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Terra Innovatum Global and Manufacturing Partner ATB Riva Calzoni Announce Joint Participation at World Nuclear Exhibition 2025 in Paris
Globenewswire· 2025-10-27 14:04
Core Viewpoint - Terra Innovatum Global N.V. is set to showcase its SOLO™ micro-modular reactor technology at the World Nuclear Exhibition 2025, highlighting its commitment to advancing nuclear energy solutions and strategic partnerships in the industry [1][3]. Company Overview - Terra Innovatum is a developer of micro-modular nuclear reactors, aiming to make nuclear power accessible and scalable, with a focus on safety and affordability [6][7]. - The company plans to deploy its first SOLO™ reactor by 2027, with commercial operations expected to begin in 2028 [3][8]. Event Participation - The company will participate in the World Nuclear Exhibition 2025 in Paris from November 4-6, 2025, marking its first major industry conference since its public listing on Nasdaq [1][3]. - Key executives from Terra Innovatum will present at the event, discussing the SOLO™ technology and engaging with industry leaders [2][3]. Technology and Innovation - The SOLO™ micro-modular reactor is designed to operate on low-enriched uranium (LEU) fuel and is built from off-the-shelf components, facilitating a proven licensing path for rapid deployment [3][8]. - The reactor is engineered to address global energy demands and is adaptable to future fuel supplies, supporting both LEU+ and high-assay low-enriched uranium (HALEU) [8]. Market Applications - SOLO™ is expected to provide CO2-free power solutions for various applications, including data centers, remote mini-grids, and industrial operations in sectors like cement, oil and gas, and steel manufacturing [9]. - The reactor can also supply heat for industrial processes and produce medical radioisotopes for oncology research and treatment [9]. Strategic Partnerships - Terra Innovatum is collaborating with ATB Riva Calzoni, a global supplier of nuclear components, to enhance its market presence and support its commercialization roadmap [4][3]. - The partnership aims to leverage ATB's extensive experience in the nuclear sector to facilitate the deployment of the SOLO™ technology [4]. Industry Context - The World Nuclear Exhibition features over 1000 exhibiting companies, making it a significant event for the civil nuclear industry and a platform for innovation and collaboration [5]. - The exhibition will showcase both established and emerging companies in the nuclear sector, providing opportunities for networking and strategic partnerships [5].
TerraInnovatum Partners with Ameresco to Jointly Pursue Public-Private Commercial Opportunities in the U.S. and Global Markets to Deploy SOLO Micro-Modular Reactors
Globenewswire· 2025-09-29 12:00
Core Insights - Terra Innovatum and GSR III Acquisition Corp have signed a memorandum of understanding with Ameresco to establish a framework for the deployment of SOLO™ micro-modular reactors, aiming for 50 units across federal and commercial sites [1][3][5] Company Overview - Terra Innovatum is focused on making nuclear power accessible through scalable and safe micro-reactor solutions, specifically the SOLO™ Micro-Modular Reactor [4][5] - The SOLO™ reactor is designed to address global energy shortages and is built from readily available components, ensuring rapid deployment and cost predictability [6] Strategic Collaboration - The partnership with Ameresco is expected to leverage their extensive industry network and expertise to identify suitable sites for the SOLO™ reactors, facilitating a diversified path to market [3][5] - Ameresco's experience in delivering energy solutions will support the critical energy needs of federal and commercial customers, enhancing mission readiness and energy assurance [3][6] Market Potential - SOLO™ is anticipated to be available globally within the next three years, with applications in various sectors including data centers, remote towns, and hard-to-abate industries like cement and steel manufacturing [6][7] - The modular design of SOLO™ allows for scalable power delivery, with the potential to generate up to 1GW or more of CO2-free power, making it a viable alternative to fossil fuel-based thermal plants [7]