IMSR$2.91-2.68%
Terrestrial Energy Inc.
Sector: Fabricated Plate Work (Boiler Shops)Industry: Regulated ElectricCountry: USExchange: Nasdaq
Mkt Cap:$377.32M
Float & O/S:77.42M / 83.23M
Inst Own:24.1%
DilutionScan read 40 of Terrestrial Energy Inc.'s SEC filings and found 5 warrant series, 4 convertibles, 1 S-1 registration and 2 completed offerings on file for IMSR. The latest dilution event on file is an offering on Mar 19, 2026. Analysis updated Oct 27, 2026.
Signal8 Summary
IMSR
Pre-revenue nuclear developer near 52-week high
Snapshot
Terrestrial Energy is a pre-revenue developer of small modular nuclear reactors, with no commercial plants expected until the early 2030s. FY 2025 net loss was $28.0M on essentially no revenue, and the company burned $17.6M in free cash flow.
What's Happening Right Now
- : Terrestrial Energy was selected to supply IMSR technology to Ameresco's power project at the U.S. Army's Aberdeen Proving Ground, though no contract value was disclosed.
- : The company submitted its Graphite Topical Report to the NRC, the second of at least three planned 2026 filings supporting its licensing basis.
- : Q2 10-Q showed first-half net loss widened 59% YoY to $19.9M as R&D spend more than doubled, with management citing roughly 49.4M shares of dilution overhang from options, RSUs, and warrants.
- : Board member Shawn Matthews resigned effective July 27, 2026, with the company stating it was not due to any disagreement.
- : Q2 2026 net loss narrowed to $9.4M from $10.5M, with $283.4M in cash and key NRC and site-control milestones reached.
