Nuclear startup Terrestrial Energy goes public via SPAC, netting $280M in merger
The North Carolina-based company is developing small modular reactors and expects to net $280 million from the deal. Before ...
Terrestrial Energy to Become First Publicly Traded Molten Salt Nuclear Reactor Developer Through Combination with HCM II Acquisition Corp.
Terrestrial Energy Inc. (“Terrestrial Energy” or the “Company”) is developing a small modular nuclear plant (the Terrestrial “IMSR plant”) using ...
New Atlas10d
Fuel breakthrough paves way for cutting-edge nuclear reactor
The Idaho National Laboratory (INL) has cleared a major hurdle in making a Generation IV nuclear reactor practical. Using a ...
Terrestrial Energy to Go Public Via SPAC
Terrestrial Energy has agreed to go public by merging with a blank check company. The company said the deal with blank-check company HCM II Acquisition gives it a pre-money equity value of $925 ...
SPAC HCM II Acquisition rises on Terrestrial Energy merger news
Investing.com -- Shares of blank check company HCM II Acquisition Corp. (NASDAQ: HOND) climbed 7.4% today following the ...
Fox 11 News7d
Kewaunee County leaders exploring ways to bring new life to nuclear power plant site
KEWAUNEE COUNTY (WLUK) -- Kewaunee County is hopeful that the site of the Kewaunee nuclear power plant can once again become a massive economic fixture in the community. The site is in ...
The National Law Review1d
Terrestrial Energy to Become First Publicly Traded Molten Salt Nuclear Reactor Developer Through Combination with HCM II Acquisition Corp.
Texas A&M RELLIS Texas A&M University recently selected Terrestrial Energy to partner on the construction of a commercial IMSR plant at the Texas A&M RELLIS campus, contributing to the university ...
Morningstar2d
Terrestrial Energy to Become First Publicly Traded Molten Salt Nuclear Reactor Developer Through Combination with HCM II Acquisition Corp.
Terrestrial Energy’s market leadership in the small modular reactor (SMR) sector is demonstrated by its delivery of key regulatory milestones. In 2023, the Canadian Nuclear Safety Commission ...
Yahoo Finance1d
Nuclear startup Terrestrial Energy goes public via SPAC, netting $280M in merger
Terrestrial Energy, a small nuclear startup, merged with an acquisition company on Wednesday. The North Carolina-based company is developing small modular reactors and expects to net $280 million ...