{"id":62832,"date":"2025-08-13T00:24:08","date_gmt":"2025-08-13T00:24:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/62832\/"},"modified":"2025-08-13T00:24:08","modified_gmt":"2025-08-13T00:24:08","slug":"nuclear-powered-ai-could-make-rolls-royce-uks-biggest-firm-says-boss","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/62832\/","title":{"rendered":"Nuclear-powered AI could make Rolls Royce UK&#8217;s biggest firm, says boss"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Rolls-Royce sees SMRs as key to its future, but its biggest business is aircraft engines. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Already dominant in supplying engines to wide-bodied aircraft like Boeing 787 and Airbus A350, it plans to break into the next generation of narrow-bodied aircraft like the Boeing 737 and Airbus A320. This market is worth $1.6tn &#8211; nine times that of the wide-bodied .<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Rolls-Royce is a bit player in a market that has powerful and successful leaders, and that rival Pratt and Witney lost $8bn trying and failing to break into.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The market is dominated by CFM International \u2013 a joint venture between US-based GE Aerospace and French company Safran Aerospace Engines.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Industry veterans told the BBC that market leaders can and will drop prices to airline customers long enough to see off a new assault on their market dominance.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But Mr Erginbilgic said this is not just the biggest business opportunity for Rolls-Royce. Rather, it is &#8220;for industrial strategy&#8230; the single biggest opportunity for the UK for economic growth&#8221;. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;No other UK opportunity, I challenge, will match that,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Rolls-Royce sees SMRs as key to its future, but its biggest business is aircraft engines. Already dominant in&hellip;\n","protected":false},"author":2,"featured_media":62833,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,86,56,54,55],"class_list":["post-62832","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/62832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=62832"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/62832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/62833"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=62832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=62832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=62832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}