Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 111

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 111
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 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 export control laws, nuclear material safeguards, non-proliferation
obligations, and liability insurance regimes such as the Price-Andersen Act and international conventions. Compliance with these additional
requirements may further impact our operations, costs, and risk profile.

Patents and Proprietary Rights

We strategically protect our intellectual property
through a combination of patents, trademarks, trade secrets, confidentiality agreements, and licensing arrangements both domestically
and internationally, with plans to strengthen this protection