Terrestrial Energy, an Oakville, Ont.-based nuclear technology company that specializes in delivering emission-free nuclear energy, announced this week that it is investing $18 million to expand its operations into Alberta by establishing an engineering, research and development office in Calgary. The company intends to create 29 jobs over the next two years.
Founded in 2013, the firm is engaged with organizations throughout North America, the U.K. and other regions to deploy its zero-carbon energy technology, which is also designed to generate high-efficiency, grid-based power. The company’s new office in Calgary will help accelerate these goals, it said.
