NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Terra Innovatum Global N.V. (NASDAQ:NKLR) ("Terra" or the "Company"), developer of the SOLO™ Micro-Modular Reactor, today announced that it will host a Business Update call on April 16, 2026, to provide investors with an update on the Company's recent progress as it moves into a manufacturing execution phase.

Form 10-K Update

Terra is in the final stages of completing its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Company is taking additional time to ensure the filing is aligned with its post-combination reporting requirements. Terra expects to file its Form 10-K in the near term.

As is customary in these circumstances, Terra expects to receive a standard notification from Nasdaq related to the timing of the filing and intends to address it within the prescribed timeframe.

Business Update Call

Given Terra's continued progress across key areas of the business, the Company believes it is important to maintain active communication with investors. Accordingly, Terra's previously scheduled April 16, 2026 call will be conducted as a Business Update, focusing on:

Regulatory progress
Commercial development
Supply chain execution
Additional strategic initiatives driving long-term value

"Our focus is on completing a thorough and fully resolved year-end reporting process," said Katherine Williams, Chief Financial Officer of Terra Innovatum. "At the same time, the business continues to advance across key strategic priorities, and we look forward to updating investors on that progress."

Terra's Business Update call will use the same access details previously announced for the Company's Audited Annual Fiscal Year 2025 Conference Call.

Date: Thursday, April 16, 2026

Time: 9:00 a.m. Eastern Time

Phone: 1-877-704-4453 or 1-201-389-0920

Webcast: https://callme.viavid.com/viavid/?callme=true&passcode=13757021&h=true&info=company&r=true&B=6

Accompanying slide presentation www.TerraInnovatum.com

Telephonic Replay

A telephonic replay will be available from 12:00 p.m. Eastern Time on the day of the call through Thursday, April 30, 2026 at 11:59 p.m. Eastern Time.

To access the replay, dial 1-844-512-2921 or 1-412-317-6671 and enter replay code 13759041. A webcast replay will also be available in the Investor Relations section of the Company's website.

ABOUT TERRA INNOVATUM & SOLO™

Terra Innovatum's mission is to make nuclear power accessible. We deliver simple and safe micro-reactor solutions that are scalable, affordable and deployable anywhere 1 MWe at a time.

Terra Innovatum is a pioneering force in the energy sector, dedicated to delivering innovative and sustainable power solutions. Terra Innovatum plans to leverage cutting-edge nuclear technology through the SOLO™ Micro-Modular Reactor (SMR™) to provide efficient, safe, and environmentally conscious energy. With a mission to address global energy shortages, Terra Innovatum combines extensive expertise in nuclear industry design, manufacturing, and installation licensing to offer disruptive energy solutions. Committed to propelling technological advancements, Terra Innovatum and SOLO™ are dedicated to fostering prosperity and sustainability for humankind.

It is anticipated that SOLO™ will be available globally within the next three years. Conceptualized in 2018 and engineered over six years by experts in nuclear safety, licensing, innovation, and R&D, SOLO™ addresses pressing global energy demands with a market-ready solution. Built from readily available commercial off-the-shelf components, the proven licensing path for SOLO™ enables rapid deployment and minimizes supply chain risks, ensuring final cost predictability. Designed to adapt with evolving fuel options, SOLO™ supports both LEU+ and HALEU, offering a platform ready to transition to future fuel supplies.

SOLO™ will offer a wide range of versatile applications, providing CO2-free, behind-the-meter, and off-grid power solutions for data centers, mini-grids serving remote towns and villages, and large-scale industrial operations in hard-to-abate sectors like cement production, oil and gas, steel manufacturing, and mining. It also has the ability to supply heat for industrial applications and other specialized processes, including water treatment, desalination and co-generation. Thanks to its modular design, SOLO™ can easily scale to deliver up to 1GW or more of CO2-free power with a minimal footprint, making it an ideal solution for rapidly replacing fossil fuel-based thermal plants. Beyond electricity and heat generation, SOLO™ can also contribute to critical applications in the medical sector by producing radioisotopes essential for oncology research and cancer treatment.

To learn more, visit: https://investors.terrainnovatum.com/. Follow us on X: https://x.com/TerraInnovatum and LinkedIn: https://www.linkedin.com/company/terra-innovatum-solo/.

FORWARD LOOKING STATEMENTS

This press release includes "forward-looking statements" within the meaning of the federal securities laws, including, but not limited to, opinions and projections prepared by Terra Innovatum's management. Forward-looking statements generally relate to future events or future financial or operating performance, including pro forma and estimated financial information, and other "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). The recipient can identify forward-looking statements because they typically contain words such as "outlook," "believes," "expects," " will," "projected," "continue," "increase," "may," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negatives or variations of these words or other comparable words and/or similar expressions (but the absence of these words and/or similar expressions does not mean that a statement is not forward-looking). These forward-looking statements specifically include, but are not limited to, statements regarding estimates and forecasts of financial and performance metrics, projections of market opportunity and market share, expected timing for regulatory approvals and commercialization and the potential success of Terra Innovatum's strategy and expectations. Forward-looking statements, opinions and projections are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of Terra Innovatum's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Terra Innovatum's control. These uncertainties and risks may be known or unknown. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the proposed business combination; risks relating to the uncertainty of the projected financial information with respect to Terra Innovatum; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; Terra Innovatum's ability to manage future growth; Terra Innovatum's ability to develop new products and services, bring them to market in a timely manner, and make enhancements to its platform; the effects of competition on Terra Innovatum's future business; and the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries and other risks and uncertainties described under the heading "Risk Factors" in documents Terra Innovatum files from time to time with the Securities and Exchange Commission. If any of these risks materialize or the Terra Innovatum's assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements contained herein. In addition, forward-looking statements reflect Terra Innovatum's expectations and views as of the date of this presentation. Terra Innovatum anticipates that subsequent events and developments will cause its assessments to change. However, while Terra Innovatum may elect to update these forward-looking statements in the future, each of them specifically disclaims any obligation to do so. Accordingly, you should not place undue reliance on the forward-looking statements, which speak only as of the date they are made.

CONTACTS TERRA INNOVATUM

Giordano Morichi

Founding Partner, Chief Business Development Officer & Investor Relations

Terra Innovatum Global N.V.

E: g.morichi@terrainnovatum.com

W: www.terrainnovatum.com

Simon Willcocks

Investor Relations

Alliance Advisors IR

E: investors@terrainnovatum.com

Fatema Bhabrawala

Media Relations

Alliance Advisors IR

E: TerraIR@allianceadvisors.com

Terra Innovatum to Host Strategic Business Update as It Completes Year-End Reporting Process