Terrestrial Energy

Terrestrial Energy
IndustryNuclear power
Founded2012
HeadquartersCharlotte, North Carolina, United States
Key people
Simon Irish (CEO)[1]
Websiteterrestrialenergy.com

Terrestrial Energy is an American nuclear technology company working on Generation IV nuclear technology.[2] The company is developing an Integral Molten Salt Reactor (IMSR).[3]

History

By late 2017, it was in talks with the Canadian government to potentially secure the Canadian National Labs in Chalk River, Ontario as the location of its first plant.[2] The Canadian Nuclear Safety Commission[4] completed its prelicensing design review[5] of the IMSR plant design in 2023.[6]

In December 2024, the company signed a deal with EnergySolutions to evaluate decommissioned nuclear sites as possible IMSR deployment sites.[7] In February 2025, it was one of four reactor developers selected by Texas A&M University System for site construction and operation of small modular reactor plants (SMRs) at the Texas A&M-RELLIS campus[1] near College Station.

In March 2025, it went public via a special-purpose acquisition company (SPAC) merger with HCM II Acquisition Corp.[8]

Plant design

Using molten salt reactor technology,[2] the nuclear plant is designed to produce thermal energy.

See also

 

References

  1. 1 2 "Texas A&M System Goes Nuclear". stories.tamu.edu. 2025-02-04. Retrieved 2025-04-17.
  2. 1 2 3 Temple, James. "Advanced nuclear finds a more welcome home in Canada than the U.S." MIT Technology Review. Retrieved 11 February 2019.
  3. ↑ "Terrestrial signs up BWXT for technical support - World Nuclear News". www.world-nuclear-news.org. Retrieved 11 February 2019.
  4. ↑ Yetisir, Metin. "Recent Developments in Small Modular Reactors in Canada" (PDF).
  5. ↑ "Pre-Licensing Vendor Design Review". 3 February 2014. Retrieved 9 February 2021.
  6. ↑ Canadian Nuclear Safety Commission (2023-04-18). "Executive summary: Phase 2 pre-licensing vendor design review - Terrestrial Energy Inc". www.cnsc-ccsn.gc.ca. Retrieved 2025-08-04.
  7. ↑ "EnergySolutions, Terrestrial sign MoU on IMSR deployment". World Nuclear News. Retrieved 2025-04-17.
  8. ↑ Chant, Tim De (2025-03-26). "Nuclear startup Terrestrial Energy goes public via SPAC, netting $280M in merger". TechCrunch. Retrieved 2025-04-17.