GSR III Acquisition Corp Stock Price, News & Analysis

Terra Innovatum (NASDAQ:GSRT) announced that its SOLO™ micro-modular reactor design aligns with the U.S. Nuclear Regulatory Commission's (NRC) proposed streamlined licensing framework for proliferation-resistant reactors. The announcement follows NRC's public meetings on July 17-18, 2025, discussing licensing criteria for low-risk reactors.

The company's SOLO™ reactor, under development since 2018, incorporates a Safeguards by Design approach that limits Special Nuclear Materials (SNM) and includes features such as a compact sealed core design, real-time core measurement, and the use of standard Low Enriched Uranium fuel. These design elements align with guidelines from the International Atomic Energy Agency and Department of Energy.

[ "Design alignment with NRC's proposed licensing framework could streamline approval process", "SOLO reactor's built-in safeguards and proliferation-resistant features enhance regulatory compliance", "Use of standard Low Enriched Uranium fuel leverages existing infrastructure and licensing precedents" ]

Terra Innovatum, a micro-modular nuclear reactor developer, and GSR III Acquisition Corp. (NASDAQ:GSRT) announced their participation in H.C. Wainwright's virtual conference "Powering the Future: Advancing Innovation Through Nuclear" on July 15, 2025.

Key executives including CEO Alessandro Petruzzi, CBDO Giordano Morichi, and GSRT's President & CFO Anantha Ramamurti will participate in a fireside chat at 9:30 am ET. The presentation will be available via webcast on Terra Innovatum's investor relations website, with management conducting one-on-one meetings afterward.

GSR III Acquisition Corp. (NASDAQ:GSRT) and Terra Innovatum have announced a significant Memorandum of Understanding (MOU) with Rock City Admiral Parkway Development for the deployment of their innovative SOLO™ nuclear micro-modular reactor technology.

The agreement includes two major components: (1) hosting the first-of-a-kind (FOAK) SOLO™ reactor (1 MWe) at Rock City's six-million square-foot industrial park in Illinois, and (2) an option to deploy 50 additional SOLO™ reactors for up to 50 MWe of commercial power generation.

The partnership includes a 15-year power supply agreement for the FOAK deployment, extendable to 45 years through a core-swap lifecycle model. The SOLO™ reactors will provide clean, reliable behind-the-meter energy to Rock City's industrial, logistics, food distribution, and government clients.

Terra Innovatum and TechSource Inc. have announced a strategic partnership through a Memorandum of Understanding (MOU) to accelerate the commercialization of Terra Innovatum's SOLO™ micro-modular nuclear reactors in the United States. The collaboration aims to enhance regulatory progress and expand access to federal Department of Energy (DOE) and Department of Defense (DOD) programs.

TechSource, an employee-owned science and engineering firm specializing in nuclear energy and weapons lifecycle management, will provide supply chain and regulatory advisory support while helping Terra Innovatum access potential strategic investors, customers, and U.S. agency funding programs. The SOLO™ system features 4 MWe / 20 MWt micro-modular reactors designed for applications such as off-grid military complexes.

The partnership scope includes identifying reactor assembly and deployment sites, optimizing supply chain management, supporting NRC compliance, and engaging with key stakeholders. The agreement also opens possibilities for co-investments in operational hubs, advanced manufacturing infrastructure, and strategic R&D partnerships.

Terra Innovatum has signed a strategic MOU with Paragon Energy Solutions to integrate NRC-approved Instrumentation and Control systems into their SOLO micro-modular nuclear reactor. The partnership aims to support the commercialization and global deployment of SOLO, targeting a 2028 launch. SOLO is designed as a 1MWe-5MWt reactor operating on Low-Enriched Uranium, built with commercial off-the-shelf components. The collaboration leverages Paragon's expertise in nuclear safety systems and manufacturing capabilities to accelerate regulatory approval and deployment. Terra Innovatum, which recently announced a business combination with GSR III Acquisition Corp (NASDAQ: GSRT), has submitted proposals to NYSERDA and the NRC as part of its commercialization strategy. The partnership focuses on integrating proven I&C systems while establishing a robust supply chain for global deployment.

Terra Innovatum, a micro-modular nuclear reactor developer, and GSR III Acquisition Corp. (GSRT) have filed a Form S-4 registration statement with the SEC, marking a significant step toward their planned business combination and public listing. The merger aims to accelerate the commercialization of Terra's SOLO™ technology, the first micro-modular reactor designed to operate on Low-Enriched Uranium (LEU).

The transaction values Terra Innovatum at $475 million pre-money equity value and is expected to generate up to $230 million in gross proceeds before redemptions. Post-merger, the company will trade on Nasdaq as "NKLR". The deal is anticipated to close in H2 2025, with Terra's current management team leading the combined entity. The company targets commercial deployment of its technology by 2028.

Terra Innovatum and GSR III Acquisition Corp (NASDAQ:GSRT) have announced a definitive Business Combination Agreement to take Terra Innovatum public on Nasdaq under ticker 'NKLR'. The deal values Terra Innovatum at $475M pre-money with up to $230M in gross proceeds.

The company's flagship product, SOLO™, is a 1 MWe micro-modular nuclear reactor designed for off-grid, zero-carbon power generation. Key features include:

• Factory assembly using standard components and LEU fuel
• Anticipated $0.07/kWh levelized cost of electricity
• 15-45 year refueling intervals
• Target commercial deployment in 2028

Terra Innovatum submitted its regulatory engagement plan to the NRC in January 2025. The transaction is expected to close in H2 2025, with current management continuing to lead the company and existing shareholders rolling 100% of their equity into the new entity.