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About Kairos Power
Industries
Energy
Company Size
201-500
Company Stage
Grant
Total Funding
$19.5K
Headquarters
Alameda, California
Founded
2016
Overview
Kairos Power focuses on providing clean and affordable energy solutions through advanced nuclear reactor technology. Their main product, the Kairos Power Fluoride Salt-Cooled High-Temperature Reactor (KP-FHR), is designed to be cost-competitive with natural gas while maintaining a near-zero carbon footprint and low water consumption. This technology is aimed at utility companies, government agencies, and private firms seeking sustainable energy options. Unlike many competitors, Kairos Power emphasizes the integrated design, licensing, and demonstration of their reactors to prove their safety and reliability. Their goal is to attract investments and partnerships to scale their technology and contribute to a cleaner energy future.
Simplify's Take
What believers are saying
- Growing demand for low-carbon energy boosts Kairos Power's market potential.
- Substantial funding from the U.S. Department of Energy supports next-gen nuclear reactor development.
- EU's green taxonomy inclusion opens new investment opportunities for nuclear technology companies.
What critics are saying
- Potential delays in Hermes 2 plant construction could affect financial projections.
- Technological and regulatory challenges may delay the Google partnership reactor deployment.
- Increased competition from other SMR developers could impact Kairos Power's market share.
What makes Kairos Power unique
- Kairos Power's KP-FHR reactor offers near-zero carbon emissions and low water consumption.
- The company focuses on advanced nuclear technology, setting it apart from traditional energy firms.
- Kairos Power's partnerships with tech giants like Google highlight its innovative approach.
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Funding
Total Funding
$19.5k
Above
Industry Average
Funded Over
1 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Company Match
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%In October 2024, Google signed a deal with Kairos Power - a nuclear power engineering company - to develop a small-scale nuclear reactor for its AI operations and bring the project online by 2030.
Have you heard that they think really big in the Lone Star state? In that vein, we took note of an announcement that the Texas AM University System has announced... The post Kairos Power one of four SMR developers invited to build on Texas AM site appeared first on Teknovation.biz.
Kairos Power, which started construction on the Hermes Low-Power Demonstration Reactor (Hermes 1) at the end of July 2024 in Oak Ridge, announced last week that the company has successfully... The post Kairos Power completes second non-nuclear Engineering Test Unit appeared first on Teknovation.biz.
You've probably also heard about Alphabet partnering with Kairos Power to produce electricity for its artificial intelligence (AI) servers.
The U.S. Nuclear Regulatory Commission (NRC) has voted to issue construction permits to Kairos Power for the Hermes 2 Demonstration Plant to be built at the Heritage Center Industrial Park... The post Nuclear Regulatory Commission approves construction permits for Hermes 2 Demonstration Plant appeared first on Teknovation.biz.
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About Kairos Power
Industries
Energy
Company Size
201-500
Company Stage
Grant
Total Funding
$19.5K
Headquarters
Alameda, California
Founded
2016
Kairos Power is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today