skip to main content
  • Global
    • China
    • Japan
    • Germany
    • North America
    • South East Asia
    • United Kingdom
    • India
    • Korea
    • Hungary
    • Arabic
    • Brazil
    • Global contacts
Menu
  • Innovation
    • Alternative fuels
      • Hydrogen
    • Climate-tech centre
    • Small modular reactors
    • Novel Nuclear
      • Micro-Reactor
    • UltraFan
    • Digital
      • Digital Platforms
      • Digital Twin
    • The Aletheia Framework®
    • ACCEL
  • Products & Services
    • Civil Aerospace
      • Sustainability
      • Purchase Parts & Services
      • Services
        • Passenger
        • Freighter
        • Lessors
        • Business
        • Other Customers
      • Aircraft Transitions
      • Widebody
        • Power of Trent
          • Capable & Versatile
        • Trent 7000
        • Trent XWB
        • Trent 1000
        • Trent 900
        • Trent 500
        • Trent 800
        • Trent 700
        • RB211-524G/H & -T
      • Narrowbody & Regional
        • AE3007
        • BR715
        • RB211-535E4
        • Tay 620 / 650
      • Business Aviation
        • Pearl 10X
        • Pearl 700
        • Pearl 15
        • AE 3007
        • BR710
        • BR725
        • Tay
      • Helicopters
        • M250 turboshaft
        • RR300
        • M250 turboprop
      • Future products
      • Testing capabilities
        • Access our testing capabilities
        • Testbed facilities
    • Defence
      • Power for Future Combat Air
        • Net Zero for Future Combat Air Systems
        • Tempest
        • Orpheus
        • Developing the Next Generation
      • Digital FIRST
      • Energy Transition for Defence
      • Advanced Technology
        • LibertyWorks
        • FLRAA
      • Aerospace
        • Combat Jets
          • F130
          • Rolls-Royce LiftSystem®
          • EJ200
          • Adour
          • RB199
          • Pegasus
        • Rotary
          • AE 1107C
          • CTS800
          • MTR390
          • M250 Turboshaft
        • Transport, Tanker, Patrol & Tactical
          • AE 2100
          • AE 1107C
          • AE 3007
          • Trent 700 MRTT
          • TP400-D6
          • BR710
          • T56
          • CTS800
          • M250 Turboprop
          • T56 3.5 Enhancement
        • Trainers
          • Adour
          • M250 Turboprop
        • UAVs
          • AE 3007
          • M250 Turboshaft
          • Adour
        • Distributed Generation Systems
      • Naval
        • Gas Turbines
          • MT30 Marine Gas Turbine
          • AG9160 Generator Set
          • AG9140 Generator Set
          • MT7 Marine Gas Turbine
        • Diesel Engines
          • Power Systems
        • Propulsion
        • Naval Handling Systems
        • Naval Support & Services
        • Distributed Generation Systems
      • Submarines
      • Land
        • Distributed Generation Systems
      • Services
        • ACE
        • TwinAlytix®
    • Power Systems
      • Power Generation Solutions
      • Marine
      • Governmental
      • Power Systems Sustainability
    • Electrical Aviation
      • Our Electrical power & propulsion portfolio
      • Our Capability
  • About
    • Our Strategy
    • Leadership
      • Board
      • Executive Team
      • Corporate governance
    • Where We Operate
    • Our Research
      • Advanced Manufacturing Research Centres
      • Research and University Technology Centres
      • Rolls-Royce Cybersecurity Technology Research Network
    • Our Businesses
    • Our History
    • Heritage Trust
      • Visit
        • Our Heritage Centres
        • Heritage Trust - Bristol
        • Heritage Trust - Coventry and Ansty
        • Heritage Trust - Derby and Hucknall
        • Heritage Trust - Indianapolis
        • Heritage Trust - Scottish branch
      • Become a member
      • Volunteer
      • Learn and explore
      • What's on
      • Contact the Trust
      • Member's Section
        • The Magazine
        • News & Insights
        • Members' events
        • R-RHT Documents
  • Contact us
    • Inventors & technology licensing
