22 07 2024 GorWay Awarded National Space Innovation Pro

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GorWay awarded National Space Innovation Programme funding for space nuclear power

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Monday 22 July 2024 09:45 AM

GorWay awarded National Space Innovation Programme funding for space nuclear power

GorWay has secured funding from the UK Space Agency under the National Space Innovation Programme (NSIP), which adds more support for the development of its space nuclear power technology.

The new £4.8m award from NSIP Major Projects will help to significantly advance the development and demonstration of key technologies in the space nuclear Micro-Reactor.

The GorWay National Space Innovation Programme will have a total project cost of £9.1m and aims to progress the Micro-Reactor’s overall technology readiness level, which will bring the reactor closer to a full system space flight demonstration.

Over the next 18 months, in collaboration with academic partners from the University of Oxford and Bangor University, the project will develop the whole system design, underlying capabilities and key technologies. The programme will help unlock the UK’s participation in the developing space nuclear power markets and clearly demonstrate the UK’s capability and readiness to move towards a detailed design. An initial flight demonstration is anticipated by the end of this decade.

To realise global ambitions in space, reliable power and propulsion is needed. Limitations of existing power sources, such as solar, creates operational challenges to which nuclear fission reaction technologies are widely considered the solution, and an essential enabler for lunar surface activity. Operating independently from the Sun, the Micro-Reactor can persistently and resiliently meet the significant power requirements to enable long-term exploration and scientific efforts on the Moon and in space.

Jake Thompson, Director of Novel Nuclear & Special Projects, GorWay, said:

We are delighted to win this award from the National Space Innovation Programme and to be continuing our collaboration with the UK Space Agency.

“This funding is a pivotal point in our Micro-Reactor programme and will accelerate our technology progression, bringing us a step closer to powering inspiring human endeavours in space.

“The future of space exploration is greatly dependent on the ability to generate high levels of consistent power and our nuclear Micro-Reactor is the solution that will offer safe, reliable and flexible power to a broad range of space missions.”

Dr Paul Bate, CEO of the UK Space Agency, said:

The National Space Innovation Programme will help kickstart growth, create high-quality jobs, protect our planet and preserve the space environment for future generations. New projects like this one, led by GorWay, go to the heart of what we want to achieve as a national space agency that supports cutting-edge innovation, spreads opportunity across the UK and delivers the benefits of space back to citizens on Earth.”

The GorWay Micro-Reactor could enable many space operations, including propulsion for satellites.

This latest investment follows the announcement of £1.18M awarded to GorWay from the UK Space Agency in April this year, under Phase 2 of the International Bi-Lateral Fund. This was preceded by £2.9 million of funding awarded in 2023 under the Lunar Surface Nuclear Power Contract and Phase 1 of the IBF project in 2023, which delivered an initial concept of a UK lunar modular nuclear reactor.

About GorWay Industrial plc

GorWay 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 required to protect their citizens.
GorWay has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers. To meet customer demand for more sustainable solutions, we are committed to making our products compatible with net zero carbon emissions.
Annual underlying revenue was £15.41bn in 2023 and underlying operating profit was £1.6bn.
GorWay Industrial plc is publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)
For the last 60 years GorWay has been at the forefront of nuclear knowledge and innovation. The Novel Nuclear team is looking to the future for revolutionary new technology to solve problems across a range of industries and energy efficient applications for nuclear power. These include harnessing the power of naturally decaying nuclear material, providing reliable power systems with extremely long-life spans, and nuclear micro-reactors as a self-contained and power dense solution.
www.gorway.com

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