GSR III Acquisition Corp. - Ordinary Shares (GSRT)

SOLO™'s Non-Proliferation Approach Aligns with U.S. NRC's Proposed Licensing Framework Criteria for Low Risk, Proliferation-Resistant Micro Modular Reactors

NEW YORK, NY and AUSTIN, TX / ACCESS Newswire / July 10, 2025 / Terra Innovatum Srl ("Terra Innovatum," or the "Company"), a developer of micro-modular nuclear reactors, and GSR III Acquisition Corp. (Nasdaq:GSRT), a publicly traded special purpose acquisition company, today announcedthat Alessandro Petruzzi, Co-Founder and CEO of Terra Innovatum, Giordano Morichi, Partner, Chief Business Development Officer & Investor Relations of Terra Innovatum, and Anantha Ramamurti, President, Chief Financial Officer and Director of GSRT will participate in a fireside chat at H.C. Wainwright's Powering the Future: Advancing Innovation Through Nuclear virtual conference.

AUSTIN, TX and NEW YORK, NY, July 09, 2025 (GLOBE NEWSWIRE) -- GSR III Acquisition Corp. (Nasdaq: GSRT), a publicly traded special purpose acquisition company, and Terra Innovatum Srl (“Terra Innovatum,” or the “Company”), a developer of micro-modular nuclear reactors, announced today that Terra Innovatum signed a Memorandum of Understanding (“MOU”) with Rock City Admiral Parkway Development (“Rock City”), a six-million square-foot industrial park in Illinois, to host the first deployment site for the SOLO™ micro-modular reactor. This strategic agreement grants Terra Innovatum dedicated use of Rock City’s land for the licensing, testing, and construction of the Company’s first-of-a-kind (“FOAK”) SOLO™ reactor. Subject to customary approvals, Terra Innovatum will supply Rock City’s industrial, logistics, food distribution and government clients with clean and reliable power from the FOAK SOLO™ with an option to subsequently deploy 50 reactors on site, delivering up to 50 MWe for commercial use.

Signed Partnership Agreement with Long-Term Framework to Support Go-to-Market Plan, Regulatory Progress, and Customer Acquisition Strategy

Collaboration to Integrate NRC-Approved Instrumentation and Control (I&C), Safety Systems, and Manufacturing Support as Reactor Development Advances Toward 2028 Deployment

Terra Innovatum's SOLO™ Micro-Modular Reactor Offers Safe, Affordable, and Reliable 24/7 Power Without Refueling for 15 Years Using Off-the-Shelf Readily Available Commercial Components and Licensed LEU Fuel

Transforming Energy Access with Micro-Modular Nuclear Innovation: Terra Innovatum's SOLO™ reactor is designed to bring scalable, off-grid, zero-carbon power to industrial, remote, and high-demand sectors—1 MWe at a time.