Terra Innovatum Advances SOLO™ Construction Permit Application and Reactor Procurement, Reaffirms Fully Funded Path to 2027 First-Of-A-Kind Deployment

Terra Innovatum shared 12 of 18 planned draft PSAR chapters with NRC staff for its construction permit application readiness review, with the remaining six targeted by October 30, 2026. The company has made down payments on major components for its first SOLO reactor, including graphite from Mersen, turbine and generator from Howden, and an air-cooled condenser from SPG Dry Cooling, and is engaged with roughly 80% of anticipated suppliers. Terra Innovatum reaffirmed its existing resources are sufficient to fund licensing, manufacturing, construction and initial operations of the first reactor without additional equity financing, citing $91.1 million in cash as of June 30, 2026.

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