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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

CORE POWER (UK) Ltd

start up
United Kingdom - London, UK
  • 24/05/2023
  • Unknown
  • $100,000,000

CORE POWER is a UK-based development company, specializing in scalable new nuclear for ocean transport and heavy industry. In partnership with leading international corporations, CORE POWER will deliver durable zero-emission energy for floating industrial production and deep-sea shipping.

Over the next few decades as many as 60,000 ships must transition from combustion of fossil fuels to zero-emission propulsion. The UN’s maritime agency IMO has mandated with unanimous approval from 197 countries that shipping must reduce emissions by 50% of the 2008 total, before 2050. This means an actual emission reduction of almost 90%, by 2050. The m-MSR can achieve that goal alone, by producing green sustainable fuels for the smaller ships and powering the largest ships. Zero emissions come as standard.
Advanced atomic technologies have an economic potential which is greater than that of oil and gas. It can provide all the sustainable, clean energy we need to move us deep into the future without polluting the environment.


Related People

Mikal BøeFounder

Mikal Bøe United Kingdom - ND

With three decades of continuous learning from 'floor to board' in technology, finance, transport and commodities, I always try to combine the skills I have acquired to build strong teams of talented people. Our aim is to achieve leading market positions for our companies. If you want to work with us, please get in touch.