Bellevue, WA – According to filings with the U.S. Securities and Exchange Commission, TerraPower is raising $750,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Chris Levesque played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About TerraPower
TerraPower is a nuclear energy technology company based in beautiful Bellevue, Washington. We work to raise global living standards by creating new forms of energy. TerraPower aspires to develop scalable, sustainable, low-carbon and cost-competitive energy sources that will allow all nations to quicken their pace of economic development and reduce poverty. This mission-driven innovation distinguishes our efforts from other endeavors. Since 2008, TerraPower has been bringing together the strengths and experiences of the worlds public- and private nuclear energy sectors. With deep technical knowledge and commercial experience, our centerpiece technology is an advanced nuclear technology called the traveling wave reactor (TWR). TerraPowers unique approach greatly simplifies the nuclear energy supply chain and significantly mitigates many shortcomings of todays standard nuclear energy technologies.

To learn more about TerraPower, visit http://www.terrapower.com/

Contact:
Chris Levesque, President and Chief Executive Officer
425-324-2888
clevesque@terrapower.com

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