Terra Innovatum Global N.v. · NASDAQ:NKLR
Terra Innovatum Global — SPAC Merger (September 2025)
21 slides from Terra Innovatum Global's SPAC merger presentation, Sep 10, 2025
Slide 1: In Picture: Francesco Squaratti and Alessandro Petruzzi
In Picture: Francesco Squaratti, Managing Director at ATB Riva Calzoni and Alessandro Petruzzi, Co-Founder & CEO at Terra Innovatum “Signing this MOU with ATB is a major inflection point as we move closer to making the first commercial deployment of the SOLO™ micro-modular reactor a reality,” said A
Slide 2: ATB Riva Calzoni MOU and About Terra Innovatum & SOLO
In Picture: ATB Riva Calzoni, Terra Innovatum, and GSR III Acquisition Corp leadership at ATB Headquarters. ATB Riva Calzoni brings a heavy international presence – with deep operations in Europe and South America and offices across the U.S., Canada, Africa, and Australia – and a proven track record
Slide 3: Investor Presentation | September 2025
INVESTOR PRESENTATION | SEPTEMBER 2025 | GSR III ACQUISITION CORP (NASDAQ: GSRT) X NASDAQ : NKLR (Proposed Nasdaq Ticker) H.C. Wainwright Investor Presentation
Slide 4: Important notice
INVESTOR PRESENTATION | SEPTEMBER 2025 | 2 For the purposes of this notice, this “presentation” will mean and include the slides, any oral presentation of the slides by members of management of GSR III Acquisition Corp . (“GSRT”) or Terra Innovatum s . r . l . (the “Company” or “Terra”) or any perso
Slide 5: Use of Projections
INVESTOR PRESENTATION | SEPTEMBER 2025 | 3 Use of Projections : This presentation contains financial forecasts with respect to the Company’s projected financial results . Such projected financial information constitutes forward - looking information, is included for illustrative purposes only and sh
Slide 6: Highly experienced team of nuclear industry experts
INVESTOR PRESENTATION | SEPTEMBER 2025 | 4 4 4 INVESTOR PRESENTATION | SEPTEMBER 2025 | Alessandro Petruzzi (PhD) CO - FOUNDER & CHIEF EXECUTIVE OFFICER Cesare Frepoli (PhD) CO - FOUNDER, CHIEF OPERATING OFFICER & LICENSING DIRECTOR Marco Cherubini (PhD) CO - FOUNDER, CHIEF TECHNOLOGY OFFICER & PROD
Slide 7: Making Nuclear Power Accessible
INVESTOR PRESENTATION | SEPTEMBER 2025 | 5 5 5 5 5 INVESTOR PRESENTATION | SEPTEMBER 2025 | MAKING NUCLEAR POWER ACCESSIBLE We Plan to Deliver Simple and Safe Micro - Reactor Solutions That are Scalable, Affordable and Deployable Anywhere, 1MWe at a time
Slide 8: Expect to Lead the Nuclear Revolution with a Differentiated Approach
INVESTOR PRESENTATION | SEPTEMBER 2025 | 6 TERRA INNOVATUM Expect to Lead the Nuclear Revolution with a Differentiated Approach CAPITALIZING ON A MEGATREND Addressing growing demand for electricity generation with a modular low - carbon, cost - competitive and reliable solution SAFETY AND SAFEGUARDS
Slide 9: Small, Safe, and Factory Assembled – Design Completed
INVESTOR PRESENTATION | SEPTEMBER 2025 | Small, Safe, and Factory Assembled – Design Completed 7 7 7 INVESTOR PRESENTATION | SEPTEMBER 2025 | GENERATES 1MWe/4MWth RUNS 24/7 REMOTELY OPERATED NO EXPLOSION OR MELTING RISK NO PROLIFERATION RISK NO EMERGENCY ZONE AREA 10MX10MX10M SIZE 1 (1) The dimensio
Slide 10: Modular by Design
INVESTOR PRESENTATION | SEPTEMBER 2025 | 8 8 8 8 8 8 8 INVESTOR PRESENTATION | SEPTEMBER 2025 | MODULAR BY DESIGN Scalable in Power, Cost, and Footprint 1GWe UP TO 3MWe - 12MWth BENEFITS OF MODULARITY | Scalability | Redundancy | Standardized Construction | Proximity
Slide 11: Broadly Diversified End Markets
