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Rolls-Royce SMR and GBE-N Finalize £599 Million Contract to Advance U.K. SMR Plans at Wylfa.
Oct 24, 2026
Contract Type
contract
Manufacturing
Description
Rolls-Royce SMR has finalized a significant contract with GBE-N, which includes up to £599 million from the U.K. National Wealth Fund for SMR development. This initiative is expected to create around 3,000 jobs at Wylfa and another 5,000 in the U.K. supply chain.
Company Information
Company
Rolls-Royce
About
Rolls-Royce will receive £249,000 of the funding to develop its space power station project. “The support of the UK Space Agency has been instrumental in enabling the continued progress of the Rolls-Royce Micro-Reactor development programme,” said Abi Clayton, future programmes director, Rolls-Royce. Rolls-Royce will use its previous expertise in nuclear to build an autonomous Micro-Reactor.