Terra Innovatum Global N.V. (NKLR) Investor update summary

Strategic Progress and Business Momentum

• Achieved major milestones in 2025, including regulatory progress, supply chain security, and $4 billion in pre-commercial commitments for SOLO microreactors targeting deployment in 2027 and broader commercialization in 2028.

• Reactor design is finalized, supply chain is secured with 30 suppliers downselected, and manufacturing is underway for factory-based deployment.

• Produced a graphite prototype with Mersen, validating design and manufacturability for key reactor components.

• Focused on high-growth sectors such as data centers, industrial, healthcare, and infrastructure, with scalable, flexible solutions.

• Transitioned from concept to execution, with commercial strategy including both reactor sales and PPA models.

Regulatory and Licensing Advancements

• Initiated formal licensing with the U.S. NRC in January 2025, submitting regulatory engagement plan and multiple topical and white papers.

• Pre-application phase nearing completion, with construction permit phase expected to begin between June and September 2026.

• SOLO's design aligns with the new Part 57 regulatory framework, supporting factory-built, modular microreactors and enabling multi-unit licensing.

• Parallel licensing strategy compresses timeline, with FOAK and NOAK designs identical to accelerate commercialization.

• U.S. NRC accepted docketing of key regulatory submissions; construction permit applications scheduled for 2026.

Technology and Supply Chain Milestones

• Achieved manufacturing milestone with Mersen, producing graphite reactor core prototype within design tolerances.

• Developed procedures for standardized, repeatable manufacturing, supporting transition from FOAK to NOAK production.

• Established strategic partnerships with leading suppliers for nuclear-grade systems, fuel, and deployment capabilities.

• Addressed supply chain risks early, ensuring readiness for fabrication and reducing procurement bottlenecks.

• Capital-efficient, asset-light fabless model leverages global supply chain.