Terrestrial Energy

Terrestrial Energy
IndustryNuclear Power
Founded2012
HeadquartersCharlotte, North Carolina, United States
Key people
Simon Irish (CEO)
Websitehttps://www.terrestrialenergy.com/

Terrestrial Energy is a U.S. nuclear technology company working on Generation IV nuclear technology.[1] The nuclear plant is designed to produce cost-competitive, high-temperature thermal energy with zero emissions.

The company is developing a 2x195 MWe Integral Molten Salt Reactor (IMSR) plant design.[2] The Canadian Nuclear Safety Commission[3] completed its programmatic Pre-Licensing Vendor Design Review[4] of the IMSR plant design successfully in 2023.[5]

The IMSR uses molten salt reactor technology and is one example of a small modular reactor (SMR) characteristic of Generation IV nuclear reactor designs.

History

Terrestrial Energy announced plans to go public[6] in March 2025 via special purpose acquisition company HCM II Acquisition Corp.

Terrestrial Energy and The Texas A&M University System announced plans in February 2025 to site an IMSR plant[7] at the Texas A&M-RELLIS campus about 9 miles west of Texas A&M University in College Station.

The company announced an agreement with EnergySolutions[8] in December 2024 to explore possible siting of IMSR plants at EnergySolutions-owned sites. In October 2024, Terrestrial Energy signed an agreement with Viaro Energy[9] to develop an IMSR plant in the United Kingdom.

References

  1. ^ Temple, James. "Advanced nuclear finds a more welcome home in Canada than the U.S." MIT Technology Review. Retrieved 11 February 2019.
  2. ^ "Terrestrial signs up BWXT for technical support - World Nuclear News". www.world-nuclear-news.org. Retrieved 11 February 2019.
  3. ^ Yetisir, Metin. "Recent Developments in Small Modular Reactors in Canada" (PDF).
  4. ^ "Pre-Licensing Vendor Design Review". 3 February 2014. Retrieved 9 February 2021.
  5. ^ 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.
  6. ^ Chant, Tim De (2025-03-26). "Nuclear startup Terrestrial Energy goes public via SPAC, netting $280M in merger". TechCrunch. Retrieved 2025-04-17.
  7. ^ "Texas A&M System Goes Nuclear". stories.tamu.edu. 2025-02-04. Retrieved 2025-04-17.
  8. ^ "EnergySolutions, Terrestrial sign MoU on IMSR deployment". World Nuclear News. Retrieved 2025-04-17.
  9. ^ Staff Writer (2024-10-24). "New partnership to advance MSR technology in UK". Nuclear Engineering International. Retrieved 2025-04-17.