Press Releases

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 commercialization of its Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

Choosing Canadian Generation IV SMR Would Reward Ontario with Once-in-a-Generation Economic Windfall: Hatch Study

· Next-generation (“Generation IV”) nuclear reactor power plants have enormous potential to replace fossil fuel plants in Canada’s and the world’s energy grids

· Exporting commercial nuclear power plant technology could contribute more to the Canadian economy than automobile manufacturing by 2050

· Only Generation IV reactor technology will dramatically improve the economics of nuclear power generation to allow Canada to maximize the benefits and perpetuate its traditional leadership in commercial nuclear power

· Choosing a Canadian Generation IV reactor technology, rather than a technology developed outside of Canada, has the greatest potential to boost employment for Canadian companies many times over and maximize GDP benefits for Ontario and Canada

Oakville, Ont.

Oakville, Ontario, Canada – May 4, 2021 – Hatch and Terrestrial Energy have signed an engineering services contract to support deployment of the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

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.

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.

OAKVILLE, ON – October 6, 2020 – The Terrestrial Energy Integral Molten Salt Reactor (IMSR®) has been selected by Ontario Power Generation for further evaluation under the electric utility’s program to deploy small modular reactor (SMR) power plants.

OAKVILLE AND MONTREAL – September 30, 2020 – Terrestrial Energy has awarded L3Harris Technologies a contract to develop an engineering and operator training simulator for the Integral Molten Salt Reactor (IMSR®), a Generation IV nuclear power plant.

The IMSR® power plant simulator is being built at L3Harris’ operation in Montreal, Quebec and will be delivered to Terrestrial Energy’s Oakville, Ontario facility in 2021.

Oakville, Ontario, Canada – September 15, 2020 –Terrestrial Energy is pleased to announce an agreement with Canadian Nuclear Laboratories (CNL) to collaborate on a program of work evaluating Safeguards related to the operation of Terrestrial Energy’s Integral Molten Salt Reactor (IMSR®), a Generation IV advanced nuclear power plant.

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).