Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 325

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 325
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 simulations associated with the design and components can be executed with existing generally accepted codes. SOLO’s simple design and use of off -the -shelfmaterials 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 -generationcapability (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 -siteassembly 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 -assembleddesign 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 -prooffuel 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 -unitSOLO 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