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December 17, 2020
Kairos Power awarded U.S. DOE ARDP award for Risk Reduction for Hermes Test Reactor
The U.S. Department of Energy (DOE) has announced that Kairos Power is a recipient of an Advanced Reactor Demonstration Program (ARDP) award for Risk Reduction funding. The total award value over the next seven years is $629 million (DOE share is $303 million). This funding will support the development of Kairos Power’s Hermes test reactor. Kairos Power is partnering with the Electric Power Research Institute (EPRI), Oak Ridge National Laboratory (ORNL), Idaho National Laboratory (INL), an…
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December 11, 2020
Kairos Power Selects East Tennessee Technology Park Site for Fluoride Salt-Cooled High-Temperature Test Reactor
Kairos Power announced today at the 2020 East Tennessee Economic Council (ETEC) Annual Meeting and Awards Celebration its plans to deploy a test reactor at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee, pending completion of due diligence and the results of discussions with state and local officials.
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May 21, 2020
Kairos Power and Materion Partner to Develop and Supply Materials for Advanced Reactor Technology
Kairos Power and Materion Corporation (NYSE: MTRN) have announced the formation of a strategic collaboration to develop a reliable and cost-effective supply of salt coolant for high-temperature molten salt reactors.
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May 15, 2020
Advanced Nuclear Reactor Designs to Get Digital Twins
Nine projects will get $27 million in federal funding to develop digital twin technology for promising advanced nuclear reactor designs—including Kairos Power. Argonne National Laboratory will get $2.2 million to slash the reactor design’s O&M costs through advanced sensing and automation. The University of Michigan, meanwhile, will get $5.2 million to develop a scalable digital twin that will be first validated on a molten salt loop operating on campus and then applied to Kairos’s reactor d…
