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Terrestrial Energy and Texas A&M reach agreement on reactor siting
Terrestrial Energy has signed ground lease and research agreements with the Texas A&M University System (TAMUS) to exclusively use about 77 acres of land at the Texas A&M–RELLIS campus, in Bryan, Texas, for development of the company’s Integral Molten Salt Reactor (IMSR). The agreements give Terrestrial Energy control of the site and provide support for completion of site characterization work, environmental evaluations, and testing and research activities related to the IMSR.
Jeffrey Olson is the Vice President of Business Development & Finance for Kairos Power, and has over 10 years of experience managing strategic growth initiatives for energy technology companies to develop, scale and manage their businesses. Prior to his direct engagement in the early stage energy sector, Mr. Olson spent the first half of his career in management consulting advising Fortune 500 companies on business growth and systems development.
Prior to joining Kairos Power, Mr. Olson led strategic partnership development and commercial operations at the artificial intelligence energy storage provider, Stem, Inc., as the company’s Vice President of Partner Operations. Mr. Olson joined Stem from the fuel cell sector in his roles in corporate finance and international business development with Bloom Energy. Mr. Olson also served as an executive with Accenture’s Strategy Group where he was a founding member of Accenture’s Global Sustainability Practice.
Mr. Olson graduated from the University of California, Berkeley with an MBA and a Certificate in Engineering & Business for Sustainability. He received his B.A. in Economics from St. Olaf College.
Last modified July 26, 2024, 11:40am EDT
