The name Rolls Royce is associated with luxury cars. However, the company is more of an energy company and is entering the nuclear power sector. Semafor states, “Rolls-Royce is on course to win a contract with the Czech government to build the first European fleet of small modular nuclear reactors.

Rolls-Royce is closing in on deals to build mini nuclear power plants in Sweden and The Netherlands, The Mail on Sunday can reveal. The British engineering giant was last week selected by the government of the Czech Republic as preferred supplier to state-owned power group CEZ, beating competition from French, American and Japanese rivals.

Rolls-Royce SMR has been chosen by the Czech Government as the preferred partner to develop small modular reactors in Czechia

Our writer doesn’t think the Rolls-Royce share price offers value for money at the moment. But he likes the look of its nuclear energy programme. The post Could small modular reactors cause the Rolls-Royce share price to explode?

Rolls Royce is closing in on two deals to build miniaturised nuclear power plants in Sweden and the Netherlands after a successful deal with the Czech Republic announced last week. Rolls-Royce boss Tufan Erginbilgic had warned that the firm would start building small modular reactors (SMRs) in Europe should UK ministers fail to speed up