Terra Innovatum Signs Supplier MOU with Conuar for Key SOLO Micro-Modular Reactor Components
Terra Innovatum (NASDAQ:GSRT) has signed a significant memorandum of understanding (MOU) with Conuar, a leading Argentinean nuclear systems manufacturer, to supply critical components for its SOLO micro-modular nuclear reactor. The partnership focuses on developing cooling, fuel components, and establishing a South American supply chain hub.
Under the agreement, Conuar will supply coolant tubes and plates, control rod mechanisms, fuel rods, and specialized alloy components. The collaboration leverages Conuar's 40+ years of nuclear expertise and positions Terra Innovatum to expand its presence in Latin America, a key growth region for nuclear energy.
The partnership aims to accelerate the deployment of clean, affordable, modular power while providing radioisotopes at scale, particularly targeting emerging markets with limited infrastructure through SOLO's off-grid capabilities.
Terra Innovatum (NASDAQ:GSRT) ha firmato un memorandum d'intesa significativo con Conuar, uno dei principali produttori argentini di sistemi nucleari, per fornire componenti critici al suo reattore micro-modulare SOLO. L'accordo punta a sviluppare sistemi di raffreddamento e componenti del combustibile, oltre a creare un hub di fornitura in Sud America.
Secondo l'intesa, Conuar fornirà tubi e piastre di raffreddamento, meccanismi delle barre di controllo, barre di combustibile e componenti in lega specializzata. La collaborazione sfrutta i >40 anni di esperienza nucleare di Conuar e posiziona Terra Innovatum per espandere la sua presenza in America Latina, una regione chiave di crescita per l'energia nucleare.
L'obiettivo della partnership è accelerare l'adozione di energia modulare pulita e accessibile, offrendo radioisotopi su larga scala, con particolare attenzione ai mercati emergenti con infrastrutture limitate grazie alle capacità off-grid del SOLO.
Terra Innovatum (NASDAQ:GSRT) ha suscrito un Memorando de Entendimiento significativo con Conuar, uno de los principales fabricantes argentinos de sistemas nucleares, para suministrar componentes críticos para su reactors modular micro SOLO. La asociación se centra en desarrollar sistemas de enfriamiento y componentes de combustible, y en establecer un hub de cadena de suministro en Sudamérica.
Según el acuerdo, Conuar suministrará tubos y placas de enfriamiento, mecanismos de varillas de control, varillas de combustible y componentes de aleación especializada. La colaboración aprovecha más de 40 años de experiencia nuclear de Conuar y coloca a Terra Innovatum en posición de ampliar su presencia en América Latina, una región clave de crecimiento para la energía nuclear.
La alianza tiene como objetivo acelerar la implementación de energía modular limpia y asequible, al tiempo que proporciona radioisótopos a escala, especialmente para mercados emergentes con infraestructura limitada a través de las capacidades fuera de la red del SOLO.
Terra Innovatum (NASDAQ:GSRT)는 Conuar와 중요한 양해각서(MOU)를 체결했으며, 남미 공급망 허브를 구축하고 SOLO 마이크로 모듈러 원자로에 필요한 핵심 부품을 공급하기로 했습니다. 이 파트너십은 냉각 시스템, 연료 구성 요소 개발과 남미 공급망 허브 구축에 초점을 맞춥니다.
계약에 따라 Conuar는 냉각 튜브와 플레이트, 제어봉 기구, 연료봉 및 특수 합금 구성 요소를 공급합니다. 이 협력은 Conuar의 40년 이상 축적된 핵계 전문 지식을 활용하고 Terra Innovatum가 라틴아메리카에서 입지를 확장하도록 하여 원자력 성장의 핵심 지역으로 삼습니다.
파트너십의 목표는 청정하고 저가의 모듈식 전력 배치를 가속화하고 대규모 방사성 동위원소를 제공하는 한편, SOLO의 오프그리드 능력을 통해 인프라가 제한된 신흥 시장에 특히 주력하는 것입니다.
Terra Innovatum (NASDAQ:GSRT) a signé un important mémorandum d'accord (MOU) avec Conuar, un des principaux fabricants argentins de systèmes nucléaires, pour fournir des composants critiques à son réacteur micro-modulaire SOLO. Le partenariat vise à développer des systèmes de refroidissement et des composants de combustible, ainsi qu'à établir un hub d'approvisionnement en Amérique du Sud.
Selon l'accord, Conuar fournira des tubes et plaques de refroidissement, des mécanismes de barres de contrôle, des barres de combustible et des composants en alliage spécialisé. La collaboration exploite les 40+ années d'expertise nucléaire de Conuar et permet à Terra Innovatum d'étendre sa présence en Amérique latine, une région clé de croissance pour l'énergie nucléaire.
L'objectif du partenariat est d'accélérer le déploiement d'une énergie modulaire propre et abordable tout en fournissant des radio-isotopes à grande échelle, en particulier sur des marchés émergents disposant d'infrastructures limitées grâce aux capacités hors réseau du SOLO.
