Rolls-Royce starts talks with space industry for micro-reactor technology
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Rolls-Royce Holdings PLC is initiating discussions with the space industry to explore the use of its micro-reactor technology in space applications. This move aims to expand its nuclear power technology into new markets.
November 18, 2024 | 3:00 pm
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Rolls-Royce Holdings PLC is engaging with the space industry to apply its micro-reactor technology, potentially opening new markets for its nuclear power solutions.
The news indicates that Rolls-Royce is actively seeking to expand its market reach by applying its nuclear technology in the space sector. This strategic move could lead to new revenue streams and partnerships, positively impacting its stock price.
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