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.

YouTube video by The Infographics Show

Terrestrial Energy and NRG-Pallas are starting the final phase of the graphite irradiation testing programme for Terrestrial's molten salt reactor at the High Flux Reactor in Petten, the Netherlan...

Terrestrial Energy is to collaborate with US engineering services company Ameresco Inc to advance the commercial deployment of its Integral Molten Salt Reactor plant in the USA. ;

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) plant delivers uniquely adaptable output, enabling the customization and hybridization of its clean

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR) plant delivers uniquely adaptable output, enabling the customization and hybridization of its clean

Rotem is a unique and challenging tile puzzle game featuring three distinct puzzle modes: Tile Rotator, Tile Swapper, and Rotem Puzzle. With 240 themed images, 20 ambient music tracks, and a variety o...