Rolls-Royce (LSE: RR., ADR: RYCEY) today announces it has been awarded a $1 million contract to develop an Advanced Closed Brayton Cycle converter for NASA’s Glenn Research Center in Cleveland. Over the 12-month contract period, Rolls-Royce LibertyWorks will provide a preliminary design of a closed-cycle Brayton power conversion system for next-generation space-based nuclear microreactors.
Having the ability to produce factory built SMR for export for AUKUS, thisb should show the capability to create and export SMR’s for commercial power use
The U.S. Commerce Department’s Bureau of Industry and Security (BIS) published an interim final rule significantly reducing licensing requirements for Australia and the United Kingdom (UK) to foster defence trade and technological innovation. BIS anticipates these changes will reduce licensing burdens for trade with Australia and the UK by over 1,800 total licenses valued at over $7.5 billion per year.
BIS is removing Commerce Control List (CCL) license requirements to allow Commerce-controlled military items, missile technology-related items, and hot section engine-related items to be exported or reexported to Australia and the UK without a license. As a result, many Commerce-controlled items, including certain satellite-related items, will now be eligible for export or reexport to Australia and the UK without a license.
Everyone forgets, Yankees be buying soon18 Apr 2024 12:41
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Türkiye's national carrier Turkish Airlines (THY) is set to sign an agreement with Airbus and Rolls-Royce Holdings for the domestic production of aircraft components, which is valued at as much as $20 billion, according to a Bloomberg News report on Wednesday.
Turkish Airlines is set to sign an agreement with Rolls-Royce Holdings Plc and Airbus SE for the local production of aircraft components valued at as much as $20 billion, part of its massive plane purchase announced last year.