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According to estimates by the International Energy Agency, global electricity generation from nuclear energy will reach an all-time high in 2025. Rolls-Royce has been in discussions with the aerospace industry regarding microreactor technology for some time. One of the company’s main businesses is the provision and maintenance of engines and reactors used in nuclear submarines. By the early 2030s, there should be a reactor used in a space program. Rolls-Royce has already received various grants from the UK Space Agency. The aim is to develop key technologies that are suitable for space, for example for lunar missions. Because what space exploration needs is large amounts of energy. To travel to Mars, for example, a conventional rocket would need around seven months. A rocket with thermal nuclear propulsion could significantly reduce this time. Supplying energy on the moon or Mars with reactors would also be a great idea.

In any case, nuclear power generation is becoming increasingly popular on Earth. The amount of electricity required on earth is growing and climate targets cannot be achieved without nuclear power, at least for the foreseeable future. The costs of energy generation also play a role. According to calculations, the German energy transition, i.e. the nuclear phase-out, cost a total of 696 billion euros between 2002 and 2022. Maintaining and expanding the power plants would have been less than half as expensive. Climate protection and energy supply security are the reasons why many countries are increasingly relying on nuclear energy. Uranium is increasingly needed for this. This is where companies such as IsoEnergy and Premier American Uranium are active.

IsoEnergy – https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ – owns high-quality uranium projects in the USA, Canada and Australia. In particular, the Laroque East project in the Athabasca Basin hosts high-grade uranium resources.

Premier American Uranium – https://www.commodity-tv.com/ondemand/companies/profil/premier-american-uranium-inc/ – has large uranium properties in Colorado, Wyoming and New Mexico.

Current company information and press releases from Premier American Uranium (- https://www.resource-capital.ch/en/companies/premier-american-uranium-corp/ -) and IsoEnergy (- https://www.resource-capital.ch/en/companies/iso-energy-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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