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Rolls-Royce has been working on so-called nuclear microreactors for more than three years. The company said the reactors could provide energy for data centers, mining, and space missions.
The Rolls-Royce SMR, also known as the UK SMR, [1] is a small modular reactor (SMR) design being developed by the Rolls-Royce (RR) company in the United Kingdom. The company has been given financial support by the UK Government to develop its design.
A £9bn deal for nuclear submarine reactors has been agreed between the Ministry of Defence and Rolls-Royce - the biggest ever between the two. Defence Secretary John Healey announced the eight ...
These businesses had a revenue of $70 million and about 500 employees in 2018. Rolls-Royce is keeping its nuclear new build and small modular reactor (SMR) business in the UK. [56] In November 2020, the company announced plans to build up to 16 Rolls-Royce SMR nuclear plants across the UK, continuing its nuclear division operations. [57]
In 2025, the MoD awarded Rolls-Royce a £9 billion eight-year contract, named Unity, covering research, design, manufacture, and support for Royal Navy nuclear submarine reactors. Defence Secretary John Healey said "This investment in Britain’s defence will deliver a long-term boost to British business, jobs and national security." [34 ...
The company's position as the largest nuclear operator in the U.S. gives it a significant advantage in partnering with tech giants seeking stable, carbon-free power.
PRAGUE (AP) — The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several billion Czech crowns (hundreds of millions of dollars).
The nuclear energy boom is a story the market ran with. Then came a regulatory wrist slap that briefly stopped the nuclear energy stock rally in its tracks.