Terra Innovatum is one of several companies seeking to develop small-scale nuclear power, and it will go public through a merger with blank check company GSR III Acquisition Corp. According to a statement, the company's pre-investment equity valuation in this deal was $475 million. The company is seeking approval from the US Nuclear Regulatory Commission to commercialize its reactor design by 2028.

Terra Innovatum is one of several companies seeking to develop small-scale nuclear power, and it will go public through a merger with blank check company GSR III Acquisition Corp. According to a statement, the company's pre-investment equity valuation in this deal was $475 million. The company is seeking approval from the US Nuclear Regulatory Commission to commercialize its reactor design by 2028.