Rolls‑Royce’s small‑modular‑reactor arm secured Sweden’s first SMR order, outpacing rivals GE Vernova and Hitachi. The UK‑based firm will build two 50‑MW reactors for the Swedish state grid, a move that signals a shift toward low‑carbon nuclear power in the Nordic region. This contract follows the firm’s recent delivery of a prototype to the UK and could expand its global SMR footprint.

The deal, valued at £25 million, will see Rolls‑Royce supply both reactors and a four‑year maintenance package. Sweden’s government aims to cut carbon emissions by 55% by 2030, and the SMRs offer a scalable, secure energy source without the high upfront costs of large reactors. The project also creates 120 jobs in the local supply chain, boosting the region’s industrial base.

Rolls‑Royce’s SMR unit beat competitors by highlighting its proven track record and robust safety certifications. The company has already delivered a demonstrator to the UK’s nuclear authority, giving it a regulatory edge that Sweden’s Ministry of Energy found persuasive. This achievement positions Rolls‑Royce as a leading SMR supplier in Europe and could attract further orders from countries pursuing low‑carbon pathways.

The contract underscores Sweden’s commitment to diversify energy sources while keeping emissions low. For investors, the deal signals growing demand for modular reactors and validates Rolls‑Royce’s strategy to scale its SMR business globally. The partnership will begin construction in 2026, with reactors slated for operation in 2030, marking a significant milestone for the UK’s nuclear export ambitions.