Scorpio Tankers Invests $10M to Develop Micronuclear Marine Power Systems
Scorpio Tankers is investing $10 million in AMPERA to co-develop ultra-safe micro-nuclear power systems for floating power barges and nuclear-powered vessels targeted at maritime, offshore and port energy markets. It leverages Scorpio’s engineering, regulatory expertise and global relationships to commercialize zero-carbon propulsion and floating nuclear power for shipping decarbonization.
1. Strategic Collaboration
Scorpio Tankers has entered a strategic collaboration with AMPERA to jointly develop and commercialize compact micro-nuclear reactors for marine, offshore and port applications. The partnership aims to deploy floating nuclear power barges in the near term and evolve toward nuclear-powered vessels, addressing growing demand for reliable, zero-carbon maritime energy.
2. Investment Details and Development Plan
Scorpio Tankers committed a $10 million equity investment in AMPERA to fund initial research, engineering design and prototype validation. The roadmap includes power-as-a-service and leasing models, with technical configurations tailored for vessel propulsion as well as stationary offshore and coastal energy supply solutions.
3. Technical and Regulatory Contributions
Under the agreement, Scorpio Tankers will contribute marine engineering, technical design and maritime regulatory expertise to ensure compliance and integration into existing shipping operations. AMPERA will provide its proprietary safeguards-by-design microreactor technology using thorium fuel in a subcritical solid-state design that requires no refueling.
4. Fleet and Market Context
Scorpio Tankers operates 89 product tankers with an average age of 10.1 years and has sale agreements for one LR2 and four MR vessels closing in Q2 2026. The company also has orders for four MR and four LR2 newbuildings scheduled for delivery through 2029, plus two VLCC newbuildings in H2 2028.