Terrestrial Energy signs land and R&D deals with Texas A&M system

Terrestrial Energy Inc. (NASDAQ: IMSR) and The Texas A&M University System have signed ground lease and research and development agreements that provide Terrestrial Energy with exclusive access to approximately 77 acres at the Texas A&M-RELLIS campus in Bryan, Texas.

The agreements enable site characterization and environmental evaluations required for an application to the U.S. Nuclear Regulatory Commission (NRC) for a permit to construct an Integral Molten Salt Reactor (IMSR) Plant. The work is subject to further approvals by the A&M System's Board of Regents before nuclear activities begin.

The agreements also cover testing activities and two Department of Energy partnership projects, referred to as TETRA and TEFLA. A Master Research Agreement was signed in the first quarter of 2026 to govern collaborative testing work between Terrestrial Energy and the A&M System.

Terrestrial Energy has opened an engineering and project management office at the RELLIS campus to direct the site projects. The agreements follow a Memorandum of Understanding announced in 2025, when the A&M System selected Terrestrial Energy for its Energy Proving Ground initiative.

In April 2026, the NRC issued a safety evaluation on the company's Topical Report on IMSR Postulated Initiating Events methodology, following a late 2025 safety evaluation on its Topical Report on IMSR Principal Design Criteria. In May 2026, Terrestrial Energy announced a separate agreement with Riot Platforms to develop IMSR-powered data center projects targeting up to 4 gigawatts of generating capacity.

"These agreements capture the vision announced with the 2025 MOU and allow our Company to move forward with a powerful partnership across multiple projects," said Simon Irish, chief executive officer of Terrestrial Energy.

Robert L. Albritton, chairman of the A&M System Board of Regents, said the RELLIS campus was created to bring researchers, industry leaders, and public partners together to move technology to commercial reality.

You May Also Be Interested In

• Trump Says He's Close To Decision On Massive Iran Attack - Axios
• CBIZ launches pooled employer plan for middle-market businesses
• Nexstar completes ATSC 3.0 rollout in Cleveland, final major U.S. market