Terrestrial Energy Stock
Deploying advanced reactor power plants based on the Molten Salt Reactor, in the 2020s
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About Terrestrial Energy Stock
Terrestrial Energy is a vendor of advanced reactor power plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. This technology represents true innovation in cost reduction, safety and functionality. IMSR power plants will provide clean, convenient, dispatchable and cost-competitive heat for many industrial applications, including electric power provision and heat for industrial processes, such as chemical synthesis and desalination. They extend the application of nuclear energy far beyond electric power markets. IMSR power plants promise to transform industrial competitiveness, energy security, and drive economic growth. Their deployment can realize rapid global decarbonization of the primary energy system by displacing fossil fuel combustion across a broad spectrum. Using an innovative design, and proven and demonstrated Molten Salt Reactor technology, IMSR power plants can be brought to market in the 2020s.
Funding History
January 2016 | $10.0M |
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March 2016 | $5.7M |
September 2016 | $5.3M |
September 2017 | $5.9M |
Management
President & CTO
David LeBlanc
CFO
Canon Bryan
CEO
Simon Irish
Press
whatech - Mar, 1 2024
Small Modular Reactor Market to Projected To Grow USD 6.98 Billion by 2030, growing by Sustainable Solution...pittsburghsportscastle - Mar, 1 2024
Thorium Reactor Market 2031 Insights with Key Innovations Analysis |General Electric, Mitsubshi Heavy Industries ...financialpost - Feb, 18 2024
Terrestrial Energy and ENEC Sign MOU to Collaborate and Cooperate on IMSR Plant Development and Deploymentfinance - Jan, 28 2024
Small Modular Reactors (SMRs) for Data Centers: A Path to ...info - Dec, 23 2023
Westinghouse Awarded Trio of Grants from UK Nuclear Fuel Fund