Terra Innovatum Global N.V. has appointed Joanna Lohkamp, Chief Executive Officer of Smart Wires, to its Board of Directors effective July 1, 2026. The appointment strengthens the company's governance structure as it advances Nuclear Regulatory Commission (NRC) licensing and the first deployment of its SOLO micro-modular reactor. Lohkamp brings more than 30 years of global operating and board leadership experience across technology, manufacturing, and infrastructure-oriented businesses.

Lohkamp has served as Chief Executive Officer of Smart Wires since 2023, after joining the company’s Board of Directors in 2021. Prior to joining Smart Wires, she held senior executive roles including Managing Partner and Chief Financial & Operating Officer at NBBJ, and President and Chief Operating Officer at Isonics Semiconductor. She also held leadership positions at Intel Corporation spanning finance, operations, manufacturing, leadership development, and mergers and acquisitions.

In addition to her executive leadership experience, Lohkamp brings extensive public- and private-company board experience. She has served on audit and risk, compensation, and nominating and governance committees. She is also a co-founder of the Better Boards Initiative, a nonprofit dedicated to advancing effective and diverse board practices.

Alessandro Petruzzi, Chief Executive Officer of Terra Innovatum, stated that Lohkamp brings a rare combination of board governance expertise and hands-on operating leadership. He noted her experience in grid-enhancing technologies, manufacturing scale-up, finance, and board oversight will be highly valuable as the company advances its distributed clean energy platform.

Lohkamp is a National Association of Corporate Directors (NACD) Board Leadership Fellow and holds the NACD Directorship Certification. She holds an MBA from the UC Berkeley Haas School of Business and a B.A. in International Relations from Stanford University. Her appointment reflects Terra Innovatum’s continued focus on enhancing leadership and governance as it progresses toward the commercialization of its SOLO micro-modular nuclear reactor.

Terra Innovatum Global N.V. is targeting a ~25% increase in electrical output per reactor through a new collaboration with Baker Hughes to integrate advanced power conversion technology. The initiative aims to optimize the SOLO™ Micro Modular Reactor (MMR) platform, potentially raising net electrical output from ~1 MWe to as much as ~1.25 MWe. This enhancement is designed to reduce the number of units required for multi-megawatt installations, such as achieving 5 MWe with four reactors instead of five, thereby improving cost efficiency for industrial and distributed energy markets.

The collaboration involves the integration of supercritical CO₂ (sCO₂) power conversion technology provided by Baker Hughes. Under a recently signed Memorandum of Understanding, the two companies will work together to accelerate Terra Innovatum's reactor configuration optimization. The sCO₂ systems are expected to support higher cycle efficiency, a smaller physical footprint, and simplified balance-of-plant requirements for future reactor configurations.

Terra Innovatum remains the sole architect and integrator of the overall SOLO™ reactor platform, retaining responsibility for system design, safety, licensing, and deployment. The company is evaluating multiple turbomachinery technologies, including simplified and complex sCO₂ cycles as well as steam cycle alternatives. This analysis will determine optimal power conversion solutions based on project size, customer requirements, and performance criteria across small-, medium-, and large-scale installations.

Key Initiative Highlights

The initiative supports Terra Innovatum's planning for near-term market introduction by advancing configuration decisions. The company will consider the potential use of sCO₂ technology for compact installations, steam cycle equipment for large-scale deployments, and hybrid architectures for specialized applications.