    • Defence aerospace business team
    • Defence team
    • Corporate sustainability team
    • Heritage team
    • Helicopters team
    • Pensions team
  • Country sites
    • Como nos comportamos importa
      • Home
      • Rolls-Royce no Brasil
    • Rolls-Royce no Brasil
    • 日本
      • ホーム
      • ロールス・ロイスについて
        • ロールス・ロイスについて
        • サステナビリティ
        • ビジネス戦略
        • 日本で60周年
      • 日本のパートナー
        • 日本企業との協業
        • 研究開発
      • 製品とサービス
        • 民間航空
        • 防衛
        • パワーシステムズ
        • エレクトリカル
        • SMR
      • ディスカバー
      • お問い合わせ
      • 採用情報
    • 罗尔斯-罗伊斯 - 推进飞行新方式
      • country-landing-navigation
    • Rolls-Royce - Powering New Ways to Fly
      • country-landing-navigation
    • Rolls-Royce Hungary
      • Home
      • Careers
      • Discover
    • Rolls-Royce Magyarország
      • Főoldal
      • Karrier
      • Történeteink
      • Támogatott kezdeményezések
    • Rolls-Royce North America
      • Home
    • Deutschland
      • Home
      • Überblick
      • Nachrichten und Geschichten
        • Nachrichten
        • Geschichten
      • Karriere
        • Werde Teil des Teams in Dahlewitz bei Berlin
        • Talent Community
        • Ausbildung
        • Direkteinstieg
          • Direkteinstieg
          • Direkteinstieg
        • Praktikanten und Werkstudenten
        • Karriere bei Rolls-Royce Electrical
        • Schülerpraktika
        • Tag der Ausbildung
        • Termine
      • Kontakt
    • India
      • Home
      • Partners in progress
        • Our people
        • Engineering
        • Manufacturing & supply chain
      • Products & Services
        • Civil Aerospace
        • Defence
        • Power Systems
      • Sustainability
        • Our approach
        • Our community programmes
      • Contacts
      • Careers
    • 首页
      • 首页
      • 罗罗在中国​
      • 民用航空​
      • 动力系统
      • 电动飞行
      • 加入我们
    • 대한민국
      • 롤스로이스 소개
        • 연구개발
        • 롤스로이스 역사
        • 세계속의 롤스로이스
      • 롤스로이스 코리아
      • 이노베이션
      • 해군 분야
        • 함정용가스터빈
          • MT30 함정용 가스터빈
          • MT7 함정용 가스터빈
          • AG9160 발전기
          • AG9140 발전기
        • 파워시스템
        • 추진시스템
        • 함정 진회수 시스템
        • 전기, 자동화 및 제어
      • 전기화 분야
      • 미디어
      • 연락처
    • South East Asia
      • Our stories
      • Our locations
        • Singapore
        • The wider South East Asia
      • Community
      • Careers
    • Arabic
      • عن الشركة
      • الحلول والخدمات
        • قطاع الطيران المدني
        • الدفاع
        • أنظمة الطاقة
        • الكهرباء
      • الابتكارات
        • رولز-رويس التكنولوجيا والفضاء
        • رولز-رويس إس إم آر
        • معامل بيانات آر2
      • الاستدامة
      • تواصلو معنا
  • Sustainability
    • Our approach to decarbonisation
      • Becoming a net zero carbon company
        • Our emissions footprint
      • Decarbonising complex and critical systems
      • Creating an enabling environment
      • Materiality
    • Ethics and compliance
    • Our people
    • Engineering and innovation
    • Operations and facilities
    • Our Stakeholders
    • Cyber Security
    • Performance
      • Reporting approach
      • Target progress
      • Data charts
  • Investors
    • Investor Centre
      • Share price
      • Analyst consensus
    • Capital Markets Day
      • Civil Aerospace
      • Defence
      • Power Systems
      • Small Modular Reactors
    • Why Rolls-Royce?
    • 2023 Full Year Results
    • Regulatory news
    • Results, reports and presentations
      • Financial Results
      • Annual Report 2023
      • Annual Reports archive
    • Financial calendar
    • Corporate governance
    • Shareholder information
      • General Meetings
        23 May 2024
      • General Meeting archive
      • Payments to shareholders
      • Manage your shareholding
      • Registrar
      • Shareholder fraud warning
      • FAQs
    • Debt Securities
    • Rights issue
    • Investor contacts
  • Media
    • Company announcements
    • Trade press releases
    • Our stories
    • Press releases
    • Social
    • Contacts
