ADES Titelbild 1 scaled
Module 2 · Under development

ADES

Compact, thorium-based energy source (Accelerator-Driven Energy Source). It operates without a self-sustaining chain reaction, without weapons-grade material, and without long-lived nuclear waste—and turns storage into true self-generation. Currently in the prototype stage, completion in 2029—after which VDL will accelerate its development to production readiness.

The complete system: it stores and generates — high-temperature heat and electricity, container-based, deployable worldwide. The storage is available today; self-generation is added with ADES. Die 4 Arme des X sind:

Store heat · todayStore electricity · todayGenerate heat · with ADESGenerate electricity · with ADES

What the X means

More than just a letter

The “X” in SMRX stands for our approach—and for the technology behind it.

next generation

A new generation of energy production—not an evolution of traditional reactors.

Xternal Neutron Source

The neutrons come from outside, from an accelerator—not from an internal critical chain reaction.

from an Xcelerator

Inspired by medical technology: Neutrons are also generated using an accelerator in modern cancer treatment (a separate application, not part of Emerald Horizon). We use the same physical principle to generate clean energy.

Our Position

A Different Approach — Designed for Safety

We are from Austria, one of the most nuclear-skeptical countries in Europe. This skepticism is in our DNA—and that is precisely why we are developing an approach that is designed with safety as its top priority from the ground up.

Not traditional

We don’t operate like traditional nuclear SMRs: no self-sustaining chain reaction, no weapons-grade material, and no long-lived nuclear waste.

Can be turned off

The reaction continues only as long as the accelerator keeps it going—if the accelerator is shut down, the reaction stops. Safety is intended to be ensured by the physics of the process itself, not by additional emergency systems.

expertise from CERN

Our team draws on expertise in particle physics from the world’s leading research institutions.

Why Emerald Horizon

Substance, not promises

We aren’t reinventing physics—it has long been proven. Our job is to bring existing innovations to mass production. We’re working on this simultaneously across three areas— technical, regulatory, and economic —to deliver the best possible results to both customers and investors within realistic timeframes.
Taken as an independent course

The individual components of the technology have been tested at renowned research institutions such as CERN, the IAEA, ORNL, MYRRHA, and PSI.

A Strong Industrial Partner

VDL Groep (approximately 15,000 employees) works with us to develop and manufacture products—which shortens the path to a market-ready product.

State-funded since 2019

Seven years of development with minimal capital investment and regular audits (FFG) — proven research track record.

Within the EU timeframe

Small modular reactors and storage facilities are a key focus of EU energy policy—and we are developing solutions specifically within this funding framework.

Political tailwind

Small reactors and storage facilities are official EU policy

The course has been set—the question is no longer “if,” but “who will deliver it.”

350+

Members of the European Industry Alliance for Small Modular Reactors (SMR).

2025–29

The EU has adopted a strategic action plan comprising ten targeted measures.

2030s

Goal: to have the first such reactors in operation in Europe by the early 2030s.

Areas of application

Energy where it's needed

AI

AI & Data Centers

Off-grid baseload power right on site.

Industry

Heat, hydrogen & electricity for steel, aluminum, chemicals, cement, and food production.

Critical Infrastructure

Self-sufficient supply for vital facilities.

Emerging & Island Markets

Deployable even without a grid connection.
Water treatment via desalination plants

Transport

Ship propulsion (direct)
EV charging stations (on-site power generation)
Aircraft fuel (fuel production at the airport, e.g. hydrogen)

Outlook

Together with a cooperation partner, we are exploring whether the high-temperature heat from SMRX could in future also be used for hydrogen production — another field of application for CO₂-free energy.

Tier 1 partner

In good company

VDL Groep

Co-Development & Manufacturing

Haskoning

Nuclear Regulation

TU Graz

Science

Pillsbury LLP

US Regulation

PwC

Financial Advisory

FFG

Research Funding

Joanneum Research

Applied R&D

Group structure under development

Internationally positioned

Emerald Horizon is establishing an international structure that brings together research, regulatory affairs, and market development in key regions.

Austria

Emerald Horizon AG

Headquarters and research in Graz — the origin and center of the company.

Slovakia

Emerald Horizon SK

Located in a nuclear-friendly EU environment — designated for prototype and demonstration.

USA

Emerald Horizon USA

Access to the largest energy market and to the US regulatory framework.

Austria

Emerald Energy GmbH

Eigenständige Vertriebseinheit der Emerald Horizon AG — zuständig für Marktzugang, Kundenbeziehungen und die kommerzielle Vermarktung der Emerald Horizon Technologie.

In the media

Recognized & Awarded

Our work is gaining recognition—from international media to innovation awards.

BBC Earthshot Prize · Nominated in 2025
Spirit Start-Up Award
Red Bulletin Innovator
Future Zone
The Standard

Business Model

Two types of income, one approach

SMRX combines two income streams that are typically separate: steady, predictable income from storage today—and significant growth potential from energy generation tomorrow.

Today · DUALstore PLUS

Steady Income

Predictable, recurring revenue from leasing the storage units through long-term 20-year contracts. The solid, calculable foundation.

Tomorrow · ADES

Growth Potential

The significantly larger earnings potential from CO₂-free energy generation — it grows with every additional installed module.

Energy as a Service

Our model is called Energy-as-a-Service: the customer does not buy an expensive plant but pays only for the energy delivered. This significantly lowers the barrier to entry — and helps us bring new technologies to market faster: first the storage, then step by step the complete SMRX system.

The world needs us.

Decentralized, clean, and scalable energy systems foster not only the economy but also social advancement and stability in the regions concerned.

Prof. Robert Holzmann

Vice President · Former Governor of the Austrian National Bank

The company

Team & Partner

Our team and our partners are at the heart of Emerald Horizon AG. Experts from different fields work together to create a sustainable, secure future.

Career

Become part of our team and work with us on groundbreaking developments. Apply now and become part of the change! Together we develop sustainable technologies that will shape the world of tomorrow. We are looking for your expertise and passion.

Invest

Invest in a company with growth potential and, at the same time, in a more environmentally friendly future.

Press

Discover where we have already been mentioned in the media! You can find the latest press clippings in our press area.

Science Links

Find links to scientific articles about the technologies we use.

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