Nuclear startup Terrestrial Energy goes public via SPAC, netting $280M in merger

Surface energy, which is a small nuclear start, combined with a procurement company on Wednesday.

The North Carolina-based company develops smaller modular reactors and waits for $ 280 million net without deal. Before the spac combination, Surface energy He raised $ 94 million per pitchbook. The united enterprise expects to be listed in the NASDAZ under the IMSR symbol.

The small module reactor (SMMR) called an integral melted salt reactor, is a reference to the flavor of surface energy. In such a device, a lithium fluorid or sodium fluoride, which serve to stop uranium fuel, nuclear fuel and reactor the main refrigerator, is mixed with various salts.

The reactors of the surface is designed to completely change the melted salt reactors in the area, which is partially corrosion in the area every seven years. Reactor Core, not only fuel and graphite modulators, but also include fuel and graphite modulators that include cool and flowing heat exchangers and pumps.

Aims to a number of markets, including industrial applications that require beginners, electricity, data centers and heating.

There are a large number of offerings to set up a faded salt reactors, but none of them have been built so far. The main technology was invented in the 1950s, but two experiences of that time faced with problems.

Electrification of nuclear energy, buildings and transport received attention as a combined shipping Fast growth of data centersElectricity needs increased.

Technology companies are increasingly interested in the technology, the electricity requirements of the AI ​​training and results of the technology. Google, Meta, Amazonand Openai’s Sam Altman They have chosen a horse in the race to develop advanced nuclear reactors.

Surface energy, the first SMR for the spac is not the start – Altman-backed Oklo Completed Her deal In 2024 – and the current hype around the nuclear power is possible, it is possible that it will not last.