Terrestrial Energy Inc.
Profile
Terrestrial Energy develops the Integral Molten Salt Reactor (IMSR): a two-reactor plant rated 822 MWt / 390 MWe. It completed its business combination with HCM II Acquisition Corp. on 28 Oct 2025 and began trading on Nasdaq as IMSR on 29 Oct 2025 with more than US$292 million of gross proceeds (US$50 million PIPE plus about US$242 million of trust cash; redemptions below 1%), moving its headquarters to Charlotte, North Carolina. Project TETRA, a pilot reactor at the Texas A&M-RELLIS campus under DOE's Reactor Pilot Program (lease and research agreements signed June 2026), is tracked in the SMR projects dataset; in September and October 2026 it filed graphite and thermal/electric-facility topical reports with the NRC and announced an IMSR plan for the US Army's Aberdeen Proving Ground with Ameresco (stockanalysis news feed).
Source: GlobeNewswire release 29 Oct 2025; stockanalysis.com NASDAQ:IMSR (fetched 9 Oct 2026); data/smr_projects.csv (ANS 23 Jun 2026), 9 Oct 2026 · confidence highKey projects
| Project | Country | Stage | Note | Map |
|---|---|---|---|---|
| Terrestrial Energy IMSR (Project TETRA) - Texas A&M-RELLIS Energy Proving Ground, Bryan, Texas (77-acre lease) | USA | Pre-licensing | Regulator stage as of 9 Oct 2026: DOE RPP OTA signed Jan 2026; ground lease and research agreements with TAMUS signed Jun 2026; NRC safety evaluation approving IMSR principal design criteria (late 2025); CPA not yet filed | open on the map |
Deals
No deal recorded for this company (as of 9 Oct 2026). All deals.
Documents
| Document | Type | Date |
|---|---|---|
| stockanalysis.com quote page (market cap, listing, employees, description) | Quote page | 8 Oct 2026 |
| Terrestrial Energy Inc. begins trading on the Nasdaq Stock Market | Press release | 29 Oct 2025 |
| ANS: Terrestrial Energy and Texas A&M reach agreement on reactor siting | News | 23 Jun 2026 |
Chart
- Market cap, USD
- 360.18 m USDas of 8 Oct 2026 · stockanalysis.com
- Market cap, local
- n/a