Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 37

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 37
---
the privacy and security of personal information, which could result in significant legal and financial exposure and reputational damages
that could potentially have an adverse effect on our business.

Our supply base may not be able to scale to the production levels necessary to meet sales projections.

We do not have manufacturing assets and will rely
on third party manufacturers and construction firms to build SOLO, fuel fabrication facilities and associated equipment. While we are
working to secure and manage sufficient third-party manufacturing capabilities and facilities, these capabilities and the facilities
involve risks including timeline, cost, and financing risk and even if successfully developed, might not be available for our earliest
SOLO deployments. Moreover, we are dependent on future supplier capability to meet production demands attendant to our forecasts. If
our supply chain cannot meet the schedule demands of the market, our projected sales revenues could be materially impacted.

<div align='center'>13</div>

We rely on a limited number of suppliers for certain materials and supplied components, some of which are highly specialized and are being designed for first-of-a-kind or sole use in the SOLO. We and our third-party vendors may not be able to obtain sufficient materials or supplied components to meet our manufacturing and operating needs, or obtain such materials on favorable terms or at expected costs.

We rely on a limited number of suppliers for certain
raw materials and supplied components. We may not be able to obtain sufficient raw materials or supplied components to meet our manufacturing
and operating needs, or obtain such materials on favorable terms or at expected costs, which could impair our ability to fulfill our
orders in a timely manner or increase our costs of production.

We do not directly manufacture any of the components
of our MMRs. Our ability to manufacture our MMRs is dependent upon sufficient availability of raw materials and supplied components,
including many highly technical components that are still under design, are being designed for first-of-a-kind or sole use in the SOLO
and have not yet been qualified for use, are only produced by a limited number of suppliers and may be particularly susceptible to cost
increases, supply chain disruptions or inflationary pressures. Any supply chain disruption incurred by our third-party suppliers or degradation
in the quality and processes of our manufacturer partners, may result in delays, cost overruns or impairments to the development of our
reactors.

Certain materials, such as the graphite used to
line our reactor cores, is currently produced in limited number and available predominantly from a number of vendors inside and outside
of the United States (e