The U.S. Department of Energy (DOE) and Kairos Power have signed a Technology Investment Agreement to implement an Advanced Reactor Demonstration Program (ARDP) risk reduction award, for which the company was selected in Dec. 2020, to support the design, construction, and commissioning of the Hermes demonstration reactor in Oak Ridge, Tenn.
Kairos Power has successfully completed 1,000 hours of pumped salt operations with its non-nuclear Engineering Testing Unit (ETU) at the company’s testing and manufacturing facility in Albuquerque, N.M.
The U.S. Nuclear Regulatory Commission (NRC) has voted to issue a construction permit to Kairos Power for the Hermes demonstration reactor to be built at the Heritage Center Industrial Park in Oak Ridge, Tennessee.
Kairos Power has been named on Cleantech Group’s 2023 Global Cleantech 100, an annual list of the most innovative and promising companies that will take us from commitments to actions in our efforts to reach net-zero.