  • Careers
  • Global
    • China
    • Japan
    • Germany
    • North America
    • South East Asia
    • United Kingdom
    • India
    • Korea
    • Hungary
    • Arabic
    • Brazil
    • Global contacts
  • Innovation
    • Alternative fuels
      • Hydrogen
    • Climate-tech centre
    • Small modular reactors
    • Novel Nuclear
      • Micro-Reactor
    • UltraFan
    • Digital
      • Digital Platforms
      • Digital Twin
    • The Aletheia Framework®
    • ACCEL
  • Products & Services
    • Civil Aerospace
      • Sustainability
      • Purchase Parts & Services
      • Services
        • Passenger
        • Freighter
        • Lessors
        • Business
        • Other Customers
      • Aircraft Transitions
      • Widebody
        • Power of Trent
          • Capable & Versatile
        • Trent 7000
        • Trent XWB
        • Trent 1000
        • Trent 900
        • Trent 500
        • Trent 800
        • Trent 700
        • RB211-524G/H & -T
      • Narrowbody & Regional
        • AE3007
        • BR715
        • RB211-535E4
        • Tay 620 / 650
      • Business Aviation
        • Pearl 10X
        • Pearl 700
        • Pearl 15
        • AE 3007
        • BR710
        • BR725
        • Tay
      • Helicopters
        • M250 turboshaft
        • RR300
        • M250 turboprop
      • Future products
      • Testing capabilities
        • Access our testing capabilities
        • Testbed facilities
    • Defence
      • Power for Future Combat Air
        • Net Zero for Future Combat Air Systems
        • Tempest
        • Orpheus
        • Developing the Next Generation
      • Digital FIRST
      • Energy Transition for Defence
      • Advanced Technology
        • LibertyWorks
        • FLRAA
      • Aerospace
        • Combat Jets
          • F130
          • Rolls-Royce LiftSystem®
          • EJ200
          • Adour
          • RB199
          • Pegasus
        • Rotary
          • AE 1107C
          • CTS800
          • MTR390
          • M250 Turboshaft
        • Transport, Tanker, Patrol & Tactical
          • AE 2100
          • AE 1107C
          • AE 3007
          • Trent 700 MRTT
          • TP400-D6
          • BR710
          • T56
          • CTS800
          • M250 Turboprop
          • T56 3.5 Enhancement
        • Trainers
          • Adour
          • M250 Turboprop
        • UAVs
          • AE 3007
          • M250 Turboshaft
          • Adour
        • Distributed Generation Systems
      • Naval
        • Gas Turbines
          • MT30 Marine Gas Turbine
          • AG9160 Generator Set
          • AG9140 Generator Set
          • MT7 Marine Gas Turbine
        • Diesel Engines
          • Power Systems
        • Propulsion
        • Naval Handling Systems
        • Naval Support & Services
        • Distributed Generation Systems
      • Submarines
      • Land
        • Distributed Generation Systems
      • Services
        • ACE
        • TwinAlytix®
    • Power Systems
      • Power Generation Solutions
      • Marine
      • Governmental
      • Power Systems Sustainability
    • Electrical Aviation
      • Our Electrical power & propulsion portfolio
      • Our Capability
  • About
    • Our Strategy
    • Leadership
      • Board
      • Executive Team
      • Corporate governance
    • Where We Operate
    • Our Research
      • Advanced Manufacturing Research Centres
      • Research and University Technology Centres
      • Rolls-Royce Cybersecurity Technology Research Network
    • Our Businesses
    • Our History
    • Heritage Trust
      • Visit
        • Our Heritage Centres
        • Heritage Trust - Bristol
        • Heritage Trust - Coventry and Ansty
        • Heritage Trust - Derby and Hucknall
        • Heritage Trust - Indianapolis
        • Heritage Trust - Scottish branch
      • Become a member
      • Volunteer
      • Learn and explore
      • What's on
      • Contact the Trust
      • Member's Section
        • The Magazine
        • News & Insights
        • Members' events
        • R-RHT Documents
  • Contact us
    • Inventors & technology licensing
