Press Releases

Oakville, Ontario, Canada – August 31, 2022 –Terrestrial Energy has completed an evaluation of its Integral Molten Salt Reactor’s (IMSR®) nuclear material safeguards in collaboration with the Canadian Nuclear Laboratories (CNL) with support from CNL’s Canadian Nuclear Research Initiative (CNRI).

“Safeguards” is an international regulatory framework administered in Canada by the Canadian Nuclear Safety Commission (CNSC) and is verified by the International Atomic Energy Agency (IAEA) under international treaty arrangements.

Signed MOU supports job creation and small modular reactor development in Alberta, focuses on reducing emissions in the oil and gas, and petrochemical industries

CALGARY, Alberta, Canada – August 11, 2022 – Terrestrial Energy, an industry-leading nuclear technology company, and Invest Alberta, the Government of Alberta’s crown corporation promoting high-value investments, have signed a Memorandum of Understanding (MOU) to support commercialization of Terrestrial Energy’s Integral Molten Salt Reactor (IMSR®) Generation IV small modular reactor (SMR) plant in Western Canada.

Terrestrial Energy’s IMSR® plant has unique potential to supply the heat and power (cogeneration) needs of many industrial activities, including those in the Alberta oil and gas, and petrochemical sectors.

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 commercialization 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.

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).

Frankenthal, Germany and Oakville, Ontario, Canada – March 3, 2020 – KSB and Terrestrial Energy have signed a Memorandum of Understanding (MOU) to collaborate on the supply of primary pumps for use in the Integral Molten Salt Reactor (IMSR®), a Generation IV advanced nuclear power plant.

The IMSR® primary molten salt pump circulates the fuel salt from the reactor graphite core to the primary heat exchangers, and it is a key component of Terrestrial Energy’s IMSR® power plant.

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.