Terrestrial Energy develops small modular nuclear plants for dispatchable, carbon-free industrial heat and electricity. Its Generation IV Integral Molten Salt Reactor uses molten-fluoride salt as coolant and fuel, standard-assay low-enriched uranium, and a sealed, replaceable reactor core unit. On 12 May 2026, the company announced that the U.S. Nuclear Regulatory Commission issued a Safety Evaluation Report approving its IMSR Postulated Initiating Events Topical Report, a further foundational element of the reactor's licensing basis.
HCM II Acquisition Corp. (SPAC), $50M PIPE institutional investors