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COMMUNICATIONS
News in Highlights
SOLO™ Micro Modular Reactor Takes Over Wall Street: At NYSE, SOLO Redefines the Future of Clean Energy with Existing, Validated, and Qualified 1MWe Nuclear Technology
Terra Innovatum Makes Global Debut Interviewing at NYSE to Introduce SOLO™: The World's First Micro Modular Nuclear Reactor Set for Commercial Launch in 2028
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Terra Innovatum Submits Engagement Plan to the United States Nuclear Regulatory Commission (USNRC) for SOLO Micro Modular Reactor Marking a Fundamental Milestone in 2025
Propelling Nuclear Innovation: Terra Innovatum, a Leader in the Clean Energy Revolution, Setting New Industry Benchmarks with SOLO Micro-Modular Reactor (SMR)
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Terra Innovatum To Go Public Through Business Combination with GSR III Acquisition Corp
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Transforming Energy Access with Micro-Modular Nuclear Innovation: Terra’s SOLO™ reactor is designed to bring scalable, off-grid, zero-carbon power to industrial, remote, and high-demand sectors—1 MWe at a time.
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Designed for Safety, Built for Scale: SOLO™ will be factory-assembled using licensed components and standard Low-Enriched Uranium (“LEU”) fuel; SOLO™ is engineered for rapid deployment, long-life performance, and ultra-low radiation.
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Global Readiness Meets Regulatory Momentum: Following design completion in 2024, Terra engaged the U.S. Nuclear Regulatory Commission (“NRC”) in 2025 and targets commercial deployment by 2028.
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Backed by Nuclear Industry Veterans: Terra’s leadership is built to deliver—with deep expertise in engineering, regulation, and reactor operations.
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Shareholder Alignment: The transaction values Terra at a pre-money equity valuation of $475M with up to $230M in gross proceeds to accelerate commercialization—with an earnout aligned to performance and investor value creation.
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Terra Innovatum and GSR III Acquisition Corp. File Form S-4 After Business Combination Announcement Advancing Public Listing
Transaction To Accelerate Terra Innovatum's Pathway to Commercialization of Groundbreaking Micro-Modular Nuclear Technology by 2028
Terra Innovatum Srl ("Terra Innovatum," or the "Company"), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. ("GSRT") (Nasdaq:GSRT), a publicly traded special purpose acquisition company, today announced that Terra Innovatum and GSRT have filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission. This filing marks a key milestone toward the proposed business combination and public listing, intended to accelerate the deployment of Terra Innovatum's breakthrough micro-modular reactor technology, SOLO™, and expand access to clean, scalable and reliable energy.
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Terra Innovatum Submits Advanced Nuclear Proposal to NYSERDA to Help the State of New York Meet 2040 Zero-Carbon Goal
Terra Innovatum's SOLO™ Micro-Modular Reactor Offers Safe, Affordable, and Reliable 24/7 Power Without Refueling for 15 Years Using Off-the-Shelf Readily Available Commercial Components and Licensed LEU Fuel
Terra Innovatum Srl ("Terra Innovatum," or the "Company"), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. ("GSRT") (Nasdaq:GSRT), a publicly traded special purpose acquisition company ("SPAC"), today announced the submission of its response to the New York State Energy Research and Development Authority's ("NYSERDA") Advanced Nuclear Request for Information ("RFI"). The submission outlines plans for selecting a potential test reactor site for the Company's first-of-a-kind micro-modular reactor, SOLO™, intent to establish a designated production unit, and further commercial deployment opportunities to support the state's zero-emissions electricity target by 2040. Unlike conventional reactors, the compact footprint, modular design, and ability to operate for 15 years without refueling make SOLO™ well-suited for integration into local energy systems.
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Terra Innovatum Signs Strategic Partnership with Paragon Energy Solutions to Support Commercialization and Global Deployment of SOLO(TM) Micro-Modular Nuclear Reactor
Collaboration to Integrate NRC-Approved Instrumentation and Control (I&C), Safety Systems, and Manufacturing Support as Reactor Development Advances Toward 2028 Deployment
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 U.S.-based Paragon Energy Solutions, LLC ("Paragon"), a recognized leader in safety-related Instrumentation and Control (I&C) systems for the nuclear energy sector, to support the design and integration of I&C systems into Terra Innovatum's micro-modular reactor, SOLO™, as well as manufacturing support for its global deployment.