Terra Innovatum (NASDAQ:GSRT) hat ein bedeutendes Memorandum of Understanding (MOU) mit Conuar, einem führenden argentinischen Hersteller von Nuklear-Systemen, unterzeichnet, um wichtige Komponenten für den SOLO-Mikro-Modul-Reaktor bereitzustellen. Die Partnerschaft konzentriert sich auf die Entwicklung von Kühlungssystemen, Brennstoffkomponenten und die Einrichtung eines zentralen Versorgungsnetzwerks in Südamerika.
Im Rahmen der Vereinbarung wird Conuar Kühlrohre und -platten, Steuerstab-Mechanismen, Brennstäbe und spezialisierte Legierungskomponenten liefern. Die Zusammenarbeit nutzt Conuars über 40 Jahre Nuklearerfahrung und positioniert Terra Innovatum, um seine Präsenz in Lateinamerika zu erweitern, einer Schlüsselwachstumsregion für die Kernenergie.
Ziel der Partnerschaft ist es, den Einsatz von sauberer, erschwinglicher modulare Energie zu beschleunigen und gleichzeitig Radioisotope in großem Umfang bereitzustellen, insbesondere für aufstrebende Märkte mit begrenzter Infrastruktur durch die Off-Grid-Fähigkeiten des SOLO.
Terra Innovatum (NASDAQ:GSRT) وقعت مذكرة تفاهم هامة مع Conuar، أحد أبرز مصنّعي الأنظمة النووية في الأرجنتين، لتزويد مكوّنات حاسمة لجهازها المفاعِل النووي المصغّر SOLO الميكروي. يركّز الشراكة على تطوير أنظمة التبريد ومكوّنات الوقود، وتأسيس محور إمداد في أمريكا الجنوبية.
ووفقاً للاتفاق، ستقوم Conuar بتزويد أنابيب وبلاطات التبريد وآليات قضبان التحكم ودوائر الوقود ومكوّنات سبائكية متخصّصة. تستفيد الشراكة من >40 عاماً من الخبرة النووية لدى Conuar وتضع Terra Innovatum في موقع يتيح توسيع حضورها في أمريكا اللاتينية، وهي منطقة نمو رئيسية للطاقة النووية.
تهدف الشراكة إلى تسريع نشر الطاقة المولّدة النقية والمنخفضة التكلفة على نحو مركزي، مع توفير النظائر المشعّة على نطاق واسع، خاصة للأسواق الناشئة التي تفتقر إلى البنية التحتية من خلال قدرات SOLO خارج الشبكات.
Terra Innovatum (NASDAQ:GSRT) 已与< b>Conuar签署重要的谅解备忘录，Conuar是阿根廷领先的核系统制造商，双方就为其SOLO 微模块核反应堆提供关键部件达成合作。该伙伴关系聚焦于开发冷却系统、燃料组件，并建立南美供应链枢纽。
根据协议，Conuar 将供应冷却管和板、控制棒机构、燃料棒以及专用合金组件。此次合作利用 Conuar< b>40 年以上的核领域专长，使 Terra Innovatum 能在拉美扩大全球核能业务的存在感，拉美是核能的重要增长区域。
该伙伴关系旨在加速清洁、负担得起的模块化能源部署，同时实现大规模放射性同位素供给，尤其面向基础设施薄弱的新兴市场，借助 SOLO 的离网能力实现覆盖。
- Strategic partnership with a leading nuclear component manufacturer with 40+ years of expertise
- Expansion into Latin American market through established local partner
- Development of global supply chain infrastructure for SOLO reactor production
- Access to Conuar's proven manufacturing capabilities and technical expertise
- Potential for local manufacturing and assembly hub in South America
- Partnership currently at MOU stage, not a definitive agreement
- Pilot programs still needed to evaluate scope and pricing
- Manufacturing capabilities and timeline for production not yet established
Insights
Terra Innovatum's partnership with Conuar strengthens SOLO reactor's supply chain and expands Latin American market access.
This MOU with Conuar represents a significant supply chain milestone for Terra Innovatum's SOLO micro-modular reactor program. Conuar brings over 40 years of nuclear manufacturing expertise, particularly in fuel production and component manufacturing, having supplied 100% of Argentina's nuclear fuel needs.
The partnership targets critical reactor components including coolant tubes and plates, control rod mechanisms, fuel rods, and specialized alloy components - all essential elements for the industrial production of the SOLO reactor. What makes this particularly valuable is Conuar's established capabilities in producing seamless tubes of high alloys and specialized engineering for demanding nuclear environments.
Beyond component supply, this agreement strategically positions Terra Innovatum to establish a manufacturing foothold in South America, potentially creating a regional hub for SOLO assembly lines. This dual-purpose partnership addresses both immediate supply chain needs and longer-term market access strategy.
The micro-modular reactor approach Terra Innovatum is pursuing offers unique advantages for Latin American markets, particularly the ability to deploy off-grid, behind-the-meter power generation without requiring extensive infrastructure investment. This is especially relevant for remote or developing regions where traditional grid infrastructure is limited.
