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In March 2021, the government's defence paper Defence in a Competitive Age committed to funding the SSNR project. [16] This was followed in September 2021 by an investment of £170 million by the government in the form of two £85 million contracts to BAE Systems and Rolls-Royce Holdings for early design work on the SSNR.
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.
There were 4 types of traditional apprenticeship: craft, technician, higher technician, and graduate. Craft, technician and higher technician apprenticeships usually took 4 to 5 years while a graduate apprenticeship was a short 2-year experience usually while at university or post graduate experience.
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 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.
2020: Westinghouse acquires U.K. Inspection Consultants Limited (InCon) [43] and Rolls-Royce’s nuclear services division. [44] 2021: Westinghouse acquires Canadian firm Laveer Engineering; [45] Westinghouse acquires 50% of Tecnatom. [46] 2022: Westinghouse acquires BHI Energy [47] 2023: Acquisition by Brookfield Renewable Partners and Cameco.
It was created as a joint company in 1954 with the name Rolls-Royce and Associates; the associates being Vickers, Foster Wheeler and later Babcock & Wilcox. It changed its name on 15 January 1999 to Rolls-Royce Marine Power Operations Limited and is part of the marine business of Rolls-Royce plc.