    • Defence aerospace business team
    • Defence team
    • Corporate sustainability team
    • Heritage team
    • Helicopters team
    • Pensions team
  • Country sites
    • Como nos comportamos importa
      • Home
      • Rolls-Royce no Brasil
    • Rolls-Royce no Brasil
    • 日本
      • ホーム
      • ロールス・ロイスについて
        • ロールス・ロイスについて
        • サステナビリティ
        • ビジネス戦略
        • 日本で60周年
      • 日本のパートナー
        • 日本企業との協業
        • 研究開発
      • 製品とサービス
        • 民間航空
        • 防衛
        • パワーシステムズ
        • エレクトリカル
        • SMR
      • ディスカバー
      • お問い合わせ
      • 採用情報
    • 罗尔斯-罗伊斯 - 推进飞行新方式
      • country-landing-navigation
    • Rolls-Royce - Powering New Ways to Fly
      • country-landing-navigation
    • Rolls-Royce Hungary
      • Home
      • Careers
      • Discover
    • Rolls-Royce Magyarország
      • Főoldal
      • Karrier
      • Történeteink
      • Támogatott kezdeményezések
    • Rolls-Royce North America
      • Home
    • Deutschland
      • Home
      • Überblick
      • Nachrichten und Geschichten
        • Nachrichten
        • Geschichten
      • Karriere
        • Werde Teil des Teams in Dahlewitz bei Berlin
        • Talent Community
        • Ausbildung
        • Direkteinstieg
          • Direkteinstieg
          • Direkteinstieg
        • Praktikanten und Werkstudenten
        • Karriere bei Rolls-Royce Electrical
        • Schülerpraktika
        • Tag der Ausbildung
        • Termine
      • Kontakt
    • India
      • Home
      • Partners in progress
        • Our people
        • Engineering
        • Manufacturing & supply chain
      • Products & Services
        • Civil Aerospace
        • Defence
        • Power Systems
      • Sustainability
        • Our approach
        • Our community programmes
      • Contacts
      • Careers
    • 首页
      • 首页
      • 罗罗在中国​
      • 民用航空​
      • 动力系统
      • 电动飞行
      • 加入我们
    • 대한민국
      • 롤스로이스 소개
        • 연구개발
        • 롤스로이스 역사
        • 세계속의 롤스로이스
      • 롤스로이스 코리아
      • 이노베이션
      • 해군 분야
        • 함정용가스터빈
          • MT30 함정용 가스터빈
          • MT7 함정용 가스터빈
          • AG9160 발전기
          • AG9140 발전기
        • 파워시스템
        • 추진시스템
        • 함정 진회수 시스템
        • 전기, 자동화 및 제어
      • 전기화 분야
      • 미디어
      • 연락처
    • South East Asia
      • Our stories
      • Our locations
        • Singapore
        • The wider South East Asia
      • Community
      • Careers
    • Arabic
      • عن الشركة
      • الحلول والخدمات
        • قطاع الطيران المدني
        • الدفاع
        • أنظمة الطاقة
        • الكهرباء
      • الابتكارات
        • رولز-رويس التكنولوجيا والفضاء
        • رولز-رويس إس إم آر
        • معامل بيانات آر2
      • الاستدامة
      • تواصلو معنا
  • Sustainability
    • Our approach to decarbonisation
      • Becoming a net zero carbon company
        • Our emissions footprint
      • Decarbonising complex and critical systems
      • Creating an enabling environment
      • Materiality
    • Ethics and compliance
    • Our people
    • Engineering and innovation
    • Operations and facilities
    • Our Stakeholders
    • Cyber Security
    • Performance
      • Reporting approach
      • Target progress
      • Data charts
  • Investors
    • Investor Centre
      • Share price
      • Analyst consensus
    • Capital Markets Day
      • Civil Aerospace
      • Defence
      • Power Systems
      • Small Modular Reactors
    • Why Rolls-Royce?
    • 2023 Full Year Results
    • Regulatory news
    • Results, reports and presentations
      • Financial Results
      • Annual Report 2023
      • Annual Reports archive
    • Financial calendar
    • Corporate governance
    • Shareholder information
      • General Meetings
        23 May 2024
      • General Meeting archive
      • Payments to shareholders
      • Manage your shareholding
      • Registrar
      • Shareholder fraud warning
      • FAQs
    • Debt Securities
    • Rights issue
    • Investor contacts
  • Media
    • Company announcements
    • Trade press releases
    • Our stories
    • Press releases
    • Social
    • Contacts
  • Careers

