Updates

Terrestrial Energy Appoints Managing Director to Spearhead Commercialization of New Nuclear Technology in the UK

Oxford, United Kingdom, January 18, 2022 – Terrestrial Energy has appointed a senior nuclear industry executive as Managing Director of UK operations as the company advances its new nuclear technology.

Michael Drury joins the company from the UK National Nuclear Laboratory (NNL), where he led the business development function for New Build and Advanced Nuclear Technologies, including Small Modular Reactors and Advanced Modular Reactors.

The appointment comes as Terrestrial Energy moves forward with the development and commercialisation of its Integral Molten Salt Reactor (IMSR®) Generation IV nuclear technology in the UK.

Mr Drury has extensive experience of strategy and execution at the intersection of industry and government in the nuclear industry at both NNL and previously at Nuvia.

Simon Irish, CEO of Terrestrial Energy said: “Terrestrial Energy’s North American developments are moving its Generation IV nuclear power plant towards near term deployment, and we recognize that IMSR® technology is an ideal nuclear technology innovation for the UK, especially at a time of escalating energy and power prices.

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.

Terrestrial Energy Opens Charlotte Office to Lead IMSR Generation IV Nuclear Plant Commercialization

CHARLOTTE, NC – November 18, 2020 – Terrestrial Energy USA has opened its new headquarters office in Charlotte, North Carolina as it continues with commercial development of its Integral Molten Salt Reactor (IMSR®) power plant.

Terrestrial Energy and Argonne National Laboratory Begin Detailed Testing of Fuel Salt for IMSR Generation IV Nuclear Plant

GREENWICH, CT – November 10, 2020 – Terrestrial Energy USA and Argonne National Laboratory (ANL) have commenced detailed testing of the Integral Molten Salt Reactor (IMSR®) Generation IV advanced nuclear power plant fuel salt.

Terrestrial Energy Appoints Former UK Minister of Climate Change to Advisory Board

OAKVILLE, ON – October 21, 2020 – Terrestrial Energy welcomes to its Advisory Board Lord Duncan of Springbank, a Life Peer in the United Kingdom’s House of Lords.

Terrestrial Energy USA and Centrus Energy Partner on Fuel Supply for IMSR Generation IV Nuclear Plants

GREENWICH, CT and BETHESDA, MD – October 13, 2020 – Terrestrial Energy USA and Centrus Energy Corp. have signed a memorandum of understanding to secure fuel supply for a future fleet of Integral Molten Salt Reactor (IMSR®) power plants.

Terrestrial Energy IMSR Supplier Forum Hosted by Organization of Canadian Nuclear Industries

Oakville, Ontario – May 28, 2020 – Terrestrial Energy executives discussed plans for developing the Integral Molten Salt Reactor (IMSR®) power plant and opportunities for suppliers on a May 26 webcast hosted by the Organization of Canadian Nuclear Industries (OCNI).

Xcel Energy Joins Terrestrial Energy’s Industrial Advisory Board

Oakville, Ontario – February 25, 2020 – Terrestrial Energy announced today that Xcel Energy has joined its Industrial Advisory Board. In late 2018, Xcel Energy became the first major U.S.

Terrestrial Energy Appoints the Rt. Hon. Stephen Harper, Canada’s 22nd Prime Minister, to Advisory Board

Oakville, Ontario – February 11, 2020 – Terrestrial Energy has appointed the Right Honourable Stephen Harper to the Company’s Advisory Board. Mr.

Terrestrial Energy IMSR Advanced Reactor Selected by Canadian and U.S. Regulators for Joint Review

Oakville, Ontario and New York – December 4, 2019 – The Canadian Nuclear Safety Commission (CNSC) and the United States Nuclear Regulatory Commission (NRC) have selected Terrestrial Energy’s Integral Molten Salt Reactor (IMSR®) for the first joint technical review of an advanced, non-light water nuclear 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®).