Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 100

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 100
---
 under neutron exposure, unlike alternatives like water or carbon dioxide, reducing proliferation
concerns. The reactor is equipped with multiple independent shutdown mechanisms (control blades, shutdown blades, drums, pellets, and
helium-3 injection) and enclosed within the Monolith, allowing it to operate without the need for an EPZ and ensuring robust safety and
regulatory compliance.

<div align='center'>55</div>

Supply Chain Certainty and Fast Time to Market

Every 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 2027.

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