Updates

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.

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.

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.

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.

Preston, United Kingdom and Oakville, Ontario – August 17, 2021 – Westinghouse, the UK National Nuclear Laboratory (NNL), and Terrestrial Energy have signed an agreement for nuclear fuel development and supply.

A common misconception about advanced nuclear technologies is that they are largely conceptual and will not be commercialized in time to contribute to meeting near-term climate goals.

Terrestrial Energy has contracted with ENGIE Laborelec in Belgium for technical services. This contract is part of Terrestrial Energy’s nuclear fuel salt qualification program for the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

ENGIE Laborelec will perform confirmatory electrochemical and thermophysical measurements as well as confirmatory corrosion testing.

Oakville, Ontario, Canada – April 1, 2021 – Terrestrial Energy has signed an engineering and construction services agreement with Aecon Group Inc.

Frankenthal, Germany and Oakville, Ontario, Canada – March 17, 2021 – Terrestrial Energy has awarded KSB Pumps a supply contract to develop and manufacture primary pumps for use in the Integral Molten Salt Reactor (IMSR®), a Generation IV advanced nuclear power plant.

Small modular reactors are drawing the attention of policy makers across the U.S. and Europe because of their versatility. They can deliver a steady flow of energy both in the form of heat and electricity.