Terrestrial Energy Inc. ("TEI" or the "Company") announces that it has entered into a Letter of Intent for services with Canadian Nuclear Laboratories, based in Ontario, Canada. This arrangement includes research and development work that is required to bring the company's Integral Molten Salt Reactor (IMSR) to the engineering blueprint stage, expected in late 2016.
Terrestrial Energy Inc
Terrestrial Energy Inc. ("TEI") has the objective of beginning commercial deployment of its proprietary Molten Salt Reactor technology by early next decade. Molten Salt Reactor technology represents a revolution in nuclear safety, waste and proliferation resistance, and in energy cost-competitiveness. TEI's Integral Molten Salt Reactor (IMSR) is a small modular design, with models ranging from 80 MWth to 600 MWth - ideally suited for remote communities and industrial operations, including on- and off-grid power provision. Canada provides a favorable jurisdiction for the company's Molten Salt Reactor development, licensing and marketing. TEI's board consists of executives from the nuclear, natural resources and finance sectors.
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Terrestrial Energy Inc
Terrestrial Energy Inc. ("TEI") has the objective of beginning commercial deployment of its proprietary Molten Salt Reactor technology by early next decade. Molten Salt Reactor technology represents a revolution in nuclear safety, waste and proliferation resistance, and in energy cost-competitiveness. TEI's Integral Molten Salt Reactor (IMSR) is a small modular design, with models ranging from 80 MWth to 600 MWth - ideally suited for remote communities and industrial operations, including on- and off-grid power provision. Canada provides a favorable jurisdiction for the company's Molten Salt Reactor development, licensing and marketing. TEI's board consists of executives from the nuclear, natural resources and finance sectors.
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