INVESTOR PRESENTATION | SEPTEMBER 2025 | 9 BROADLY DIVERSIFIED END MARKETS Ideally Suited for Multiple Applications (1) All estimates based on management’s current expectations. Actual number of SOLO reactors deployed will depend on a number of external factors and may vary materially from the estim
Slide 12: Terra Innovatum's Unique Positioning in the SMR Sector
INVESTOR PRESENTATION | SEPTEMBER 2025 | 10 [TBD] (15) U.S. SMR Universe <5MWe <15MWth Kaleidos (1.2) Odin (1.25) SOLO w/LEU (1) eVinci (5) Natrium (345) BWRX - 300 (300) IMSR (195) Hermes (140) ARC - 100 (100) Xe - 100 (80) VOYGR (77) FMR (50) Aurora (15) Aalo - 1 (10) eVinci (5) AP300 (300) LFTR (
Slide 13: Fuel flexibility reduces time to market risk
INVESTOR PRESENTATION | SEPTEMBER 2025 | 11 Bottom line: Terra’s fuel flexibility significantly reduces time to market risk by being able to operate with LEU, while at the same time enjoying all the benefits of HALEU once it becomes widely available (1) Based on the neutronics analysis, with the use
Slide 14: Built For Rapid & Scalable Commercialization at Low Costs
INVESTOR PRESENTATION | SEPTEMBER 2025 | 12 Built For Rapid & Scalable Commercialization at Low Costs JANUARY 2025 2025 / 2026 2027 2028 Regulatory Engagement Plan Filed with NRC LATE - YEAR Estimated operating license approval MID - YEAR Estimated commercialization of first SOLO ONGOING >>> Continu
Slide 15: Commercialization Updates
INVESTOR PRESENTATION | SEPTEMBER 2025 | 13 COMMERCIALIZATION UPDATES First Deployment Site for First - Of - A - Kind SOLO ADVANCED DISCUSSIONS FOR FUTURE DEPLOYMENT OPPORTUNITIES In talks with a range of deployment opportunities, including laboratories, national defense entities, nations, utilities
Slide 16: Supply Chain Updates
INVESTOR PRESENTATION | SEPTEMBER 2025 | 14 SUPPLY CHAIN UPDATES Developing a Robust Supply Chain ▪ Supports NRC - approved Instrumentation & Control (I&C) systems and global manufacturing for SOLO reactors Paragon Energy Solutions Partnership ▪ Expands access to DOE/DOD funding programs, regulatory
Slide 17: Post-Closing Board of Directors
INVESTOR PRESENTATION | SEPTEMBER 2025 | 15 15 15 POST - CLOSING BOARD OF DIRECTORS: DEEP PUBLIC COMPANY FINANCE, GOVERNANCE, NUCLEAR TECHNOLOGY AND LEADERSHIP EXPERIENCE Alessandro Petruzzi TERRA INNOVATUM CO - FOUNDER & CHIEF EXECUTIVE OFFICER Cesare Frepoli TERRA INNOVATUM CO - FOUNDER, CHIEF OPE
Slide 18: Unit economics and LCOE
INVESTOR PRESENTATION | SEPTEMBER 2025 | 16 Note: Other Costs include all capital costs, including balance of plant, contingency and transportation costs. For each respective time period, LCOE defined as total capital and maintenance costs, divided by total kWh produced. Unit economics and LCOE calc
Slide 19: Valuation Benchmarking vs. Key Metrics
INVESTOR PRESENTATION | SEPTEMBER 2025 | 17 VALUATION Benchmarking vs. Key Metrics Source: SEC filings and FactSet as of July 16, 2025 (1) Excludes earnout shares. (2) Terrestrial Energy announced a merger with HCM II Acquisition Corp. on March 26, 2025, and the transaction has not closed yet. EXPEC
Slide 20: Transaction Overview
INVESTOR PRESENTATION | SEPTEMBER 2025 | 18 TRANSACTION OVERVIEW $475 million at $10/share Equity Consideration to Existing Terra Shareholders (1) Share price based earnout milestones will be achieved when respective share prices are satisfied for 5 trading days of any consecutive 20 trading day per
Slide 21: Investor Relations Contacts
INVESTOR PRESENTATION | SEPTEMBER 2025 | 19 Investor Relations Contacts Giordano Morichi Partner, Chief Business Development Officer & Investor Relations Terra Innovatum S.r.l. E: g.morichi@terrainnovatum.com Nicholas Hresko - Staab Vice President Investor & Media Relations Alliance Advisors IR E: T