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Terra Innovatum Announces Virtual Investor Day on June 25, 2025, and Participation at Upcoming 15th Annual ROTH London Conference
Investor Day
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 will host a Virtual Investor Day on Wednesday, June 25, 2025, from 9:00 a.m. to 11:00 a.m. Eastern Time. The leadership teams from Terra Innovatum and GSR III Acquisition Corp. will present an in-depth overview of their proposed business combination, aimed at bringing Terra Innovatum public on Nasdaq, and the Company's unique technology, its market opportunity, regulatory plan, and go-to-market strategy. The presentation will be followed by a moderated question and answer session.
ROTH Annual Conference
Members of the management teams of Terra Innovatum and GSR III Acquisition Corp. will host one-on-one investor meetings at the 15th Annual ROTH London Conference, located at the Four Seasons Hotel London at Park Lane, on Thursday, June 26, 2025.
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Terra Innovatum and TechSource Form Strategic Alliance to Accelerate U.S. Commercialization of SOLO(TM) Micro-Modular Reactors, Identify Strategic Funding Opportunities and Expand Access to Federal DOE and DOD Programs
Signed Partnership Agreement with Long-Term Framework to Support Go-to-Market Plan, Regulatory Progress, and Customer Acquisition Strategy
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 TechSource Inc., an employee-owned science and engineering firm specializing in end-to-end nuclear energy and weapons lifecycle management, advanced scientific R&D, and leadership in the delivery of cutting edge solutions across the federal and commercial sectors. In this partnership TechSource will accelerate the introduction of Terra Innovatum's SOLO™ micro-modular reactor through supply chain and regulatory advisory support, while expanding access to potential strategic investors, customers and U.S. agency funding programs, including deployment pathways at the U.S. Department of Energy ("DOE") and Department of Defense ("DOD").
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GSR III Acquisition Corp. and Terra Innovatum Announce MOU for First-of-a-Kind SOLO Deployment Site at Rock City Development’s Industrial Park, with Future Option to Deploy 50 SOLO Reactors On-Site for Commercial Expansion
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Partnership Agreement Provides Site for First-Of-A-Kind (FOAK) SOLO™ Nuclear Micro Modular Reactor (1 MWe)
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Agreement Includes Option to Purchase 50 SOLO™ Reactors to Meet Demand for Reliable Behind-the-Meter Energy Supplies (50 MWe)
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SOLO™ to Deliver Clean, Stable Energy Across Rock City’s Private and Public Sector Clients
GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, and Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, announced today that Terra Innovatum signed a Memorandum of Understanding (“MOU”) with Rock City Admiral Parkway Development (“Rock City”), a six-million square-foot industrial park in Illinois, to host the first deployment site for the SOLO™ micro-modular reactor. This strategic agreement grants Terra Innovatum dedicated use of Rock City’s land for the licensing, testing, and construction of the Company’s first-of-a-kind (“FOAK”) SOLO™ reactor. Subject to customary approvals, Terra Innovatum will supply Rock City’s industrial, logistics, food distribution and government clients with clean and reliable power from the FOAK SOLO™ with an option to subsequently deploy 50 reactors on site, delivering up to 50 MWe for commercial use.
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MEDIA
Editorials & Articles
Nuclear Reactor Maker Terra Innovatum to Go Public Via SPAC
Terra Innovatum, one of several competitors seeking to develop small-scale nuclear power, is set to go public by merging with the blank-check firm GSR III Acquisition Corp.
The company has a pre-money equity valuation of $475 million in the transaction, according to a statement confirming an earlier report by Bloomberg News. The deal will provide Terra Innovatum with up to $230 million in gross proceeds as it seeks US Nuclear Regulatory Commission approval to deploy its reactor design commercially by 2028.
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SOLO Reactor: The Future of Safe, Modular Nuclear Power
Jane King speaks with Alessandro Petruzzi, Co-Founder and CEO of Terra Innovatum, at the New York Stock Exchange about their revolutionary SOLO™ Micro Modular Reactor. Designed to deliver zero-carbon, grid-independent power for up to 15 years without refueling, the SOLO reactor brings nuclear energy closer to real-world deployment. Learn how Terra Innovatum’s scalable, intrinsically safe, and low-cost solution is transforming energy delivery for remote locations, data centers, industrial facilities, and beyond.
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Terra Innovatum: Bringing Scalable Nuclear Power to Market with the SOLO™ Micro Reactor
At the New York Stock Exchange, Jane King interviews Giordano Morichi, Partner, Chief Business Development Officer & Investor Relations of Terra Innovatum, the company behind the SOLO™ Micro Modular Reactor—an innovative nuclear energy solution poised to deliver scalable, zero-carbon power by 2028.
Backed by a $475M SPAC valuation, Terra Innovatum is redefining energy access for industrial, off-grid, and high-demand sectors. Learn how they’re leveraging off-the-shelf components, licensed fuel, and embedded safety features to bring clean, efficient nuclear power to market—faster and more affordably than ever.
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