Terrestrial Energy Finalizes Key Agreements and DOE Selection
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Terrestrial Energy has finalized key agreements, including indemnification and lock-up agreements, as part of a business combination. These agreements aim to protect leadership and regulate share transfers. The company was also selected for the U.S. Department of Energy’s Fuel Line Pilot Program, which supports advanced nuclear technologies and reduces reliance on foreign uranium. Terrestrial Energy focuses on developing advanced nuclear reactors and ensuring a stable supply of nuclear fuel.
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