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UK backs Rolls-Royce project to build a nuclear reactor on the moon - TL;DR CNBC

UK backs Rolls-Royce project to build a nuclear reactor on the moon

Publishing timestamp: 2023-03-17 11:40:36


Summary

The UK Space Agency will provide funding for Rolls-Royce's Micro-Reactor program, which aims to develop nuclear power technology for humans to live and work on the moon. The project could increase the duration of future lunar missions and their scientific value. Rolls-Royce is working with various organizations, including the University of Sheffield and the University of Oxford, and aims to have a reactor ready to send to the moon by 2029. The use of nuclear power on the moon could provide a continuous source of power regardless of the physical environment and conditions on the lunar surface. The funding comes as NASA is pushing ahead with its Artemis program to create a sustainable presence on the moon.


Sentiment: NEUTRAL

Tickers: RR.-GBBMW-DEBMW-FF

Keywords: alternative and sustainable energyspace industryenergybusiness newsrolls-royce holdings plcbusinessenvironmentbayerische motoren werke agrenewable energyclimate

Source: https://www.cnbc.com/2023/03/17/uk-backs-rolls-royce-project-to-build-a-nuclear-reactor-on-the-moon.html


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