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Terrestrial Energy (NASDAQ: IMSR) will participate in two investor conferences in December 2025: the B. Riley Securities Convergence Conference: AI, Blockchain & Energy on December 4, 2025 in New York City, and the 2nd Annual Craig-Hallum Nuclear Energy Forum on December 11, 2025 (virtual).
Senior leadership including CEO Simon Irish and CFO Brian Thrasher will host one‑on‑one investor meetings at both events; investors should contact their salesperson to schedule meetings.
Terrestrial Energy (NASDAQ: IMSR) announced two senior hires to accelerate U.S. commercialization of its Integral Molten Salt Reactor (IMSR): Jim Howe as VP of Government Relations and David O’Keefe as VP of Business Development & Project Management.
The company said Howe will deepen federal and Texas engagements for the RELLIS commercial site and O’Keefe will lead commercial delivery, DOE and national-lab coordination, and pipeline growth. Recent milestones cited include RELLIS site selection (Feb 2025), a DOE Advanced Reactor Pilot award targeting initial criticality by July 4, 2026 (Project TETRA, Aug 2025), selection for DOE Fuel Line Pilot (Sept 2025), an Ameresco collaboration, and an expanded Westinghouse fuel-pilot contract starting in 2026.
Terrestrial Energy (NASDAQ: IMSR) signed an expanded manufacturing and supply contract with Westinghouse’s Springfields to design and build an IMSR fuel pilot plant, with construction starting in 2026. The expanded scope covers deconversion, fabrication, packaging and transportation to support scaling to commercial fuel production for future IMSR plants.
The pilot plant design includes a re-optimized chemical process to produce UF4 deconverted from UF6 at 5% enrichment, enabling use of SALEU (under 5% U-235) and leveraging Springfields’ ~80-year SALEU manufacturing legacy. The deal complements Terrestrial Energy’s selection in U.S. DOE advanced reactor and fuel pilot programs and aims to accelerate IMSR commercialization while using established transport and regulatory protocols.
Terrestrial Energy (NASDAQ: IMSR) announced on Nov 4, 2025 the appointment of Sarfraz M. Taj as Vice President of Business Development to support commercialization of the Integral Molten Salt Reactor (IMSR).
Mr. Taj brings more than 20 years of nuclear M&A, strategic development, and international business experience from Constellation Energy and prior roles at Exelon, where he helped build a global pipeline and achieved $75 million in revenues across new jurisdictions. The company noted Mr. Taj's experience in new nuclear, hydrogen, and advanced clean technologies and highlighted recent complementary hires including David O'Keefe in business development and project management.
Terrestrial Energy (Nasdaq: IMSR) began trading on Nasdaq on October 29, 2025 after completing its business combination with HCM II on October 28, 2025. The company received in excess of $292 million in gross proceeds before expenses, including a $50 million common stock PIPE and approximately $242 million from HCM II's trust account following redemptions of less than 1%.
Terrestrial Energy develops Generation IV Integral Molten Salt Reactor (IMSR) small modular plants; its two-reactor plant design totals 822 MWth / 390 MWe. The company cites access to Standard-Assay Low Enriched Uranium (SALEU <5% U-235), multiple regulatory engagements, DOE program participation, and partnerships with Westinghouse, Siemens, Texas A&M, and several U.S. national labs to support commercialization and fleet-scale deployment.
Terrestrial Energy (Nasdaq: IMSR / IMSRW) completed its business combination with HCM II and will begin Nasdaq trading on October 29, 2025. The transaction generated gross proceeds exceeding $292 million before expenses, including a $50 million common-stock PIPE and redemptions of less than 1%. Proceeds are intended to accelerate commercial deployment of the company’s Integral Molten Salt Reactor (IMSR), a dual‑unit 822 MWth / 390 MWe small modular plant designed for high‑temperature industrial heat and electricity. The company cited DOE pilot program selections, a Texas A&M siting partnership, and multiple strategic industry partners to support commercialization.
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