General InformationRolls-Royce SMR is a UK-based division of Rolls-Royce developing small modular nuclear reactors, founded in 2016, with approximately 300+ employees focused on commercializing compact reactor technology for decarbonization.
Funding & FinancialsThe company received £100 million in UK government backing in 2021 and has secured additional investment commitments; exact total funding figures vary by source but represents significant state and private sector support for SMR development.
Leadership & TeamLed by CEO Paul Perera (former roles in nuclear and energy), with technical leadership from experienced nuclear engineers and industry veterans; specific executive details are maintained by parent company Rolls-Royce.
Recent ActivityMost recent developments include progression toward first-of-a-kind reactor construction in the UK, site selection for deployment, and partnerships with utilities and industrial operators for future SMR projects scheduled for the late 2020s.