Terrestrial Energy

Canada
Oakville, Ontario, Canada, L6H 0C3

Company profile

Terrestrial Energy company profile

Terrestrial Energy is a developer of Generation IV nuclear plants that use its proprietary Integral Molten Salt Reactor (IMSR) technology. IMSR technology captures the full transformative operating benefits of molten salt reactor technology in a plant design that represents true innovation in cost reduction, versatility and functionality of nuclear energy supply. IMSR plants will supply zero-carbon, reliable, dispatchable, low-cost high-temperature industrial heat and electricity for a dual-use energy role relevant to many industrial applications, such as chemical synthesis and desalination. In so doing, they extend the application of nuclear energy far beyond electric power markets. IMSR plants have the potential to make substantial contributions to industrial competitiveness, energy security, and economic growth. Their deployment will support rapid global decarbonization of the primary energy system across a broad spectrum. Terrestrial Energy uses an innovative design, and proven and demonstrated molten salt reactor technology, which offers a unique set of operating characteristics that deliver high and compelling commercial potential. Terrestrial Energy is engaged with regulators, suppliers and industrial partners to build, license and commission the first IMSR power plants in the early 2030s.

Business identity

Contact email
[email protected]
Phone number
+1 203-930-2200
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0-$1M
Founded
2013-01-01, Month

Headquarters

Postal code
L6H 0C3
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
13
Total equity funding
$134.2M
Last funding
Post IPO Equity / $50M / 2025-10-28
Last equity funding
Post IPO Equity / $50M
Investors
2
Lead investors
2
Founders
1
Articles
95
Exited on
2025-10-28

Founders and investors

Founders

Canon Bryan

Lead investors

Strategic Innovation FundUS Department of Energy

Investors

Strategic Innovation FundUS Department of Energy