Terra Innovatum Global N.v. · NASDAQ:NKLR
Terra Innovatum Global — Q4 2025 Earnings Presentation
37 slides from Terra Innovatum Global's earnings presentation, Apr 16, 2026
Slide 1: Business Update Q4 2025
NASDAQ: NKLR BUSINESS UPDATE Q4 2025 APRIL 16, 2026 IN V ES TOR P RE S EN TATI ON | AP R IL 2026 1
Slide 2: Disclaimer
DISCLAIMER Certain information contained herein has been derived from sources prepared by third parties. While relating to the uncertainty of the projected financial information with respect to Terra; future global, such information is believed to be reliable for the purposes used herein, none of th
Slide 3: Glossary
GLOSSARY BWR Boiling water reactor LEU Low-enriched uranium CAGR Compound annual growth rate LMFR Liquid metal fast breeder reactor CFD Computational fluid dynamics MMR Micro modular reactors CFR Code of federal regulations MSR Molten salt reactors COTS Commercial-off-the-shelf components mSv Millis
Slide 4: Executive Summary & Latest Updates
EXECUTIVE SUMMARY & LATEST UPDATES IN V ES TOR P RE S EN TATI ON | AP R IL 2026 4
Slide 5: A New Category of Nuclear Power: Distributed, Modular Microreactors
DIFFERENTIATORS & STRATEGY A New Category of Nuclear Power: Distributed, Modular Microreactors Powering the Next Generation of AI, Industrial and Defense Infrastructure ▪ Grid constraints limiting growth globally ▪ AI and industrial demand accelerating power needs ▪ Traditional nuclear too slow and
Slide 6: 2025: A Year of Substantial Progress
LATEST UPDATES 2025: A Year of Substantial Progress REGULATORY & LICENSING SUPPLY CHAIN B US IN ES S & MA RK E T P E NE TR A TIO N ▪ On-Track with CP and OL by end of 2027, ▪ Secured end-to-end supply chain for ▪ $4B in pre-commercial commitments supporting early Commercialization 2028 both nuclear-
Slide 7: Streamlined Regulatory Process
US NRC UPDATES Streamlined Regulatory Process ▪ For the FOAK following 10 CFR Part 50, Class (104) licensing path. Part 50 is the traditional Two-step licensing process consisting of Construction Permit (CP) to build, followed by Operating License (OL) to operate upon completion and validation ▪ Lic
Slide 8: U.S. Regulatory Tailwind – 10 CFR Part 57
ADVANTAGEOUS REGULATORY PATH Strategic Implications for SOLO U.S. Regulatory Tailwind – 10 CFR Part 57 Aligns directly with SOLO’s micro-modular architecture (Microreactor Licensing) Enables scalable U.S. commercialization across multiple Current model is designed for large reactors, part 57 address
Slide 9: End-to-End Supply Chain Secured
MAJOR EXECUTION MILESTONE END-TO-END SUPPLY CHAIN SECURED Terra Innovatum has secured the full end-to-end supply chain required to manufacture and deploy the SOLO Micro-Modular Reactor I NDU STR IAL IZ ED REAC TOR PLAT F OR M NU CLEAR -QUALI F IED SUPPLY CHAIN PARTNERS All critical nuclear-grade and
Slide 10: Current Publicly-Disclosed Strategic Alignments
WORLD-CLASS PARTNERSHIPS FULLY SECURED EXISTING NUCLEAR GRADE SUPPLY CHAIN Current Publicly-Disclosed Strategic Alignments S UPP L IE RS Key Component & Fuel, Factory Manufacturing, and Instrumentation & Control Systems and Safeguards Monitoring Leading Nuclear Fortune 100 Steam Supply System energy
Slide 11: Graphite Prototype Manufacturing & Validation Milestone
GRAPHITE PROTOTYPE MANUFACTURING & VALIDAITON MILESTONE Terra Innovatum and Mersen Achieve Graphite Prototype Manufacturing and Validation Milestone to support First Deployment of SOLO Micro-Reactor ▪ Milestone builds on prior agreement for nuclear-grade graphite and supports SOLO FOAK (First-of-a-K
Slide 12: Get Energy Today
BUSINESS & MARKET PENETRATION Get Energy Today A differentiated Microreactor solution for today’s and ready for tomorrow’s needs. SMALL & LAR GE I NDU STR Y LAR GE SCAL E D ATAC ENT ERS • Actively engaging with industry today, offering a bankable energy • Scalable modular co-generation: Single units
