Terra Innovatum Global N.V. (NASDAQ: NKLR), a developer of micro-modular nuclear reactors, today reported its third-quarter fiscal year 2025 financial and operating results.
The company generated $131 million from the successful business combination with GSR III Acquisition Corp. and related equity financing on October 9, 2025
It also raised sufficient capital to license, construct, build and operate the first-of-a-kind SOLOTM micro-modular reactor by 2027 and strengthen supply chain and accelerate scale-up
The company also announced third-party component and fuel supply chain partners secured in the U.S., Europe, and South America for the production of FOAK SOLO by 2027
It also announced first deployment site selected in Illinois, including an MOU for up to 50 commercial SOLO units to be deployed
Total commercial commitments of 100 SOLO units under non-binding MOUs, reinforcing growing market demand and early-stage adoption across key global sectors
CEO Alessandro Petruzzi said, “Terra Innovatum and the broader nuclear industry are undergoing a critical inflection point where massive clean energy demand and regulatory and geopolitical tailwinds are converging.
“As the first public microreactor developer to use non-proliferant commercially available LEU and off-the-shelf components, we have an incredible opportunity to capture this moment and become a major player in the new era of nuclear energy production by delivering safe, reliable and low-cost power to the world.”
NKLR ducked 45 cents, or 9.5%, to $4.14.
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