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British engineering group Rolls-Royce has announced the establishment of a new business - Rolls-Royce SMR Limited - for the deployment and commercialisation of its small modular reactor (SMR) technology. The announcement follows the securing of GBP210 million (USD285 million) in funding from the UK government, matched by more than GBP250 million of private investment.
- Source: World Nuclear News
- Date: Wednesday, 10 November 2021
- Original article: world-nuclear-news.org/Articles/Rolls-Royce-secures-funding-for-SMR-deployment