Terrestrial Energy Inc. announced its 2025 financial results, reporting a net loss of $28 million and highlighting key operational progress including a commercial IMSR plant selection by Texas A&M University and two U.S. Department of Energy pilot project awards.
Key takeaways
The Company reported a net loss of $28 million for 2025, a $17 million increase from the prior year.
Texas A&M University selected Terrestrial Energy to site a full-sized commercial IMSR Plant at its RELLIS campus.
The U.S. Department of Energy awarded Terrestrial Energy two pilot project awards for its reactor and fuel-line programs.
The Company completed its business combination with HCM II Acquisition Corp, raising more than $292 million in gross proceeds.
As of December 31, 2025, the Company held approximately $298 million in cash and short-term investments.