We develop and deliver complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.

Our products and service packages enable our customers to connect people, societies, cultures and economies together.

Products & Services

We develop and deliver complex power and propulsion solutions.

For more than 100 years we have been at the forefront of innovation. Helping to power, protect and connect the modern world.

About

Create your future with us

Help us deliver better power for our changing world.

Doing more with less

We have a fundamental role in meeting the environmental and societal opportunities and challenges that the world faces.

Sustainability

2023 Full Year Results

Rolls-Royce announced Full Year Results on 22 February 2024.

View results

News centre

Updates and news from around the Rolls-Royce businesses.

Sign up to get the latest news

search
Search Box
Search button
Press ENTER to search or ESC to close
Search Box
Search
Close
  • Innovation
    • Alternative fuels
      • Hydrogen
    • Climate-tech centre
    • Small modular reactors
    • Novel Nuclear
      • Micro-Reactor
    • UltraFan
    • Digital
      • Digital Platforms
      • Digital Twin
    • The Aletheia Framework®
    • ACCEL
  • Products & Services
    • Civil Aerospace
      • Sustainability
      • Purchase Parts & Services
      • Services
        • Passenger
        • Freighter
        • Lessors
        • Business
        • Other Customers
      • Aircraft Transitions
      • Widebody
        • Power of Trent
          • Capable & Versatile
        • Trent 7000
        • Trent XWB
        • Trent 1000
        • Trent 900
        • Trent 500
        • Trent 800
        • Trent 700
        • RB211-524G/H & -T
      • Narrowbody & Regional
        • AE3007
        • BR715
        • RB211-535E4
        • Tay 620 / 650
      • Business Aviation
        • Pearl 10X
        • Pearl 700
        • Pearl 15
        • AE 3007
        • BR710
        • BR725
        • Tay
      • Helicopters
        • M250 turboshaft
        • RR300
        • M250 turboprop
      • Future products
      • Testing capabilities
        • Access our testing capabilities
        • Testbed facilities
    • Defence
      • Power for Future Combat Air
        • Net Zero for Future Combat Air Systems
        • Tempest
        • Orpheus
        • Developing the Next Generation
      • Digital FIRST
      • Energy Transition for Defence
      • Advanced Technology
        • LibertyWorks
        • FLRAA
      • Aerospace
        • Combat Jets
          • F130
          • Rolls-Royce LiftSystem®
          • EJ200
          • Adour
          • RB199
          • Pegasus
        • Rotary
          • AE 1107C
          • CTS800
          • MTR390
          • M250 Turboshaft
        • Transport, Tanker, Patrol & Tactical
          • AE 2100
          • AE 1107C
          • AE 3007
          • Trent 700 MRTT
          • TP400-D6
          • BR710
          • T56
          • CTS800
          • M250 Turboprop
          • T56 3.5 Enhancement
        • Trainers
          • Adour
          • M250 Turboprop
        • UAVs
          • AE 3007
          • M250 Turboshaft
          • Adour
        • Distributed Generation Systems
      • Naval
        • Gas Turbines
          • MT30 Marine Gas Turbine
          • AG9160 Generator Set
          • AG9140 Generator Set
          • MT7 Marine Gas Turbine
        • Diesel Engines
          • Power Systems
        • Propulsion
        • Naval Handling Systems
        • Naval Support & Services
        • Distributed Generation Systems
      • Submarines
      • Land
        • Distributed Generation Systems
      • Services
        • ACE
        • TwinAlytix®
    • Power Systems
      • Power Generation Solutions
      • Marine
      • Governmental
      • Power Systems Sustainability
    • Electrical Aviation
      • Our Electrical power & propulsion portfolio
      • Our Capability
  • About
    • Our Strategy
    • Leadership
      • Board
      • Executive Team
      • Corporate governance
    • Where We Operate
    • Our Research
      • Advanced Manufacturing Research Centres
      • Research and University Technology Centres
      • Rolls-Royce Cybersecurity Technology Research Network
    • Our Businesses
    • Our History
    • Heritage Trust
      • Visit
        • Our Heritage Centres
        • Heritage Trust - Bristol
        • Heritage Trust - Coventry and Ansty
        • Heritage Trust - Derby and Hucknall
        • Heritage Trust - Indianapolis
