Core Insights - Terra Innovatum Global N.V. has achieved a significant milestone by securing all key components for its SOLO reactor unit, differentiating itself in the advanced-reactor sector [1][3][10] - The company has aligned its supply chain for both nuclear-grade and non-nuclear-grade components, reducing manufacturing and construction risks while ensuring readiness for future deployment [2][6] Supply Chain Readiness - The company has completed supply-chain alignment for critical components, which is essential for de-risking manufacturing timelines and ensuring deployment readiness [2][6] - Key nuclear-grade components secured include safety-critical items such as control and shutdown mechanisms, pressure vessels, and reactor cooling tubes [7] - Non-nuclear-grade components secured include systems vital for power conversion and thermal management, ensuring full integration and execution continuity [5][8] Engineering and Design Philosophy - The early alignment of supply chain elements reflects the company's focus on manufacturability, long-lead planning, and regulatory-aware design [4][9] - The disciplined engineering approach and design philosophy are aimed at enhancing execution and leveraging consolidated R&D and past experience [9] Market Position and Future Outlook - As global demand for clean power increases, the company's supply-chain readiness positions it favorably compared to competitors facing unresolved component sourcing issues [10] - The SOLO reactor is anticipated to be available globally by 2028, with a design that allows for rapid deployment and adaptability to future fuel supplies [14] - The reactor is designed for versatile applications, including CO2-free power solutions for data centers, industrial operations, and medical applications [15]

Core Insights - Stack Capital Group Inc. has invested $5 million USD in X-energy Reactor Company, an advanced nuclear technology firm focused on developing next-generation small modular reactors and proprietary nuclear fuel solutions [1][2]. Company Overview - X-energy, founded in 2009 and based in Rockville, Maryland, specializes in safe, reliable, and carbon-free energy solutions, including the Xe-100 small modular reactor and TRISO-X particle fuel [2]. - The company has secured approximately $1.8 billion in private capital and up to $1.2 billion in funding from the U.S. Department of Energy through the Advanced Reactor Demonstration Program [2]. - X-energy is supported by major stakeholders such as Amazon, Dow Inc., and Ontario Power Generation, positioning it as a leader in advanced nuclear commercialization [2]. Industry Context - The demand for reliable, carbon-free baseload power is critical for global economic growth, especially with the rise of AI, electrification, and industrial decarbonization [4]. - Advanced nuclear energy is seen as a scalable solution to meet this demand, with X-energy recognized as a category leader due to its differentiated technology and commercial traction [4].

Core Insights - Oklo Inc. has entered into an agreement with Meta Platforms, Inc. to develop a 1.2 GW power campus in Pike County, Ohio, aimed at supporting Meta's data centers in the region [1] - The agreement allows Meta to prepay for power and provides funding to enhance project certainty for Oklo's Aurora powerhouse deployment [1] - Funds from the agreement will be utilized by Oklo to secure nuclear fuel for the project [1] Company Summary - Oklo Inc. is an advanced nuclear technology company focused on developing innovative energy solutions [1] - The partnership with Meta signifies a strategic move to bolster Oklo's project development and financial stability [1] Industry Context - The collaboration highlights the growing interest in advanced nuclear technology as a sustainable energy source for large-scale data centers [1] - This agreement reflects a trend where tech companies are seeking reliable and clean energy solutions to support their operations [1]

Core Insights - Oklo experienced a significant increase in stock value in 2025, with shares rising approximately 480% from $10,000 to about $58,000, before declining to around $23,850 by the end of the year [1][2] - The company is viewed as a potential investment opportunity, with a hypothetical $500 investment today potentially growing to about $1,690 if it replicates a 238% increase similar to 2025 [2] Company Overview - Oklo is recognized as a pioneer in advanced nuclear technology, particularly in developing microreactors aimed at meeting the energy demands of data centers and AI [4] - The company has a market capitalization of $12 billion, with current stock prices fluctuating between $72.13 and $77.92 [5][6] Government Support and Development - Oklo has received backing from the U.S. government, benefiting from pro-nuclear policies and is currently constructing its first Aurora powerhouse at the Idaho National Laboratory, which is expected to demonstrate criticality by July 4, 2026 [6] Regulatory Challenges - A key challenge for Oklo is obtaining approval from the Nuclear Regulatory Commission (NRC) to build and operate reactors commercially, which is essential for generating revenue [7] - Until regulatory approval is secured, the company's revenue generation capabilities will remain limited, and investors may face a prolonged wait for returns [7] Investment Considerations - Oklo is characterized as a speculative investment in the future of energy, with recommendations for long-term investors to consider a $500 investment, while more conservative investors might explore nuclear energy ETFs for diversified exposure [9]

Core Insights - Oklo Inc. has received approval from the U.S. Department of Energy's Idaho Operations Office for the Preliminary Documented Safety Analysis (PDSA) for the Aurora Fuel Fabrication Facility (A3F) [1] - This approval marks the commencement of the assembly of the A3F, which is intended to fabricate fuel for Oklo's first commercial-scale powerhouse [1] Company Summary - Oklo Inc. is an advanced nuclear technology company focused on developing innovative nuclear solutions [1] - The Aurora Fuel Fabrication Facility (A3F) will play a crucial role in supporting Oklo's commercial operations by producing fuel [1] Industry Context - The approval of the PDSA is a significant step in the advancement of nuclear technology and its applications in energy production [1] - The establishment of the A3F aligns with the growing interest in advanced nuclear technologies as a sustainable energy source [1]

