Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 101

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 101
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 with two re-fuelings); with HALEU, it could run for 45+ years on a single load.

Scalability and Redundancy

SOLO’s modularity means
installations can be scaled from a single unit to hundreds or even thousands, providing energy redundancy and minimizing the impact of
individual reactor outages. A 1,000-unit SOLO installation occupies less space than a typical 1 GW reactor, at a fraction of the cost
and with enhanced reliability.

Regulations

We are subject to extensive
U.S. federal, state, and local laws and regulations, as well as foreign laws, covering a broad range of areas relevant to our operations.
These regulatory requirements are continually evolving, both domestically and internationally, resulting in an expanding scope of compliance
obligations. Key areas of regulation include nuclear energy and materials, environmental protection, export controls, national security,
and other legal domains. Like other participants in the commercial nuclear industry, we operate under significant scrutiny from regulatory
authorities in the U.S. and abroad, and many applicable laws and regulations are subject to ongoing interpretation and change by
agencies and courts. Compliance with these requirements can be complex and costly, potentially affecting our business model, competitive
position, and financial results.

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The nuclear industry is highly
regulated worldwide, and the design, construction, and operation of nuclear facilities require regulatory approval in each jurisdiction.
Nuclear safety regulators typically assess design safety, resilience to internal and external hazards, and environmental impacts. Regulatory
processes are country-specific, though international collaboration among regulators is common, especially when a design is deployed in
multiple markets. Our licensing strategy aims to secure timely approvals by engaging early with regulators and maintaining a consistent
design across markets, leveraging the U.S. Nuclear Regulatory Commission’s (“NRC”) approval of the
design as a foundation.

Internationally, most countries
restrict license applications to the proposed plant owner or operator. We intend to engage proactively with regulators in each target
country, consistent with our approach in the U.S. The NRC’s established relationships with foreign regulators and participation
in international organizations such as the International Atomic Energy Agency (“IAEA”) are expected to support
our efforts to obtain regulatory approvals abroad and provide additional confidence in our technology. We also anticipate benefiting
from the NRC’s regulatory assistance programs, which facilitate collaboration and information sharing with other national regulators.
Beyond nuclear safety, our activities are also subject to other regulatory controls, including