Terra Innovatum Partners with Conuar to Strengthen Supply Chain for Micro-Modular Nuclear Reactor
Terra Innovatum's memorandum of understanding with Conuar enhances the global supply chain for its SOLO micro-modular nuclear reactor, positioning the technology for deployment in Latin America and other emerging markets to provide clean, off-grid energy.
Terra Innovatum Srl, a developer of micro-modular nuclear reactors, has signed a memorandum of understanding with Conuar, a globally recognized international component manufacturer and fuel supplier, for the supply of critical components to be used in the production of Terra Innovatum’s SOLO micro-modular nuclear reactor. This partnership strengthens SOLO’s global supply chain and marks a strategic entry into the Latin American market, one of the most important growth regions for the future of nuclear energy.
Alessandro Petruzzi, CEO of Terra Innovatum, stated, "We are excited to partner with Conuar as a key supplier for our first-of-a-kind SOLO and beyond. With more than 40 years of expertise in fuel production and component manufacturing, Conuar has been central to powering Latin America’s nuclear sector." Giordano Morichi, Partner, Chief Business Development Officer & Investor Relations, added that Terra Innovatum is propelling the development of a truly global supply chain and deployment strategy for SOLO, ensuring resilience and reach across multiple continents. This positions the company to bring affordable, zero-carbon, non-proliferant, and reliable energy to emerging markets, extending access to regions where infrastructure is limited or non-existent.
Rodolfo Kramer, CEO of Conuar, remarked, "This agreement with Terra Innovatum marks a milestone in international cooperation for the development of advanced nuclear technologies. The SOLO reactor embodies innovation and the future, and at Conuar, we are proud to contribute our industrial expertise and technical know-how to make it a reality." Conuar is a leading nuclear development and high-precision technology manufacturer that has been serving the nuclear industry for over 40 years, specializing in fuel supply and component manufacturing and having produced 100% of the nuclear fuel used by Argentina.
Under the MOU, Terra Innovatum and Conuar will conduct pilot programs to evaluate the scope and pricing for Conuar to supply coolant tubs and plates, control rod mechanisms, fuel rods, and stainless steel and special alloy components. Additionally, the companies will collaborate on and consider opportunities to develop a manufacturing and assembly hub in South America to increase production capabilities and better serve local customers over time. SOLO is designed to provide CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It is anticipated that SOLO will be available globally within the next three years. For more information, visit https://www.terrainnovatum.com.