Core Insights - Terra Innovatum is advancing its SOLO™ micro-modular reactor licensing process with the U.S. Nuclear Regulatory Commission (NRC) aiming for commercialization by 2028 [1][4] - The company has submitted several key regulatory documents and engaged in discussions with the NRC to expedite the approval process [3][4] Licensing Progress - Key regulatory documents submitted include discussions on using commercially available low enriched uranium (LEU) fuel, an environmental report for the first-of-a-kind deployment site, and the Principal Design Criteria (PDC) [3] - The NRC has accepted the SOLO PDC topical report for review, with completion expected by the end of 2025 [3][4] - A white paper detailing factory-based manufacturing, transportation, and deployment has been submitted, with discussions initiated with the NRC and the U.S. Department of Transportation for necessary permits [3] Safety and Design Features - The company has submitted a core design presentation and initiated discussions on limiting the Emergency Planning Zone (EPZ) to the reactor's operational boundary, reflecting the reactor's safety design [3][4] - The Preliminary Safety Analysis Report (PSAR) outline has been submitted, including requests for exceptions based on the reactor's unique safety features [3] Commercialization Strategy - The company aims to streamline the regulatory process by leveraging commercially available LEU fuel and a factory-based deployment model [4] - Continued progress is expected throughout 2025, with the PSAR planned for submission in support of a construction permit application in 2026, and construction permit approval anticipated by 2027 [4] Market Potential - SOLO™ is designed to provide CO2-free power solutions for various applications, including data centers, remote towns, and industrial operations in hard-to-abate sectors [9] - The reactor can also produce radioisotopes for medical applications, addressing global energy demands with a scalable and affordable solution [8][9]
Terra Innovatum Advances U.S. NRC Licensing Process with Accelerated Regulatory Submissions for SOLO™ Reactor