        • Heritage Trust - Scottish branch
      • Become a member
      • Volunteer
      • Learn and explore
      • What's on
      • Contact the Trust
      • Member's Section
        • The Magazine
        • News & Insights
        • Members' events
        • R-RHT Documents
  • Contact us
    • Inventors & technology licensing
    • Defence aerospace business team
    • Defence team
    • Corporate sustainability team
    • Heritage team
    • Helicopters team
    • Pensions team
  • Country sites
    • Como nos comportamos importa
      • Home
      • Rolls-Royce no Brasil
    • Rolls-Royce no Brasil
    • 日本
      • ホーム
      • ロールス・ロイスについて
        • ロールス・ロイスについて
        • サステナビリティ
        • ビジネス戦略
        • 日本で60周年
      • 日本のパートナー
        • 日本企業との協業
        • 研究開発
      • 製品とサービス
        • 民間航空
        • 防衛
        • パワーシステムズ
        • エレクトリカル
        • SMR
      • ディスカバー
      • お問い合わせ
      • 採用情報
    • 罗尔斯-罗伊斯 - 推进飞行新方式
      • country-landing-navigation
    • Rolls-Royce - Powering New Ways to Fly
      • country-landing-navigation
    • Rolls-Royce Hungary
      • Home
      • Careers
      • Discover
    • Rolls-Royce Magyarország
      • Főoldal
      • Karrier
      • Történeteink
      • Támogatott kezdeményezések
    • Rolls-Royce North America
      • Home
    • Deutschland
      • Home
      • Überblick
      • Nachrichten und Geschichten
        • Nachrichten
        • Geschichten
      • Karriere
        • Werde Teil des Teams in Dahlewitz bei Berlin
        • Talent Community
        • Ausbildung
        • Direkteinstieg
          • Direkteinstieg
          • Direkteinstieg
        • Praktikanten und Werkstudenten
        • Karriere bei Rolls-Royce Electrical
        • Schülerpraktika
        • Tag der Ausbildung
        • Termine
      • Kontakt
    • India
      • Home
      • Partners in progress
        • Our people
        • Engineering
        • Manufacturing & supply chain
      • Products & Services
        • Civil Aerospace
        • Defence
        • Power Systems
      • Sustainability
        • Our approach
        • Our community programmes
      • Contacts
      • Careers
    • 首页
      • 首页
      • 罗罗在中国​
      • 民用航空​
      • 动力系统
      • 电动飞行
      • 加入我们
    • 대한민국
      • 롤스로이스 소개
        • 연구개발
        • 롤스로이스 역사
        • 세계속의 롤스로이스
      • 롤스로이스 코리아
      • 이노베이션
      • 해군 분야
        • 함정용가스터빈
          • MT30 함정용 가스터빈
          • MT7 함정용 가스터빈
          • AG9160 발전기
          • AG9140 발전기
        • 파워시스템
        • 추진시스템
        • 함정 진회수 시스템
        • 전기, 자동화 및 제어
      • 전기화 분야
      • 미디어
      • 연락처
    • South East Asia
      • Our stories
      • Our locations
        • Singapore
        • The wider South East Asia
      • Community
      • Careers
    • Arabic
      • عن الشركة
      • الحلول والخدمات
        • قطاع الطيران المدني
        • الدفاع
        • أنظمة الطاقة
        • الكهرباء
      • الابتكارات
        • رولز-رويس التكنولوجيا والفضاء
        • رولز-رويس إس إم آر
        • معامل بيانات آر2
      • الاستدامة
      • تواصلو معنا
  • Sustainability
    • Our approach to decarbonisation
      • Becoming a net zero carbon company
        • Our emissions footprint
      • Decarbonising complex and critical systems
      • Creating an enabling environment
      • Materiality
    • Ethics and compliance
    • Our people
    • Engineering and innovation
    • Operations and facilities
    • Our Stakeholders
    • Cyber Security
    • Performance
      • Reporting approach
      • Target progress
      • Data charts
  • Investors
    • Investor Centre
      • Share price
      • Analyst consensus
    • Capital Markets Day
      • Civil Aerospace
      • Defence
      • Power Systems
      • Small Modular Reactors
    • Why Rolls-Royce?
    • 2023 Full Year Results
    • Regulatory news
    • Results, reports and presentations
      • Financial Results
      • Annual Report 2023
      • Annual Reports archive
    • Financial calendar
    • Corporate governance
    • Shareholder information
      • General Meetings
        23 May 2024
      • General Meeting archive
      • Payments to shareholders
      • Manage your shareholding
      • Registrar
      • Shareholder fraud warning
      • FAQs
    • Debt Securities
    • Rights issue
    • Investor contacts
  • Media
    • Company announcements
    • Trade press releases
    • Our stories
    • Press releases
    • Social
    • Contacts
  • Careers
Home
Media
Press releases
UK Space Agency backing for Rolls-Royce and BWX Technologies, Inc space reactor development
Back

