ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

RYCEY Rolls Royce Holdings PLC (PK)

5.84
0.06 (1.04%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Rolls Royce Holdings PLC (PK) USOTC:RYCEY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.06 1.04% 5.84 5.83 5.85 5.87 5.675 5.69 2,826,283 21:00:00

Rolls-Royce Wins Funding for Nuclear-Powered Moon Base Research

17/03/2023 8:17am

Dow Jones News


Rolls Royce (PK) (USOTC:RYCEY)
Historical Stock Chart


From Jun 2022 to Jun 2024

Click Here for more Rolls Royce (PK) Charts.

By Joe Hoppe

 

Rolls-Royce Holdings PLC said Friday that it has secured 2.9 million pounds ($3.5 million) from the U.K. Space Agency for research into how nuclear power could support a future moon base.

The British aerospace and defense company said that it is working on a micro-reactor program, developing technology to provide power needed for humans to live and work on the moon.

The space agency has now announced GBP2.9 million of new funding for the project to deliver an initial demonstration of a U.K. lunar modular nuclear reactor. This follows on from a GBP249,000 study funded by the agency in 2022.

The company said it plans to have a reactor ready to send to the moon by 2029. Relatively small and lightweight, a micro-reactor can provide continuous power regardless of environmental conditions, and has a wide-ranging use of potential applications, including commercial and defense use cases.

Rolls-Royce will work alongside a variety of collaborators, including a number of U.K. universities and the Nuclear Advanced Manufacturing Research Centre, it said.

 

Write to Joe Hoppe at joseph.hoppe@wsj.com

 

(END) Dow Jones Newswires

March 17, 2023 04:02 ET (08:02 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

1 Year Rolls Royce (PK) Chart

1 Year Rolls Royce (PK) Chart

1 Month Rolls Royce (PK) Chart

1 Month Rolls Royce (PK) Chart