Terrestrial Energy (IMSR) announced that it has executed an Other Transaction Authority, OTA, agreement with the U.S. Department of Energy, DOE, for Project TEFLA, a pilot production facility that will demonstrate IMSR Fuel Salt production. This announcement marks an important milestone in Terrestrial Energy’s engagement with the Fuel Line Pilot Program, established under Executive Order 14301, which seeks to address the nation’s shortage of domestic nuclear fuel resources by developing or building fuel production lines to increase production capacity.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IMSR:
- Terrestrial Energy Inc. call volume above normal and directionally bullish
- Midday Fly By: Nvidia launches Rubin platform, Vistra to acquire Cogentrix
- Terrestrial Energy executes OTA agreement with U.S. DOE for Project TETRA
- Cantor starts Terrestrial Energy with Overweight on nuclear programs
- Terrestrial Energy initiated with an Overweight at Cantor Fitzgerald