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Press Releases

Terrestrial Energy Signs Agreement for the Supply of Steam Turbines for IMSR Nuclear Power Plant

Oakville, Ontario, Canada – November 30, 2021 – Terrestrial Energy and Siemens Energy Canada have signed a contract for the manufacturing and supply of steam turbines and other balance-of-plant equipment, such as transformers, switchgear, and motor drive systems, for the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

The IMSR® generates steam for power generation at standard utility class temperature and pressure, and from systems that are isolated from its nuclear reactor.

Terrestrial Energy Awarded US Government Grant for IMSR Development

CHARLOTTE, NC – November 24, 2021 – Terrestrial Energy USA was awarded a $3 million grant from the U.S. Department of Energy (DOE) to support licensing and commercialisation of its Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study

Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study

· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids

· Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050

· Only Generation IV reactor technology will dramatically improve the economics of nuclear power generation to allow Canada to maximize the benefits and perpetuate its traditional leadership in commercial nuclear power

· Choosing a Canadian Generation IV reactor technology, rather than a technology developed outside of Canada, has the greatest potential to boost employment for Canadian companies many times over and maximize GDP benefits for Ontario and Canada

Oakville, Ont.

Terrestrial Energy Awards Major Component Design Contracts to BWXT Canada

Oakville, Ontario – October 26, 2021 – Terrestrial Energy has awarded BWXT Canada Ltd. engineering design contracts for steam generators and heat exchangers for use in the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

Terrestrial Energy Congratulates OPG for Darlington Site Work Approval

Oakville, Ont. – October 19, 2021 – Terrestrial Energy in a statement today congratulated Ontario Power Generation (OPG) on receiving an extension to the Site Preparation License for its Darlington New Nuclear Project.

Terrestrial Energy and Cameco to Examine Partnerships for Deploying IMSR Generation IV Nuclear Power Plant

Oakville, Ont. – October 13, 2021 – Terrestrial Energy and Cameco Corporation (TSX: CCO; NYSE: CCJ), both leading Canadian companies in their fields, have signed a Memorandum of Understanding (MOU) to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR®) Generation IV nuclear power plants in North America and worldwide, and to evaluate possible opportunities for the supply of uranium supply, fuel and other services.

Terrestrial Energy and Orano Sign Comprehensive Agreement for Nuclear Fuel Supply for IMSR Power Plant

Bethesda, Maryland, and Oakville, Ontario – September 29, 2021 – Terrestrial Energy has entered into an agreement with Orano, a global leader in the nuclear fuel cycle, as part of its fuel supply program for operation of the Integral Molten Salt Reactor (IMSR®), a Generation IV “next-generation” nuclear power plant.

The agreement’s broad scope of services includes uranium enrichment, chemical conversion to IMSR® fuel form, its production, transportation, packaging, and logistics.

Terrestrial Energy Signs MOU With First Nations Power Authority

OAKVILLE, ON, September 28, 2021 – Terrestrial Energy, a developer of Generation IV Small Modular Reactor (SMR) power plants based in Oakville, Ontario, today announced a Memorandum of Understanding (MOU) with Saskatoon-based First Nations Power Authority (FNPA), the only North-American, non-profit, Indigenous owned and controlled organization developing power projects with Indigenous communities.

Terrestrial Energy Announces Upgraded IMSR400 Generation IV Nuclear Power Plant

Oakville, ON – September 14, 2021 – Terrestrial Energy today announced its upgraded Integral Molten Salt Reactor (IMSR®) nuclear power plant design – the IMSR®400 – a facility with a net 390 MW of electric generation capacity for grid supply from twin reactors and generators.

Terrestrial Energy Celebrates 100th Addition to Ontario Team

Oakville-based headquarters continues its expansion with additional Ontario-based hires

Oakville, ON – August 24, 2021 – Terrestrial Energy Inc. today announced its 100th hire at its Oakville, Ontario headquarters where the company is developing its proprietary Integral Molten Salt Reactor (IMSR®), a Small Modular Reactor (SMR) power plant design that uses next-generation Generation IV reactor technology.

Learn More About Terrestrial Energy

Terrestrial Energy is an industry-leading technology company committed to delivering reliable, emission-free, and cost-competitive nuclear energy with a truly innovative advanced reactor design, the Integral Molten Salt Reactor (IMSR®).