Rolls-Royce Holdings PLC has been selected as the preferred supplier for small modular reactors (SMR) by the Czech state-owned utility CEZ Group, with plans for the first reactor to be operational by the early 2030s. This landmark partnership aims to modernize the Czech energy sector and facilitate the domestic production of SMRs, which are smaller, less expensive, and safer than traditional nuclear reactors. The Czech government has endorsed this collaboration, emphasizing its potential to reduce reliance on fossil fuels as the country transitions to greener energy sources. Rolls-Royce's SMRs can generate 470 megawatts each, enough to power approximately one million homes, and the company has secured half a billion pounds in funding to bolster its SMR division. CEZ plans to install up to ten SMRs by 2050, further solidifying nuclear energy's role in the country's electricity generation, which currently relies on two nuclear plants for 30 percent of its needs. This partnership represents a significant win for Rolls-Royce over global competitors, including US and French firms, in the burgeoning nuclear technology market.