- Rolls-Royce pioneers’ cutting-edge technologies that deliver clean, safe and competitive solutions to meet our planet’s vital power needs.
- Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customers.
- Annual underlying revenue was £15.45 billion in 2019, around half of which came from the provision of aftermarket services.
- In 2019, Rolls-Royce invested £1.46 billion on research and development. We also support a global network of 29 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
- The jobs quoted in this press release will be across the joint venture entity which will be set up to manufacture and assemble the power stations; the supply chain that supports the programme; and in the companies which will operate the power stations when they are built.
About UKRI
UK Research and Innovation (UKRI):
UK Research and Innovation (UKRI) is the largest public funder of research and innovation in the UK, with a budget of over £8bn. It is composed of seven disciplinary research councils, Innovate UK and Research England.
We operate across the whole country and work with our many partners in higher education, research organisations businesses, government, and charities.
Our vision is for an outstanding research and innovation system in the UK that gives everyone the opportunity to contribute and to benefit, enriching lives locally, nationally and internationally.
Our mission is to convene, catalyse and invest in close collaboration with others to build a thriving, inclusive research and innovation system that connects discovery to prosperity and public good.
UKRI continues to support the research and innovation community to navigate the transitions associated with the exit of the UK from the EU. To keep up to date please visit our dedicated pages. https://www.ukri.org/research/international/ukri-eu-exit/
Industrial Strategy Challenge Fund: The Industrial Strategy Challenge Fund aims to bring together the UK’s world leading research with business to meet the major industrial and societal challenges of our time. The fund was created to provide funding and support to UK businesses and researchers, part of the government’s £4.7 billion increase in research and development over the next 4 years. It was designed to ensure that research and innovation takes centre stage in the Government’s modern Industrial Strategy. It is run by UK Research and Innovation.