Kairos Power gets up to $100M from Samsung group to build nuclear reactor for Google

Kairos Power has picked Samsung C&T to help build its 50 MW demonstration reactor for Google. Samsung C&T will invest $70 million in the startup and provide in-kind engineering services, bringing the total deal value to up to $100 million. The Hermes 2 reactor is expected to start operating in 2030.

• Samsung C&T will invest $70 million in Kairos Power plus engineering services
• The total value of the deal is up to $100 million
• The 50 MW Hermes 2 demonstration reactor is targeted for 2030
• The reactor uses TRISO fuel and fluoride salt cooling