Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 110

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 110
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 component of SOLO, including fuel, is
sourced from the existing nuclear supply chain. This approach ensures predictable regulatory pathways, reliable commercialization, and
cost visibility. Multiple suppliers are available for each key component, reducing supply chain risk and supporting rapid deployment.
The simulations associated with the design and components can be executed with existing generally accepted codes.

SOLO’s simple design and use of off-the-shelf
materials minimize R&D requirements and streamline the licensing process. The regulatory engagement plan with the NRC is already
underway, targeting a first-of-a-kind (FOAK) deployment by 2028.

Economic Competitiveness

SOLO’s LCOE is estimated at 7 cents per
kWh over 45 years, which is highly competitive globally, especially in the U.S. and European markets. In European Union countries,
for example, average electricity costs are 16 euro cents per kWh, which makes SOLO a very attractive alternative.

The reactor’s co-generation capability
(simultaneous production of electricity and usable heat) allows customers to offset heating costs, potentially reducing the effective
electricity price further. We believe additional savings might be obtained where carbon credits are available for emission reductions.

Furthermore, SOLO’s modularity enables
customers to scale installations precisely to their needs, with significant cost savings due to reduced transmission infrastructure and
on-site assembly

Operational Flexibility and Market Reach

SOLO can be a source of electricity, heat,
co-generation, or radioisotopes, serving a diverse range of sectors: industrial, infrastructure, medical, data centers, and more.

The modular, factory-assembled design allows
SOLO to be shipped globally and installed quickly, even in challenging environments. Its compact size and limited weight of the components
supports transport on standard highways and assembly in existing facilities.

The SOLO reactor is compatible with both LEU
and, when available, HALEU, ensuring future-proof fuel flexibility. With LEU, SOLO operates for 15 years without re-fueling (up
to 45 years 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