Monday 8 April 2024 00:30 AM

UK Space Agency backing for Rolls-Royce and BWX Technologies, Inc space reactor development

share

08 April 2024

Rolls-Royce today announced it has secured funding from Phase 2 of the UK Space Agency's International Bilateral Fund (IBF). The funding enables strategic research partnerships within the UK space sector and emerging space nations to work together.

The new £1.18 million award from the Fund backs collaboration to identify and advance the optimum technologies for a fission nuclear system, benefitting both UK and U.S. space nuclear development programmes for a range of space power missions.

Rolls-Royce is collaborating with U.S. firm BWXT Advanced Technologies LLC (BWXT) to deliver this phase of development, which has been cemented in a Teaming Agreement between the two companies. The agreement facilitates business collaboration and joint developments of new and novel nuclear applications in the space domain, which utilise the core nuclear design and manufacturing strengths of each party.

This agreement further strengthens UK and U.S. collaboration on first-of-a-kind space technology innovation, as detailed under the Atlantic Declaration commitment. In an announcement made by UK Prime Minister, Rishi Sunak and U.S. President, Joe Biden on 8th June 2023, both countries pledged to study "opportunities for co-operation on space nuclear power and propulsion."

BWXT brings extensive experience in nuclear capability in the U.S. having manufactured nuclear components for over 70 years, complementing Rolls-Royce's comparable experience in the UK. This synergy has built a strong strategic partnership, rooted in the successful delivery of nuclear projects for their respective countries over many decades.

