Terrestrial Energy has been quietly advancing its Integral Molten Salt Reactor (IMSR) technology, aiming for commercial deployment by the early 2030s. The IMSR, a Generation IV reactor, utilizes low-enriched uranium in a molten fluoride salt system, offering higher thermal efficiency and lower nuclear waste production. The company has achieved key milestones such as signing manufacturing contracts, receiving DOE awards, and making regulatory progress in the USA and Canada. By relocating its headquarters to Charlotte, North Carolina, and joining the Texas Nuclear Alliance, Terrestrial Energy is strategically positioning itself for growth and market expansion. The company's partnership with various firms for plant siting, engineering, and integration into industrial systems, as well as its exploration of hydrogen production applications, showcases its diverse business strategy. CEO Simon Irish's insights into commercialization, regulatory pathways, and future milestones highlight Terrestrial Energy's commitment to advancing its molten salt technology to meet energy demands.