and Partners

Rolls-Royce SMR

Rolls-Royce SMR has been established as an independent company, drawing on decades of Rolls-Royce experience in nuclear design and engineering, while capturing industry leading expertise, support from the UK Government and investment from world class companies.

Rolls Royce SMR was formed to develop an innovative approach to deploying nuclear power. This vision is backed by the UK Government, world class investors and an international nuclear operator.

Our Investors


Rolls Royce is one of the world’s leading industrial technology companies. It has led the design, development, and the investment programme to secure equity for Rolls-Royce SMR. Rolls-Royce remains the majority shareholder.

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BNF Resources Limited,

BNF Resources Limited forms part of a family office with extensive investments in the energy space.  The company is represented and advised by BNF Capital Limited, an FCA regulated investment advisory business based in the UK.

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Constellation is the nation’s largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States. Headquartered in Baltimore, its generation fleet powers more than 20 million homes and businesses and is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is 90 percent carbon-free. Constellation has set a goal to eliminate 100 percent of its greenhouse gas emissions by leveraging innovative technology and enhancing its diverse mix of hydro, wind and solar resources paired with the nation’s largest carbon-free nuclear fleet. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including three-fourths of the Fortune 100.

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Qatar Investment Authority

Qatar Investment Authority (“QIA”) is the sovereign wealth fund of the State of Qatar. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.

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Partners in Government

UKRI Innovate UK

UKRI Innovate UK is a non-departmental public body sponsored by the Department for Business, Energy and Industrial Strategy (BEIS). They are the UK's largest public funder of research and innovation. UKRI Innovate UK supported Phase I of the SMR development through a match fund provision of £18 million and will provide up to £215 million in match funding to support research and development aspects of the Generic Design Assessment process in Phase II.

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Partners in Industry

Rolls-Royce SMR established the largest national engineering collaboration the UK has ever seen, uniting some of the most respected and innovative engineering organisations on the planet who now act as supply chain partners, able to contribute their design and industry experience to strengthen the Rolls-Royce SMR business.

What they are saying

The UK SMR heralds a new approach to the cost of nuclear power by broadly rethinking the manufacturing and construction methods and by the extensive use of digital twinning whilst keeping the physics package exactly the same. This is a pressurised water reactor of a type we know and love.

Paul Stein, Rolls-Royce Chief Technology Officer

Small modular reactor technology is very much at the centre of what the Prime Minister outlined in the 10-point plan; in fact, the nuclear segment of that plan was the third item on the agenda and is extremely important. SMRs will certainly play a part in our nuclear future.

Rt Hon. Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy

One of the benefits of the SMR approach, is it becomes quite a low-cost source of energy for other parts of the decarbonisation scene, such as hydrogen and synthetic fuel.

Paul Stein, Rolls-Royce Chief Technology Officer

Next generation technologies such as Small and Advanced Modular Reactors, new nuclear will both produce low carbon power and create jobs and growth across the UK.

The Ten Point Plan for a Green Industrial Revolution, HM Government

SMRs represent a huge opportunity…they are flexible and one can operate them in lots of geographical areas. We will undertake a comprehensive assessment of the siting requirements for SMRs and advanced modular reactors so that we can develop this exciting technology.

Rt Hon. Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy