Rolls-Royce LibertyWorks selected for NASA Power Conversion Development Contract

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.

John Shade, Rolls-Royce executive vice president of business development and future programs, said:

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Being selected for NASA's Power Conversion Development Contract is a testament to Rolls-Royce LibertyWorks' leadership in pioneering advancements for the future of microreactor power conversion in the United States. This investment is a pivotal step towards enabling robust operations in space, paving the way for a new era in space exploration with reliable, clean, and efficient power sources. In collaboration with our teammates on this program, we are not just envisioning the future – we are engineering it.”

Rolls-Royce is an industry leader in pioneering cutting-edge technologies to deliver clean, safe, and competitive solutions for nuclear power systems. Rolls-Royce is delivering critical system solutions as part of the industry team supporting the U.S. Department of Defense nuclear microreactor program, Project PELE. The program will deliver an inherently safe nuclear reactor system, capable of providing transportable, reliable and resilient power. Rolls-Royce is also working with the U.K. Space Agency to develop concept designs for space reactor systems.

About Rolls-Royce Holdings plc
  1. Rolls-Royce develops and delivers complex power and propulsion solutions for safety-critical applications in the air, at sea and on land. Our products and service packages enable our customers to connect people, societies, cultures and economies together; they meet the growing need for power generation across multiple industries; and enable governments to equip their armed forces with the power to protect.
  2. Rolls-Royce has a presence in 48 countries and customers in more than 150, comprising over 250 commercial large aero engine customers, 160 armed forces and navies and approximately 40,000 active Power Systems customers. We are committed to becoming a net zero company by 2050 and we support our customers to do the same.
  3. Annual underlying revenue was $20.79bn in 2023, underlying operating profit was $2.16bn and free cash flow $1.75bn.
  4. Rolls-Royce Holdings plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)

www.rolls-royce.com

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