Norway Grants Funding To Advance Project On Nuclear Propulsion For Ships
Consortium aiming for first deployment around 2031-2032
Consortium aiming for first deployment around 2031-2032
Purchase follows US company’s recent $50m seed financing
Agreement ‘reflects depth of work already underway and provides framework to go further’
Industry ready to move, but it needs support of governments and regulators
Announcement follows initial seed funding of $10 million in July
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