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Rolls-Royce is entering the nuclear reactor business, developing a micro-reactor for spaceflight.
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The micro-reactor aims to serve as a source of fuel for long trips to the Moon and Mars.
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The company has obtained $600 million in funding to develop its reactor technology.
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The micro-reactor will be lighter and provide faster travel or increased payloads compared to chemical propulsion rockets.
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It can serve as both a form of propulsion and a power source for lunar or Martian bases.
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The company aims to have a nuclear reactor ready for the Moon by 2029.
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The development of the micro-reactor is still in its early stages.
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Other entities, such as NASA and the Defense Advanced Research Projects Agency, are also working on alternative propulsion systems.
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NASA has announced a collaboration to develop a thermal rocket engine.
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NASA had a successful test of a rotating detonation rocket engine, which uses less fuel and provides more thrust than current systems.