In a groundbreaking move, Terra Innovatum secures $130 million in trust and equity financing to support the development and deployment of their innovative SOLO™ micro-modular reactor. The company is set to trade on Nasdaq under the symbol “NKLR” after receiving approval from GSRT shareholders. This funding is expected to accelerate growth, commercial scale-up, and supply chain enhancements for the project, positioning Terra Innovatum as a leader in delivering low-cost, zero-carbon, and reliable energy solutions on a global scale.

Terra Innovatum’s SOLO™ micro-modular reactor offers a scalable, affordable, and environmentally conscious energy solution, with plans to be available worldwide within the next three years. Engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO™ is designed to meet the growing demand for clean energy sources. The reactor supports both LEU+ and HALEU fuels, providing CO2-free power solutions for various applications, including data centers, remote communities, and industrial operations. Additionally, SOLO™ can produce radioisotopes crucial for medical research and cancer treatment, further showcasing its versatility and potential impact on multiple sectors.

Read more at GlobeNewswire: Terra Innovatum and GSR III Acquisition Corp. Announce