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Terra Innovatum Global Files New Investor Presentation Updating Timeline for First-of-A-Kind SOLO™ Deployment in 2027 from 2028
Globenewswire·2025-10-17 12:00

Core Viewpoint - Terra Innovatum Global N.V. has updated its timeline for the deployment and commercialization of its SOLO™ micro-modular reactor, now expecting deployment in 2027 and commercialization in 2028, which is a shift from previous expectations of 2028 and 2029 respectively [1][2] Company Overview - Terra Innovatum is focused on making nuclear power accessible through scalable and affordable micro-reactor solutions, aiming to address global energy shortages [2][3] - The SOLO™ Micro-Modular Reactor (SMR™) is designed to provide efficient, safe, and environmentally friendly energy, leveraging advanced nuclear technology [3] Product Details - The SOLO™ reactor is anticipated to be available globally within three years, having been conceptualized in 2018 and engineered over six years [4] - It is built from readily available commercial components, ensuring rapid deployment and minimizing supply chain risks, while also being adaptable to evolving fuel options [4] Applications - SOLO™ offers versatile applications, including CO2-free power solutions for data centers, remote towns, and large-scale industrial operations in sectors like cement, oil and gas, and mining [5] - It can also supply heat for industrial processes and contribute to medical applications by producing essential radioisotopes for oncology research [5] Regulatory Milestones - Key regulatory milestones for achieving the 2028 commercialization target include: - Initiation of construction permit application activities in 2025 - Expected construction permit approval and operating license approval in 2027 - Commercial license approval and commercialization in 2028 [8]