Slide 13: Introducing SOLO Nodes
SOLO UPDATE – ENHANCED USE CASE Introducing: “SOLO Nodes” Combined Balance of Plant, Higher Savings “SOLO Unit” “SOLO Node” 1 SOLO Reactor Core SOLO Reactor Core 1 PCU (Power Conversion Unit) Vs PCU PCU (Power Conversion Unit) 20 SOLO Units 16 SOLO Units 20 1-MWe turbines One 25-MWe turbine Multiple
Slide 14: SOLO Load Coverage
SOLO PRODUCT UPDATE SOLO Load Coverage LOW FREQUE NCY DEMAND SPECTRUM Chart n.2 Seasonal near-daily PUE and Power behavior for a data center of 97MWe Baseload to Full Autonomous Operation Low frequency demand response • Constant Nuclear Reactor Power operation with PEAK LOAD variable Load Despatch H
Slide 15: Differentiators & Strategy
DIFFERENTIATORS & STRATEGY I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 15
Slide 16: Our Mission: Safety by Design, Accelerated Speed to Market
DIFFERENTIATORS & STRATEGY Our Mission: Safety by Design. DESIGN IS COMPLETE Accelerated Speed to Market. No further R&D needed for FOAK or regulatory-driven design changes anticipated Scalable Global Market Penetration. FU LL Y F UND E D Cash-rich balance sheet expected to support all Licensing, F
Slide 17: Introducing SOLO
INTRODUCING SOLO SOLO is a scalable Micro-modular nuclear reactor designed to deliver 1 MWe + 4 MWth in a compact 10 m3 cube, with an estimated ~$0.07 LCOE over a 45-year operating life I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 17
Slide 18: SOLO Key Differentiators
DIFFERENTIATORS & STRATEGY No risk of H2 steam explosion, or meltdown after scram, and Safe by physics no exclusion zone required, enabling global deployment across diverse use cases. Factory-built with off-the-shelf components; Faster licensing, lower and accurate costing and Supply Chain fully sec
Slide 19: Key Differentiators Driving Global Deployment
KEY DIFFERENTIATORS DRIVING GLOBAL DEPLOYMENT 1 G L O B A L P E R M E A TI O N P O W E R S C A L A B IL IT Y 3 Deployable across U.S. and global Modular architecture enabling markets with a flexible, jurisdiction- scalable deployment from single ready design, enabling broad market units to fleet-lev
Slide 20: Fabless Model Creates Unique Advantage
FABLESS MODEL CREATES UNIQUE ADVANTAGE Terra Innovatum is built to design, integrate, and deploy the SOLO 1MWe micro modular reactor while leveraging a global network of Nuclear-grade manufacturing and specialized supply chain partners. FABLESS MODEL BENEFITS • Commercial readiness • Regulatory read
Slide 21: SOLO Advantages: From Design to Deployment
SOLO ADVANTAGES: FROM DESIGN TO DEPLOYMENT Terra Innovatum Many Advanced (Build-Ready Program) Reactor Programs Current cash expected to fully fund FOAK Dependent on market or federal funding Design complete (FOAK=NOAK) Concept / prototype-stage designs No FOAK R&D funding required Ongoing R&D & en
Slide 22: Roadmap to FOAK & Commercialization
ROADMAP TO FOAK & COMMERCIALIZATION I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 22
Slide 23: Streamlined Licensing Pathway
STREAMLINED LICENSING PATHWAY TR AD ITI ON A L L ICE NS I NG P A THWA Y Parallel Licensing Strategy Advancing Construction Permit and Operating License pathways simultaneously with the U.S. NRC. USNRC Demonstrative New licensing NOAK FOAK = NOAK Design submissions FOAK Approval & submissions approva
Slide 24: FOAK Deployment Roadmap
FOAK DEPLOYMENT ROADMAP 2 0 24 2025 2 0 26 2 0 27 2 0 28 US N RC LIC EN SIN G PR OG RE SS CO MP LE TE D CO MP LE TE D SU BMITT AL EX PE CT ED EX PE CT ED ▪ Design Construction Construction US Commercial ▪ Regulatory Engagement Plan Engagement Permit Permit & License & Intl. Design (R&D) Operating Li
