Terra Innovatum has requested a voluntary preapplication readiness review from the U.S. Nuclear Regulatory Commission (NRC) for its SOLO™ Micro-Modular Reactor to support a 2026 Construction Permit Application submission and 2028 commercialization target. The early review of draft safety and environmental documentation aims to identify and address issues before formal submittal, strengthening application quality and supporting an accelerated parallel licensing strategy.

Terra Innovatum Global N.V. (NASDAQ: NKLR), a micro-modular nuclear reactor developer, announced the appointment of Joanna Lohkamp, CEO of Smart Wires, to its Board of Directors effective July 1, 2026. Lohkamp brings over 30 years of operating and board leadership experience across technology, manufacturing, and infrastructure sectors. Her appointment strengthens Terra Innovatum's governance as the company advances NRC licensing, first deployment of its SOLO™ micro-modular reactor, and commercialization efforts.

Terra Innovatum Global (NASDAQ: NKLR), a micro-modular nuclear reactor developer, filed its first annual Form 10-K as a public company with $102.9 million in cash and a debt-free balance sheet. The company advanced NRC licensing milestones, selected Rock City Admiral Parkway in Illinois as its first-of-a-kind deployment site, and built a commercial pipeline of 100 SOLO units through non-binding MOUs. FY2025 operating loss was $33.7 million, but net income was $539.5 million primarily from non-cash gains on warrant liabilities.

Terra Innovatum announced a supply agreement with SPG Dry Cooling for an Air-Cooled Condenser to support the first-of-a-kind deployment of its SOLO™ micro-modular reactor. The water-independent cooling solution expands deployment flexibility across water-constrained and remote environments, supporting the company's transition to scalable commercialization and global market expansion.

Terra Innovatum Global N.V. (NASDAQ: NKLR) received a Nasdaq Listing Delinquency Letter on April 16, 2026, for failing to timely file its Annual Report on Form 10-K for fiscal year 2025. The company attributes the delay to complexity in post-combination reporting requirements across multiple jurisdictions and new CFO leadership. Terra maintains a strong cash position of over $100 million and has 60 days to submit a compliance plan to Nasdaq. The company expects to file the 10-K within the compliance period.

Terra Innovatum Global N.V. (NASDAQ: NKLR), developer of the SOLO™ Micro-Modular Reactor, announced a Business Update call for April 16, 2026, to discuss regulatory progress, commercial development, and supply chain execution. The company is in final stages of completing its Form 10-K for fiscal year 2025 and expects to file in the near term, with anticipated Nasdaq notification regarding filing timing.

The U.S. government announced the National Initiative for American Space Nuclear Power (NSTM-3), a joint NASA-Pentagon strategy to develop nuclear power systems for lunar and interplanetary missions. The initiative aims to deploy a 20-kilowatt space reactor by 2028 and install a functional reactor on the lunar surface by 2030. Oklo and NuScale stocks surged on the news, with Oklo gaining 26% and NuScale advancing 20% in the past week, as both companies are positioned as key players in the small modular reactor segment.

Terra Innovatum plans to present updates on its SOLO™ micro-modular nuclear reactor at multiple investor conferences in late 2025, targeting first deployment by 2027 and commercialization by 2028.