Terra Innovatum reaffirms fully funded plan for first SOLO reactor deployment in 2027
NKLR•NKLR•NKLR•NKLR•Terra Innovatum said existing resources are expected to fund its first SOLO reactor deployment, targeted for 2027, without additional equity financing. It reported $91.1 million in cash and cash equivalents as of June 30, 2026, and said 12 of 18 draft safety report chapters have been shared with the NRC.
Terra Innovatum reaffirmed its 2027 target for its first SOLO reactor deployment and said it expects existing resources to fund the project without additional equity financing. Cash and cash equivalents totaled $91.1 million as of June 30, 2026. The company has shared 12 of 18 draft safety report chapters with the U.S. Nuclear Regulatory Commission; the remaining six are due October 30, with the next readiness-review milestone expected by November-end, subject to NRC scheduling. Procurement has begun for major reactor components, with down payments made for graphite components, turbine-generator equipment and an air-cooled condenser.
