- BWX Technologies (New York Stock Exchange: BWXT) and Rolls-Royce (OTCPK:RYCEY) have secured $1.5 million in funding for Phase 2 of the British Space Agency’s International Bilateral Fund.
- The contract further strengthens UK-US collaboration on first-of-its-kind space technology innovation, as specified in the Atlantic Declaration commitment.
- The funding facilitates strategic research collaborations between the UK space sector and emerging nations on nuclear fission systems for space power missions.
- The alliance is part of a larger teaming agreement between BWXT and Rolls-Royce for future collaboration.
More information about BWX Technologies, Rolls Royce: