Nuclear Startup Terrestrial Energy Goes Public Via Spac, Netting $ 280 Million in Merger

Cooling tower at nuclear power plant emits steam.

Terrestrial Energy, A Small Nuclear Startup, Merged with an Acquisition Company on Whneesday. The Canadian Company is Developing Small Modular Reactors and Expects to Net $ 280 Million from the Deal. Before the Spac Merger, Terrestrial energy Had raised $ 94 Million, according to pitchbook. The combined entity expects to list on nasdaq under the … Read more