From a competitive standpoint, the emphasis on using "existing and readily manufacturable components" suggests Terra Innovatum is pursuing a pragmatic design approach that may accelerate regulatory approval and commercialization timelines compared to more experimental reactor designs requiring novel manufacturing processes.
- Leading Argentinean nuclear systems, components and fuel supplier Conuar to develop and supply critical cooling and fuel components for the industrial production of the SOLOTM micro-modular reactor
- Terra Innovatum and Conuar will also collaborate to develop a supply chain hub and SOLO assembly lines to serve the South American market
NEW YORK and AUSTIN, Texas, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, today announced that Terra Innovatum has signed a memorandum of understanding (“MOU”) with Conuar, a globally recognized international component manufacturer and fuel supplier, for the supply of critical components to be used in the production of Terra Innovatum’s SOLOTM micro-modular nuclear reactor.
“We are excited to partner with Conuar as a key supplier for our first-of-a-kind SOLO and beyond,” said Alessandro Petruzzi, CEO of Terra Innovatum. “With more than 40 years of expertise in fuel production and component manufacturing, Conuar has been central to powering Latin America’s nuclear sector. This partnership not only strengthens SOLO’s global supply chain but also marks a strategic entry into the Latin American market- one of the most important growth regions for the future of nuclear energy. Together, we are well positioned to scale SOLO production and accelerate the deployment of clean, affordable, reliable, modular power while providing much needed radioisotopes at scale.”
Giordano Morichi – Partner, Chief Business Development Officer & Investor Relations continued: “Terra Innovatum is propelling the development of a truly global supply chain and deployment strategy for SOLO, ensuring resilience and reach across multiple continents. This positions us to bring affordable, zero-carbon, non-proliferant and reliable energy to emerging markets, extending access to regions where infrastructure is limited or non-existent. With SOLO’s off-grid, behind-the-meter capabilities, we can deliver power directly to communities and industries without requiring large-scale investments in new infrastructure. Together with our industry-leading partners, we are one step closer to realizing our mission of expanding energy access worldwide.”
Rodolfo Kramer – CEO Conuar added: ““This agreement with Terra Innovatum marks a milestone in international cooperation for the development of advanced nuclear technologies. The SOLO reactor embodies innovation and the future, and at Conuar, we are proud to contribute our industrial expertise and technical know-how to make it a reality. Bringing together Terra Innovatum’s innovative vision with Conuar’s proven capabilities is a unique opportunity to accelerate safe, clean, and sustainable energy solutions that will benefit future generations. We are excited to support their efforts to bring clean, off-grid energy to communities and industries through their promising micro-modular nuclear technology across Latin America. They are bringing a unique design to market, which leverages existing and readily manufacturable components. We are looking forward to working closely together for years to come.”
Conuar is a leading nuclear development and high-precision technology manufacturer that has been serving the nuclear industry for over 40 years. The Company specializes in fuel supply and component manufacturing and has produced
Under the MOU, Terra Innovatum and Conuar will conduct pilot programs to evaluate the scope and pricing for Conuar to supply coolant tubs and plates, control rod mechanisms, fuel rods, and stainless steel and special alloy components. Additionally, the companies will collaborate on and consider opportunities to develop a manufacturing and assembly hub in South America to increase production capabilities and better serve local customers over time.
ABOUT TERRA INNOVATUM & SOLOTM
Terra Innovatum's mission is to make nuclear power accessible. We deliver simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere 1 MWe at a time.
Terra Innovatum is a pioneering force in the energy sector, dedicated to delivering innovative and sustainable power solutions. Terra Innovatum plans to leverage cutting-edge nuclear technology through the SOLO™ Micro-Modular Reactor (SMR™) to provide efficient, safe, and environmentally conscious energy. With a mission to address global energy shortages, Terra Innovatum combines extensive expertise in nuclear industry design, manufacturing, and installation licensing to offer disruptive energy solutions. Committed to propelling technological advancements, Terra Innovatum and SOLO™ are dedicated to fostering prosperity and sustainability for humankind.
It is anticipated that SOLO™ will be available globally within the next three years. Conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO™ addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO™ enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. Designed to adapt with evolving fuel options, SOLO™ supports both LEU+ and HALEU, offering a platform ready to transition to future fuel supplies.
SOLO™ will offer a wide range of versatile applications, providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Thanks to its modular design, SOLO™ can easily scale to deliver up to 1GW or more of CO2-free power with a minimal footprint, making it an ideal solution for rapidly replacing fossil fuel-based thermal plants. Beyond electricity and heat generation, SOLO™ can also contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment.
To learn more, visit: www.terrainnovatum.com.
CONTACTS
Giordano Morichi
Partner, Chief Business Development Officer & Investor Relations
Terra Innovatum Srl
E: g.morichi@terrainnovatum.com
W: www.terrainnovatum.com
Anantha Ramamurti
President, Chief Financial Officer
GSR III Acquisition Corp
E: anantha@gsrspac.com
P: (949) 468-7434
Nicholas Hresko-Staab
Vice President
Investor & Media Relations
Alliance Advisors IR
E: TerraIR@allianceadvisors.com
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