Terra Innovatum Srl, a developer of micro-modular nuclear reactors, announced today that it has signed a memorandum of understanding (MOU) with Conuar, a leading 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. The partnership is expected to enhance the global supply chain for SOLO and facilitate entry into the Latin American market, a key growth region for 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. This partnership not only strengthens SOLO’s global supply chain but also marks a strategic entry into the Latin American market—one of the most important growth regions for the future of nuclear energy. Together, we are well positioned to scale SOLO production and accelerate the deployment of clean, affordable, reliable, modular power while providing much needed radioisotopes at scale.”
Giordano Morichi, Partner and Chief Business Development Officer & Investor Relations, added, “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 us to bring affordable, zero-carbon, non-proliferant and reliable energy to emerging markets, extending access to regions where infrastructure is limited or non-existent. With SOLO’s off-grid, behind-the-meter capabilities, we can deliver power directly to communities and industries without requiring large-scale investments in new infrastructure. Together with our industry-leading partners, we are one step closer to realizing our mission of expanding energy access worldwide.”
Rodolfo Kramer, CEO of Conuar, commented, “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. Bringing together Terra Innovatum’s innovative vision with Conuar’s proven capabilities is a unique opportunity to accelerate safe, clean, and sustainable energy solutions that will benefit future generations. We are excited to support their efforts to bring clean, off-grid energy to communities and industries through their promising micro-modular nuclear technology across Latin America. They are bringing a unique design to market, which leverages existing and readily manufacturable components. We are looking forward to working closely together for years to come.”
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.
Conuar is a leading nuclear development and high-precision technology manufacturer that has served the nuclear industry for over 40 years. The company specializes in fuel supply and component manufacturing and has produced 100% of the nuclear fuel used by Argentina. Conuar engineers and integrates critical components with specialized engineering, advanced manufacturing, and strict adherence to international standards in demanding environments, and produces seamless tubes of high alloys for the nuclear industry.
Terra Innovatum’s SOLO micro-modular reactor is designed to deliver 1 MWe of power per unit and is expected to be available globally within the next three years. The reactor uses readily available commercial off-the-shelf components to minimize supply chain risks and ensure cost predictability. SOLO can provide CO2-free, behind-the-meter, and off-grid power for data centers, mini-grids, and industrial operations, and can also produce radioisotopes for medical applications. For more information, visit www.terrainnovatum.com.
