Terrestrial Energy opens North Carolina headquarters

Terrestrial Energy announced the opening of its new corporate headquarters in Charlotte, North Carolina. The new office represents a significant milestone in Terrestrial Energy’s growth trajectory and affirms the Company’s commitment to U.S. nuclear supply chains as a central strategy for the rapid deployment of its Integral Molten Salt Reactor plants across key U.S. industrial sectors. Terrestrial Energy is committed to the delivery of cost-competitive high-temperature, clean, firm thermal and electric energy supply that is essential to power the reshoring of U.S. manufacturing and AI leadership. Terrestrial Energy’s U.S.-anchored supply chain, stretching across many U.S. States, mitigates trade uncertainties by reducing reliance on foreign suppliers. From its new North Carolina base of operations, the company is positioned to leverage America’s nuclear ecosystem and expert workforce in the nuclear, oil and gas, and heavy industrial sectors for supply of key nuclear components and systems, together with engineering services, for IMSR plant construction and project management in the delivery of commissioned plants. The Company’s focus on a domestically-secured supply chain, inclusive of North Carolina supplier partnerships, and its use of Standard-Assay Low Enriched Uranium fuels – as opposed to supply-restricted High-Assay Low-Enriched Uranium- is a distinguishing feature of the Terrestrial Energy’s strategy to deliver a nuclear energy solution to the U.S. market that is policy-resilient and cost-certain. Terrestrial Energy is sourcing key electric power components, including power transformers and steam turbines, from global energy technology leader Siemens, a long-standing North Carolina employer with eight locations across the state. Siemens and Terrestrial Energy have been engaged on IMSR plant component supply since 2021.