Controlled Thermal Resources Holdings Inc.( CTR) and Plum Acquisition Corp. IV have entered into a definitive business combination agreement that will take CTR public in the United States. Upon closing, the combined entity will operate as Controlled Thermal Resources and is expected to list on Nasdaq under the ticker CTRH. CTR is advancing its flagship Hell’ s Kitchen Project in California’ s Imperial Valley, a major geothermal energy and critical minerals development. Through its subsidiaries, American Data Power and American Critical Resources, the company is executing a phased buildout targeting up to 650 MW of renewable baseload power and approximately 100,000 metric tons per year of lithium carbonate at full

scale. Additional critical minerals include potash, zinc, manganese, rubidium, and cesium. CTR has raised over USD 285M in private capital and completed a Field Development Plan and feasibility study with Baker Hughes. It has also demonstrated direct lithium extraction using geothermal brine at pilot scale, with further processing work supported by Aquatech. Aligned with Imperial County’ s Lithium Valley plan, the project has secured key permits and a FAST-41 designation to streamline federal approvals. The transaction is expected to accelerate development, including Stage 1 construction featuring a 50 MW facility and initial lithium production capacity of up to 25,000 metric tons annually.

Deep Fission, Inc.( Deep Fission), an advanced nuclear energy company developing small modular pressurized water reactors installed one mile underground, has begun drilling its first data acquisition well in Parsons, Kansas. The well will be drilled to a depth of approximately 6,000 feet and will have a diameter of roughly eight inches. It is the first of three planned wells and represents the initial phase of site characterization and engineering validation. Deep Fission has also completed construction of the drilling pad at the Parsons site, preparing the location for safe and efficient drilling operations. Pad completion marks another key infrastructure milestone as the Company advances from planning and engineering into active field development. The data acquisition well will enable the Company to gather

critical geological, hydrological, and thermal data to inform final engineering design, safety analysis, and regulatory planning. The drilling campaign and subsequent testing program will support a series of technical evaluations aimed at accelerating the Company’ s pathway to commercial deployment. Deep Fission’ s proprietary approach integrates proven pressurized water reactor( PWR) technology with advanced drilling methods developed in the oil and gas industry and geothermal heat-transfer techniques. Each Gravity Reactor is designed to be installed deep underground in a sealed borehole, leveraging stable bedrock for natural shielding and containment. The three-well drilling program is expected to provide the subsurface data necessary to advance reactor demonstration and future commercialization efforts.

Bodycote has plans to open a new facility in Apodaca, in the Monterrey metropolitan area, expanding its capacity to support customers across Mexico and the southern United States. The expansion will help customers reduce logistics complexity, strengthen supplychain resilience, and support near-shoring strategies, while maintaining access to Bodycote’ s global technical expertise and consistent quality standards. The new site will complement Bodycote’ s existing operations in Mexico, which include locations in Silao, San Luis Potosí, and Guaymas, strengthening the company’ s regional network and providing customers with greater flexibility and choice. The site will offer a range

of precision heat treatment capabilities, including case hardening and nitriding technologies such as carburising, carbonitriding, and nitrocarburising processes. These treatments enhance surface hardness, wear resistance, and fatigue performance while maintaining core strength in critical automotive and industrial components. Operations will use modern, high-efficiency technologies and standardised operating practices to deliver consistent process quality, improved operating efficiency, and optimised energy performance. The facility is expected to begin operations later in 2026, with capacity ramping in phases

as customer demand grows. Bodycote is engaging with customers early to support

future capacity planning and qualification activities, with site tours planned for Q2 2026.