Core Power, a developer of maritime nuclear technologies for both grid-scale energy generation and commercial shipping, has said the US has the opportunity to use nuclear technologies to shape the future of its shipbuilding industry, but must act now to protect its “first mover advantage”.

At a summit in Washington which brought together senior leaders from the administration and Congress, delegates heard how competitor nations are moving with intent because they recognise what leadership in maritime nuclear confers: market access, influence over global rules, and long-term dependency through fuel, service and certification conventions.

The summit explored how advanced nuclear technologies can drive a revival of US shipbuilding while strengthening national energy security and adding resilience to global shipping and the trade that depends on it.