Rolls-Royce

Rolls-Royce Power Systems AG (NYSE: RR) is a world-leading provider of high-speed engines, propulsion systems, and power solutions based in Friedrichshafen, Germany. The company was formed in 2011 as a joint venture between Rolls-Royce plc and Daimler AG, and has been fully consolidated into Rolls-Royce plc since January 2013. Rolls-Royce Power Systems employs over 9,000 people globally and operates under the mtu brand.

Rolls-Royce Power Systems offers a diverse portfolio of products and services across several key segments:

• Power Generation: The company provides diesel and gas generator sets for emergency, base-load and peak-load power requirements. It also offers microgrid solutions and battery energy storage systems to support the integration of renewable energy sources.

• Marine: mtu engines and propulsion systems are used in commercial ships, yachts, and naval vessels. The company recently acquired Team Italia Marine to extend its marine automation and bridge offerings.

• Defense: Rolls-Royce develops engines and power systems for military vehicles, aircraft, and submarines. It is involved in programs like AUKUS and the B-52 engine replacement.

• Industrial: The company supplies engines for mining equipment, locomotives, and other heavy industrial applications.

In 2023, Rolls-Royce Power Systems reported strong financial performance with revenues of EUR 4.56 billion, up 16% from 2022. The company saw particularly robust growth in its power generation segment, driven by demand for data center backup power solutions. Rolls-Royce Power Systems is investing in new technologies to support sustainability goals, including the development of hydrogen fuel cells, electrolyzers, and engines compatible with sustainable fuels. The company aims to have its key engine series ready for sustainable fuels by 2023 and plans to offer CO2-free fuel cell power generation from 2025.