Company: NKLR
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001213900-25-111171
Chunk: 69

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-17
Form: 10-Q
Item: Part I, Item 2
Chunk 69
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 manufacturing, regulatory compliance, technical talent acquisition, and raw material procurement could
potentially erode our projected economic advantages.

●Energy Market Evolution

The global energy transition, driven by decarbonization efforts
and increasing demand for reliable low-carbon baseload power, creates both opportunities and challenges. The explosive growth in data
center energy requirements, particularly with artificial intelligence (“AI”) and computational infrastructure expansion, presents
a promising market segment. However, economic growth cycles, shifts in energy policy, and potential slowdowns in technological adoption
could materially affect our market positioning and revenue projections.

To mitigate the AI driven market concentration risks, we have
strategically designed SOLO with multi-sector versatility, targeting a diverse range of energy-intensive industries including industrial
manufacturing (cement, steel, mining, paper production), critical infrastructure services (airports, ports, logistics hubs), agricultural
and food processing applications (greenhouses, vertical farming, food processing plants), energy storage (ammonia production, pink hydrogen)
and essential utility services like desalination and water treatment. This intentional market diversification allows us to create resilience
against sector-specific economic fluctuations, leveraging SOLO’s ability to provide both electricity and thermal energy across multiple
high-demand sectors, including emerging opportunities in medical radioisotope production.

●Regulatory and Geopolitical Landscape

Our multinational operational model requires navigating complex
regulatory environments across different jurisdictions. Changes in nuclear energy policies and geopolitical tensions could significantly
impact our potential market access. The evolving global stance on nuclear energy, particularly small modular reactors, introduces both
strategic opportunities and potential regulatory constraints.

●Technological and Labor Market Dynamics

The specialized nature of our technology demands access to
a global pool of highly skilled technical talent. Potential labor market shifts, competition for specialized nuclear engineering expertise,
and varying international education and training standards could influence our human resource strategy and technology development velocity.

●Economic Uncertainty Factors

Macroeconomic uncertainties, including potential recessionary
periods, fluctuations in investment trends in energy related technology, and broader economic growth patterns, could affect our funding
capabilities, customer acquisition strategies, and overall business development trajectory.

●Funding and Investment

We have limited financial resources. There can be no assurance
that sufficient funding will be available to us to fund our operating expenses and to further develop our business. We anticipate that
we will likely need to raise additional capital to fund our operations while we implement and execute our business plan.

25

Emerging Growth Company and Smaller Reporting Company Status