Article

Terrestrial Energy Inc. (NASDAQ: IMSR) experienced a 15% stock increase after securing an agreement with the U.S. Department of Energy (DOE) for the TEFLA project, which aims to produce fuel salt for its Integral Molten Salt Reactor technology.

This agreement, part of the Fuel Line Pilot Program, allows for expedited approval of a pilot facility that will generate fuel using low-enriched uranium for the TETRA test reactor. This marks the company's second collaboration with the DOE under the Other Transaction Authority.