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L3Harris Recognized for Innovative Molten Salt Reactor Simulator

• Receives 2021 Organization of Canadian Nuclear Industries’ Innovation Award
• Delivered first-of-a-kind small modular reactor (SMR) simulator to Terrestrial Energy
• Provides Canadian technology that simulates innovative liquid nuclear fuel and molten salts

MONTREAL, Nov. 30, 2021 — L3Harris Technologies (NYSE:LHX) has been awarded the 2021 Innovation Award for a first-of-a-kind simulator by the Organization of Canadian Nuclear Industries (OCNI), the country’s leading nuclear supply chain trade association.

L3Harris delivered the innovative simulator to Terrestrial Energy to support its Generation IV Integral Molten Salt Reactor (IMSR) power plant in Canada. L3Harris’ engineers pushed technology boundaries to create the real-time simulation of the IMSR power plant, which features L3Harris’ foundational Orchid® technology.

“We are delighted to see another Canadian innovator and global leader in their field recognized by OCNI,” said Simon Irish, CEO of Terrestrial Energy. “L3Harris’ innovative work supports the commercialization of our Generation IV IMSR nuclear power plant, an SMR that generates electric power 50% more efficiently than today’s reactor technology for clean, resilient, cost-competitive nuclear power.”

Unlike conventional nuclear power plants that use solid nuclear fuels and water, the IMSR power plant simulator models liquid nuclear fuel and molten salts that move through the reactor. The simulator demonstrates the IMSR power plant’s potential as a clean energy source and cost-competitive alternative to fossil fuel combustion.

“It is an honor that OCNI has recognized the innovative work that has gone into developing a simulator for technology that is positioned to play a lead role in fighting climate change, both in Canada and internationally,” said Rangesh Kasturi, President, Maritime International, L3Harris. “We value the trust Terrestrial Energy has placed with us to deliver on this exciting project.”

L3Harris’ Montreal operations have nearly five decades of global experience simulating nuclear power plants. The company provided the first simulators for Canadian CANDU power plants and is now providing the first simulators for Canada’s IMSR power plants.