Steve Carlier, President for Rolls-Royce Submarines Ltd, said:

Select Tabs

We are delighted to win the award for the second phase of the International Bilateral Fund and to be continuing our collaboration with the UK Space Agency and our international project partner BWXT.

"The Teaming Agreement between Rolls-Royce and BWXT brings together over 130 years of safe and secure nuclear delivery on both sides of the Atlantic.

"This new agreement builds on our complimentary core competencies and market knowledge from our respective countries. This enables us to build upon our existing relationship and explore potential strategic relationships and business arrangements to further develop nuclear technologies and products for Space."

Joe Miller, president of BWXT Advanced Technologies LLC, said:

Select Tabs

BWXT and Rolls-Royce share a commitment to creating and delivering nuclear energy systems to explore space, support global security imperatives and generate clean energy.

"Today's announcement, and our teaming agreement more broadly, allows our companies to use our complementary areas of expertise for this award and new opportunities to come."

All space missions depend on a power source to support systems for communications, life-support and science experiments. Nuclear power has the potential to dramatically increase the duration of future space missions and their scientific value.

Nuclear power, effectively utilised in space, will deliver a step change in mission capability across an extensive platform of applications. Space micro-reactors are a solution to meet these requirements in a sustainable and resilient way, and this latest award from the UK Space Agency ensures the continued development of this technology.

Professor Anu Ojha, Director of Championing Space at the UK Space Agency, said:

Select Tabs

Our International Bilateral Fund bolsters international collaboration that harnesses the UK's national expertise, supports new space capabilities and catalyses investment. This exciting research by Rolls-Royce to develop space nuclear power is an opportunity to showcase the UK as a spacefaring nation.

"Innovative technologies such as this one could pave the way for continuous human presence on the Moon, whilst enhancing the wider UK space sector, creating jobs and generating further investment."

This latest tranche of investment follows £2.9 million of funding awarded to Rolls-Royce from the UK Space Agency under the Lunar Surface Nuclear Power Contract and Phase 1 of the IBF project in 2023, which delivered an initial demonstration of a UK lunar modular nuclear reactor.

The Rolls-Royce Micro-Reactor could provide power for a Lunar Base.

Steve Carlier, President - Rolls-Royce Submarines Ltd and Joe Miller, President, BWXT Advanced Technologies LLC.

About Rolls-Royce Holdings plc
  1. Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power required to protect their citizens.
  2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers. To meet customer demand for more sustainable solutions, we are committed to making our products compatible with net zero carbon emissions.
  3. Annual underlying revenue was £15.41bn in 2023 and underlying operating profit was £1.6bn.
  4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
  5. For the last 60 years Rolls-Royce has been at the forefront of nuclear knowledge and innovation. The Novel Nuclear team is looking to the future for revolutionary new technology to solve problems across a range of industries and energy efficient applications for nuclear power. These include harnessing the power of naturally decaying nuclear material, providing reliable power systems with extremely long-life spans, and nuclear micro-reactors as a self-contained and power dense solution.

www.rolls-royce.com

About BWXT

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. For more information, visit www.bwxt.com.

More about:
  • Press release
  • Defence
  • Novel Nuclear
  • United Kingdom
  • United States

Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land.



© Rolls-Royce plc . All rights reserved.

  • Home
  • Innovation
  • Products & Services
  • About
  • Contact us
  • Country sites
  • Sustainability
  • Investors
  • Media
  • Careers
  • Products & Services
  • Civil Aerospace
  • Defence
  • Power Systems
  • Electrical Aviation
Follow UsStay in Touch

Sign up to get the latest news

Contact us

Vulnerability Reporting

  • Site map
  • Use of cookies
  • Cookie Settings
  • Legal information
  • Data privacy
  • Anti-slavery statement

Attachments

  • Original Link
  • Permalink

Disclaimer

Rolls-Royce Holdings plc published this content on 08 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2024 02:41:01 UTC.