Slide 25: Commercialization Updates
COMMERCIALIZATION UPDATES I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 25
Slide 26: Strong Commercial Traction in Multiple Segments
COMMERCIALIZATION UPDATES Strong Commercial Traction ILLUSTRATIVE PER-SITE NEED(1) in Multiple Segments SMALL INDUSTRI ES / 1-20+ IN FR AST RU CT URE SOLOs $4B * INDUSTRIA L / Pre-Commercial FACTORIE S / UTILITIES / 2 0 - 1 0 0+ Commitments CO-GENER ATION SOLOs OPPORTUNITIES 200 MEDI CAL / HEA LTHC
Slide 27: Global Deployment Enabled by Non-Proliferation Design
COMMERCIALIZATION UPDATES Global Deployment Enabled by Non-Proliferation Design Treaty on the SOLO’s technology is designed for both U.S. deployment and Non-Proliferation of international commercialization. Our use of Low-Enriched Uranium Nuclear Weapons 1968 (LEU) enables broader deployment opportu
Slide 28: First Deployment Site (FOAK) Rock City
COMMERCIALIZATION UPDATES First Deployment Site (FOAK) & 50 Reactors On-Site Deployment Rock City Admiral Parkway RO CK CI TY VAL ID AT ES C OM M ER CIAL S CAL E Rock City site announcement demonstrates SOLOTM’s go-to-market strategy - a reactor purpose-built for commercial scale, progressing from F
Slide 29: AI Infrastructure Partnership with Uvation
COMMERCIALIZATION UPDATES AI Infrastructure Partnership with Uvation – 1 MWe Pilot with Option to Scale to 100 MWe UP TO 100 Reactors Pilot Deployment ▪ 1 MWe SOLO-powered pilot expected to support next-generation AI and high-performance computing (HPC) data centers Expansion Potential ▪ Option to s
Slide 30: Ameresco Partnership for U.S. Public-Private Deployment
COMMERCIALIZATION UPDATES Ameresco Partnership to Pursue U.S. Public- Private Deployment and Global Opportunities 50 Reactors US Focused Federal Deployment(DOD, DOE), Global Outreach ▪ Comprehensive framework to evaluate siting, development, construction, integration, operation, and decommissioning
Slide 31: Case Studies
CASE STUDIES IN DU STR IA L, F AC TOR IE S DA TA CE NT ER S SMAL L IN DU ST RIE S / ME DI CA L & CO-GE NE RA TIO N & DIGITA L IN FRA ST RU CT UR E & HE ALT HC AR E OP PO RT UN ITIE S Locally deployable power: Reduce Emissions Deployment in populated areas CHALLENGES Meet exponential growth supply an
Slide 32: Financial Highlights
FINANCIAL HIGHLIGHTS I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 32
Slide 33: Financial Updates: Total Funds Available $100M+
FINANCIAL UPDATES TOTAL FUNDS AVAILABLE $100M+ December 31st, 2025 I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 33
Slide 34: Summary
SUMMARY I N V E S T O R P R E S E N T A T I O N | A P R I L 2 0 2 6 34
Slide 35: Summary: Strategic Priorities
SUMMARY: STRATEGIC PRIORITES COMPLETED ▪ Reactor design finalized ▪ Supply chain secured & established ▪ Manufacturing strategy defined (factory-based deployment) IN P RO GR E SS / N EA R-TE RM ▪ Expand commercial pipeline ▪ Advancing MOUs & customer orders for SOLO ▪ Prepare FOAK reactor build (fac
Slide 36: Stay Connected & Track Our Progress
STAY CONNECTED & TRACK OUR PROGRESS Follow Terra Innovatum’s journey in real time through our public NRC engagement and ongoing updates across key milestones and commercialization progress. F OL LOW OUR REGUL ATORY PROGRESS ▪ Terra holds ~monthly public meetings with the U.S. Nuclear Regulatory Comm
Slide 37: Investor Relations Contacts
Investor Relations Contacts Giordano Morichi Founding Partner, Chief Business Development Officer & Investor Relations Terra Innovatum Global E: g.morichi@terrainnovatum.com Simon Willcocks Investor Relations Alliance Advisors IR E: Investors@terrainnovatum.com I N V E S T O R P R E S E N T A T I O
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