Terra Innovatum Partners with Conuar to Advance SOLO Micro-Modular Nuclear Reactor Supply Chain

Terra Innovatum Srl, a developer of micro-modular nuclear reactors, has signed a memorandum of understanding with Conuar, a globally recognized international component manufacturer and fuel supplier, for the supply of critical components to be used in the production of Terra Innovatum's SOLO micro-modular nuclear reactor. This partnership represents a significant step in advancing nuclear energy technology and expanding clean power accessibility worldwide.

Alessandro Petruzzi, CEO of Terra Innovatum, emphasized the strategic importance of this collaboration, noting Conuar's more than 40 years of expertise in fuel production and component manufacturing. Petruzzi stated that this partnership not only strengthens SOLO's global supply chain but also marks a strategic entry into the Latin American market, which he described as one of the most important growth regions for the future of nuclear energy. The collaboration positions both companies to scale SOLO production and accelerate the deployment of clean, affordable, reliable modular power while providing much-needed radioisotopes at scale.

Giordano Morichi, Partner, Chief Business Development Officer & Investor Relations at Terra Innovatum, highlighted the company's commitment to developing a truly global supply chain and deployment strategy for SOLO. This approach ensures resilience and reach across multiple continents, enabling the delivery of affordable, zero-carbon, non-proliferant and reliable energy to emerging markets. With SOLO's off-grid, behind-the-meter capabilities, Terra Innovatum can deliver power directly to communities and industries without requiring large-scale investments in new infrastructure, particularly in regions where infrastructure is limited or non-existent.

Rodolfo Kramer, CEO of Conuar, described the agreement as a milestone in international cooperation for the development of advanced nuclear technologies. Kramer expressed pride in contributing Conuar's industrial expertise and technical know-how to make the SOLO reactor a reality. The partnership brings together Terra Innovatum's innovative vision with Conuar's proven capabilities, creating a unique opportunity to accelerate safe, clean, and sustainable energy solutions that will benefit future generations. Conuar, a leading nuclear development and high-precision technology manufacturer, has been serving the nuclear industry for over 40 years and has produced 100% of the nuclear fuel used by Argentina.

Under the memorandum of understanding, Terra Innovatum and Conuar will conduct pilot programs to evaluate the scope and pricing for Conuar to supply coolant tubs and plates, control rod mechanisms, fuel rods, and stainless steel and special alloy components. Additionally, the companies will collaborate on and consider opportunities to develop a manufacturing and assembly hub in South America to increase production capabilities and better serve local customers over time. This local manufacturing approach could significantly reduce costs and improve accessibility to advanced nuclear technology throughout the region.

The SOLO micro-modular reactor, conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. The reactor is designed to adapt with evolving fuel options, supporting both LEU+ and HALEU, and offering a platform ready to transition to future fuel supplies. More information about Terra Innovatum's technology can be found at https://www.terrainnovatum.com.

SOLO's versatile applications include providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. The technology also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Beyond electricity and heat generation, SOLO can contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment, addressing multiple global challenges simultaneously.