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Terrestrial Energy Inc. announced it raised $5.42 Million in an initial filing

Jul 24, 2020about 5 years ago

Amount Raised

$5.42 Million

CharlotteEnergy

Company Information

Company

Terrestrial Energy

Location

2730 W. Tyvola Road, Suite 100

Charlotte, North Carolina, United States

About

Terrestrial Energy is developing next-generation nuclear plants using its proprietary Integral Molten Salt Reactor (IMSR) technology. Designed for cost-efficiency, versatility, and high performance, IMSR plants provide zero-carbon, reliable, and low-cost high-temperature heat and electricity—ideal for industrial uses like chemical production and desalination. Extending nuclear energy beyond power generation, IMSR technology supports industrial competitiveness, energy security, and global decarbonization. Terrestrial Energy is actively working with regulators and partners to build and license its first IMSR plants by the early 2030s.

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