Terrestrial Energy Inc.

$18,923,000.00 CAD

≈ $0.46 for every person in Canada ≈ 245 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream 1 - R&D
Recipient country: Canada
Fiscal year: 2020-2021
Agreement period: September 2, 2020 – April 30, 2052
Reference: ic:033-2020-2021-Q2-811861

Published purpose

This project involves the engineering and development of the Integral Molten Salt Reactor (IMSR®) power plant, a Generation IV Small Modular Reactor. of the Integral Molten Salt Reactor

In plain English AI-generated

This project funds the engineering and development of the Integral Molten Salt Reactor, a Generation IV Small Modular Reactor, by Terrestrial Energy Inc. in Canada.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions