Slovakia has sought to leverage its strategic location, skilled workforce, and strong industrial base to become a hub for critical and emerging technologies in Central Europe. For U.S. investors and technology companies, Slovakia offers not only a gateway to the European Single Market but also concrete opportunities across sectors such as EV Battery Production, Advanced Nuclear Energy Technologies and Autonomous Systems and Robotics, Advanced Manufacturing & Additive Manufacturing, and Financial Technologies.
Renewable Energy Generation and Storage
Slovakia is developing EV battery production and energy storage capacity. A USD 1.3 billion gigafactory—developed by Slovak company InoBat and China’s Gotion High-Tech—is set to launch by 2027 with 20 GWh output and plans to expand to 40 GWh. The joint venture will also produce energy storage systems and mobile EV charging units, supporting grid flexibility and clean mobility. Slovakia also began pilot battery cell production in 2024, becoming one of the few EU countries with local battery IP and manufacturing.
Slovakia plans to expand its solar energy capacity, with a number of new major photovoltaic (PV) projects. This growth is driven by substantial foreign and domestic investment, aiming to increase the country’s solar capacity more than ten times by 2030, a goal supported by EU recovery funds and national incentives.
A key player in this expansion is the French energy investor, Voltalia, which is planning to develop 50 solar parks across Slovakia with a total capacity of 400 MW by 2027. This includes major projects like a 44.2 MW plant near Veľký Blh and an 11.3 MW plant near Chotín, both strategically located on low-quality land. Another significant investor is the Austrian company Enery, which is moving forward with a EUR 60 million investment in two large-scale PV parks near Rimavská Sobota and Tornaľa. Each plant is planned to have a 48 MW capacity.
Additionally, Slovak companies are contributing to this growth. The energy supplier SPP is actively commissioning new solar plants, and the steel company Železiarne Podbrezová is constructing what it calls the largest rooftop PV plant in Slovakia, a EUR 3 million investment aimed at reducing its grid dependence. While JESS (Jadrová energetická spoločnosť Slovenska, a.s.) is primarily known for its involvement in nuclear energy projects, particularly the preparation for a new nuclear power plant, their scope has expanded to include renewable energy sources. Specifically, JESS is advancing plans to build a PV power plant with an installed capacity of 10.25 MW alongside a new green hydrogen electrolyzer.
In July 2025, Echogen Power Systems and Westinghouse Electric Company signed a memorandum of understanding with state-owned hydropower operator Vodohospodárska Výstavba to explore developing Europe’s first grid-scale pumped thermal energy storage (PTES) facility in Slovakia.
With government support and a streamlining of permitting processes, these planned projects mark a new and ambitious chapter for Slovakia’s energy sector, bringing it closer to its clean energy targets.
Key U.S. opportunities:
- Battery tech collaboration (chemistry, cell design, AI-driven optimization).
- ESS systems, smart grid integration & circular battery solutions.
- Advanced manufacturing equipment, supply chain integration.
- Advanced PV panels with high-efficiency, thin-film modules.
- Inverters and energy management systems.
- Energy storage and battery systems to store excess solar energy, ensure grid stability, and provide power for hydrogen production.
- Mounting and racking systems, including innovative solar trackers that follow the sun’s movement to maximize energy production.
- Project development and technical advisory services
- Training, R&D partnerships, and infrastructure co-development
Slovakia’s strong automotive base, public incentives, and innovation-driven approach offer a robust platform for U.S. companies in the energy transition space.
Advanced Nuclear Energy Technologies
Slovakia is expanding its nuclear energy capacity and actively seeking U.S. technology and investment. A new 1,250 MW reactor is planned at Jaslovské Bohunice, with Westinghouse as a leading contender to supply the technology. The government has announced plans to select a construction partner and a financing structure by 2027. Slovakia is also pursuing Small Modular Reactors (SMRs) and advanced reactor technologies.
Key U.S. opportunities:
- Reactor design, construction & project delivery.
- Nuclear fuel supply & VVER-compatible alternatives.
- SMR feasibility, licensing, and R&D partnerships.
- Support services: engineering, safety, fuel cycle & waste management.
Slovakia’s strong political will, EU funding, and efforts to reduce a legacy reliance on Russian technology make it a strategic market for U.S. civil nuclear engagement.
Autonomous Systems, Robotics & Uncrewed Systems
The ELEVATE Slovakia initiative is a national effort to develop and test autonomous technologies, including drones and self-driving vehicles, in real-world conditions. In 2025, Slovakia’s ELEVATE initiative is driving a national push to advance innovation in Autonomous Systems, Robotics, and Uncrewed Systems, creating strong entry points for U.S. companies. With support from the EU and a government committed to digital transformation and defense modernization, Slovakia is fostering an environment ripe for international collaboration. U.S. firms can find opportunities in joint R&D, manufacturing partnerships, smart factory automation, defense applications, and supply chain integration.
U.S. Opportunities:
- Collaborate on autonomous vehicle and drone development.
- Participate in pilot projects and regulatory testing.
- Invest in infrastructure for autonomous systems integration.
Advanced Manufacturing & Additive Manufacturing
Slovakia aims to transition from traditional assembly to advanced manufacturing, emphasizing automation, robotics, and Industry 4.0 technologies. Companies like SVI in Liptovský Hrádok exemplify this shift with their end-to-end electronic manufacturing services.
U.S. Opportunities:
- Collaborate in automation, robotics, and smart factory solutions.
- Invest in additive manufacturing technologies and training programs.
- Partner in supply chain optimization and digital transformation initiatives.
Supercomputing
Slovakia is in early stages of developing several supercomputing projects, high-performance computing, as well as data center infrastructure. The Tatra Supercompute project, set to run on NVIDIA chips, is focused on building a scalable and modular AI supercomputer. It aims to be a next-generation facility for AI and accelerated computing, powered by Slovakia’s clean nuclear energy. This initiative is seen by the Slovak government as a key opportunity to transition the economy to a knowledge-based, AI-driven model.
U.S. Opportunities:
- Advanced computing hardware.
- Networking and interconnects.
- Data storage systems.
Financial Technologies
Slovakia’s Fintech Hub, supported by Mastercard Europe and Vacuumlabs, fosters innovation in digital finance and payment solutions.
U.S. Opportunities:
- Partner in the development of digital payment platforms.
- Invest in fintech startups and innovation labs.
- Collaborate on regulatory technology and financial inclusion initiatives