Core Viewpoint - Natura Resources LLC has acquired Shepherd Power from NOV Inc. to enhance the commercialization of its small modular reactor (SMR) technology, aiming to deliver multiple gigawatts of SMRs for data centers and industrial applications between 2029 and 2032 [1][2]. Group 1: Acquisition and Strategic Partnership - The acquisition of Shepherd Power adds reactor deployment expertise, including regulatory and licensing experience, to Natura, strengthening its path to commercial deployment [3][4]. - The agreement aligns Natura's molten salt reactor design with NOV's manufacturing and project management expertise, facilitating the delivery of advanced nuclear reactors [2][8]. Group 2: Technology and Market Potential - Natura's molten salt reactor (MSR) design operates at high temperature and atmospheric pressure, enhancing safety and reducing waste, while being capable of using various fuel types, including recycled waste fuel [5]. - The modular construction of Natura's reactors lowers capital costs compared to traditional reactors, making its 100-megawatt commercial-scale reactor competitive with other clean baseload power generation options [6]. Group 3: Regulatory and Deployment Timeline - The Nuclear Regulatory Commission issued a construction permit for Natura's 1-megawatt reactor at Abilene Christian University, with deployment expected in 2026 [9]. - Natura plans to file two commercial reactor applications with the NRC by the end of 2025, targeting medical isotope production and grid-scale electricity generation, with the first 100-megawatt reactor expected to be deployed in 2029 [9]. Group 4: Financial Backing and Commitment - Natura has secured over $120 million in private funding and a commitment of $120 million from the State of Texas, establishing itself as a leading force in the advanced nuclear industry [10].

Table of Contents As filed with the U.S. Securities and Exchange Commission on November 25, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 TERRESTRIAL ENERGY INC. (Exact name of registrant as specified in its charter) Delaware 3443 98-1785406 (Primary Standard Industrial (I.R.S. Employer Identification Number) Charlotte, NC 28217 (646) 687-8212 (Address, including zip code, and telephone numb ...

Core Insights - Centrus Energy Corp. plays a crucial role in the U.S. uranium enrichment capacity and is positioned to support advanced nuclear technology development in the country [1] Company Overview - Centrus Energy Corp. is identified as a key enabler for the U.S. ambitions in uranium enrichment, which is essential for the growth of advanced nuclear technologies [1]

Industry Overview - Nuclear power is experiencing a resurgence, with multiple countries signing the Declaration to Triple Nuclear Energy by 2050, supported by financial institutions [2][9] - The appeal of nuclear energy lies in its scalability, reliability, and zero-carbon emissions, making it a priority in the U.S. due to rising electricity demands [3][2] Company Focus: Oklo - Oklo, a nuclear power start-up, is backed by notable figures including OpenAI CEO Sam Altman and former board member Chris Wright, who is the current U.S. Secretary of Energy [4] - The stock of Oklo has seen a significant increase of 347% over the past year, although it is currently 52% below its all-time high [5] Technology and Development - Oklo is developing advanced fission power plants known as Aurora powerhouses, focusing on research, development, and obtaining necessary certifications [6] - The Aurora powerhouses utilize metal-fueled fast-reactor technology, initially designed to produce 15 MWe and 75 MWe, with future plans to expand to 100 MWe and beyond [7] Market Opportunity - The long-term growth potential for Oklo is driven by increasing power demand in sectors such as AI, data infrastructure, electrification, and decarbonization, which its modular nuclear plants can address [8]

Core Insights - NANO Nuclear Energy Inc. has successfully completed the first full tests of its proprietary Annular Linear Induction Pump (ALIP) at fluid temperatures of up to 350°C, marking significant progress towards commercialization [1][6][9] Technology Development - The ALIP is designed for thermal management in advanced nuclear energy platforms, utilizing high boiling-point coolants like molten salts and liquid metals, and employs electromagnetic pumping mechanisms for enhanced reliability [2][5] - Testing was conducted in collaboration with aRoboticsCompany to validate new features aimed at maximizing the pump's lifespan in maintenance-free environments such as space and nuclear applications [5][6] Commercialization Progress - The successful testing phase validates the core design and durability of the ALIP, positioning the company to advance towards pre-commercialization activities [6][8] - NANO Nuclear plans to enhance the ALIP's reliability and efficiency while reducing production costs through precision manufacturing processes and electromagnetic quality control systems [7][9] Future Outlook - The company is preparing to move into the next phase of the ALIP commercialization program, aiming to position the technology as a zero-maintenance alternative to mechanical molten-metal pumps for both terrestrial and space applications [8][9] - NANO Nuclear's long-term roadmap includes the development of various advanced nuclear technologies, including the KRONOS MMR™ Energy System and the portable LOKI MMR™ for space applications [10][11][15]