Scorpio Tankers Inc. announced that it has entered into a strategic collaboration with AMPERA, Inc. (“AMPERA”) to jointly develop and commercialize advanced micronuclear power solutions for marine, shipping and related maritime applications.

This strategic collaboration agreement aims to address growing global demand for reliable, zero-carbon power solutions in maritime, offshore and port infrastructure markets.

Scorpio Tankers and AMPERA plan to develop and deploy ultra-safe, nuclear-powered maritime energy systems, including floating nuclear power barges in the near term and nuclear-powered vessels over the longer term.

“This collaboration represents an important step toward the future of clean maritime energy, and our $10 million investment in AMPERA reflects both our conviction in nuclear and our confidence in the team,” said Emanuele Lauro, Chairman and Chief Executive Officer of Scorpio Tankers. “Nuclear microreactors have the potential to fundamentally change how ships and offshore infrastructure are powered, and we believe this collaboration positions us at the forefront of that transition.”

“AMPERA’s ultra-safe reactors are well aligned with the maritime sector as they could cut fuel costs, reduce weight, improve efficiency, increase capacity and eliminate carbon emissions for shipping companies,” said AMPERA CEO and Founder Brian Matthews. “We are pleased to team with Scorpio Tankers, which brings deep marine engineering expertise, global commercial reach and maritime regulatory experience.”

Strategic Collaboration

Through the collaboration, Scorpio Tankers will serve as the strategic market lead and domain expert for marine and maritime applications. The Company will contribute marine engineering, technical design, regulatory expertise and global commercial relationships across shipping and maritime infrastructure markets.

AMPERA will provide access to its safeguards-by-design proprietary micro-nuclear reactor technology and work jointly with Scorpio Tankers to develop commercial models and technical configurations tailored for maritime deployment, including power-as-a-service, leasing and long-term service agreements.

Market Opportunity

The maritime sector is facing increasing pressure to decarbonize while maintaining reliable power for shipping, offshore operations, ports, and remote infrastructure. Nuclear microreactor systems offer a potential long-duration, zero-emissions energy solution for marine propulsion, floating power generation and offshore energy supply.

The collaboration will focus on:

• Floating nuclear power barges.
• Nuclear-powered commercial vessels.
• Offshore and remote maritime energy supply.
• Port and coastal power infrastructure.
  Source: Scorpio Tankers Inc.