Although this reads a bit like a Rolls-Royce promotional piece it is good background. The company will be popping up in more and more discussions of small modular reactors.*
From Energy Digital, October 2:
Rolls-Royce backs a $100bn UK–US SMR partnership, aiming to cut approval times, expand its supply chain, create jobs and boost clean energy security
The UK and the US have announced a transformative partnership focused on small modular reactors (SMRs), commonly known as 'mini-nukes'.
The collaboration stems from an enhanced alliance between Rolls-Royce and BWXT, which now comprises five additional agreements amounting to a cumulative US$100bn.
Rolls-Royce is at the heart of this development, welcoming the deal and expressing support for contributing to the economic growth it can bring to both nations. By investing in the advanced nuclear sector, the company aims to bolster an independent energy supply and enhance economic resilience.
Nuclear innovation by Rolls-Royce
Rolls-Royce has a longstanding legacy of innovation, spanning over a century, with a vast product range that includes civil aerospace, defence and power systems.Recognising the strategic importance of nuclear technology, the UK government earlier appointed Rolls-Royce as the first company to spearhead SMR development in the UK.
This decision is poised to create 3,000 jobs at the peak of construction, simultaneously strengthening energy security and stimulating local economies.
This collaborative project between the UK and US is geared towards accelerating the design and construction of SMRs.
The agreement allows for a more rapid transition from design to operational power, shortening approval times from four years to two.
This accelerated timeline is largely credited to mutual recognition of safety checks between the two nations....
