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. The largest of the DOE awards announced Nov. 18, the award supports modeling and...
Oakville, Ontario – October 26, 2021 – Terrestrial Energy has awarded BWXT Canada Ltd. engineering design contracts for steam generators and heat exchangers for use in the Integral Molten Salt Reactor (IMSR), a Generation IV nuclear power plant. These awards are a continuation of the multi-year collaboration between Terrestrial Energy and BWXT Canada for steam-supply...
Oakville, Ont. – October 19, 2021 – Terrestrial Energy in a statement today congratulated Ontario Power Generation (OPG) on receiving an extension to the Site Preparation License for its Darlington New Nuclear Project. The Canadian Nuclear Safety Commission (CNSC) announced its decision to renew the licence for 10 years, permitting OPG to prepare the Darlington...
Oakville, Ont. – October 13, 2021 – Terrestrial Energy and Cameco Corporation (TSX: CCO; NYSE: CCJ), both leading Canadian companies in their fields, have signed a Memorandum of Understanding (MOU) to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) Generation IV nuclear power plants in North America and worldwide, and...
Bethesda, Maryland, and Oakville, Ontario – September 29, 2021 – Terrestrial Energy has entered into an agreement with Orano, a global leader in the nuclear fuel cycle, as part of its fuel supply program for operation of the Integral Molten Salt Reactor (IMSR), a Generation IV “next-generation” nuclear power plant. The agreement’s broad scope of...
OAKVILLE, ON, September 28, 2021 – Terrestrial Energy, a developer of Generation IV Small Modular Reactor (SMR) power plants based in Oakville, Ontario, today announced a Memorandum of Understanding (MOU) with Saskatoon-based First Nations Power Authority (FNPA), the only North-American, non-profit, Indigenous owned and controlled organization developing power projects with Indigenous communities. Terrestrial Energy has...
Oakville, ON – September 14, 2021 – Terrestrial Energy today announced its upgraded Integral Molten Salt Reactor (IMSR) nuclear power plant design – the IMSR400 – a facility with a net 390 MW of electric generation capacity for grid supply from twin reactors and generators. This upgrade, in response to utility requirements, further increases the...
Oakville-based headquarters continues its expansion with additional Ontario-based hires Oakville, ON – August 24, 2021 – Terrestrial Energy Inc. today announced its 100th hire at its Oakville, Ontario headquarters where the company is developing its proprietary Integral Molten Salt Reactor (IMSR), a Small Modular Reactor (SMR) power plant design that uses next-generation Generation IV reactor...
Preston, United Kingdom and Oakville, Ontario – August 17, 2021 – Westinghouse, the UK National Nuclear Laboratory (NNL), and Terrestrial Energy have signed an agreement for nuclear fuel development and supply. The agreement is to advance the industrial scale up and commercial supply of enriched uranium fuel for use in Terrestrial Energy’s Integral Molten Salt...
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. The scope of the agreement includes support for engineering, component procurement, project and construction management, and power plant cost estimation relating...
