- Terra Innovatum Global N.V. (NKLR) has **accelerated the timeline** for its first-of-a-kind (FOAK) SOLO micro-modular reactor deployment to **2027** and commercialization to **2028**, an improvement from the previously projected 2028 and 2029, respectively.  **[2067627_0001213900-25-099719_ea026159201ex99-1_terra.htm:0]** **[2067627_0001213900-25-099719_ea026159201ex99-2_terra.htm:5]** 
- Key regulatory milestones include expected **Construction Permit Approval** and **Operating License Approval** in **2027**, with **Commercial License Approval** and full commercialization targeted for **2028**.  **[2067627_0001213900-25-099719_ea026159201ex99-1_terra.htm:1]** 
- The SOLO micro-modular reactor is designed to be **scalable, affordable, and deployable anywhere**, generating **1MWe/4MWth** and capable of operating with **Low Enriched Uranium (LEU)** for approximately 15 years without refueling.  **[2067627_0001213900-25-099719_ea026159201ex99-1_terra.htm:1]** **[2067627_0001213900-25-099719_ea026159201ex99-2_terra.htm:3]** **[2067627_0001213900-25-099719_ea026159201ex99-2_terra.htm:5]**  
- The company is in **advanced discussions for future deployment opportunities**, including a **Memorandum of Understanding (MOU) with Rock City** that offers an option to deploy up to **50 SOLO reactors**.

Terra Innovatum Global N.V. Accelerates SOLO Reactor Deployment and Commercialization Timeline

- **Terra Innovatum Global N.V.** (PubCo) completed its business combination with GSR III Acquisition Corp. on **October 9, 2025**, following shareholder approval on **October 7, 2025**.  **[2067627_0001213900-25-099636_ea026131601ex99-2_terra.htm:0]** **[2067627_0001213900-25-099636_ea0261316-8k_terra.htm:1]** 
- The combined company's ordinary shares commenced trading on the Nasdaq Global Market under the ticker symbol "**NKLR**" as of **October 10, 2025**.  **[2067627_0001213900-25-099636_ea026131601ex99-2_terra.htm:0]** **[2067627_0001213900-25-099636_ea0261316-8k_terra.htm:10]** 
- The transaction generated **$130 million** in proceeds, which are expected to fully fund the first-of-a-kind SOLO™ micro-modular reactor deployment and accelerate scale-up.  **[2067627_0001213900-25-099636_ea026131601ex99-2_terra.htm:0]** 
- The company does not anticipate declaring any cash dividends in the foreseeable future, intending to retain all earnings for business operations.  **[2067627_0001213900-25-099636_ea0261316-8k_terra.htm:10]**

Terra Innovatum Global (NKLR)