Kairos Power, an Alameda, Calif.–based advanced reactor developer, announced yesterday that it has been named to Cleantech Group’s list of the 100 most innovative and promising private companies in the cleantech sector for 2023. Cleantech Group is a research and consulting services firm headquartered in San Francisco.

Kairos Power has signed an agreement to produce TRISO fuel pebbles for the Hermes demonstration reactor at Los Alamos National Laboratory's Low Enriched Fuel Fabrication Facility (LEFFF) in New Mexico. Hermes is being deployed in Oak Ridge, Tennessee. The agreement was announced last week.

Kairos Power needs a source of high-purity fluoride salt to test its molten salt reactor design and ultimately to serve as the coolant in its grid-scale fluoride salt–cooled, high-temperature reactor (KP-FHR). As part of a cooperative development agreement with Materion Corporation, Kairos Power designed a molten salt purification plant (MSPP) that has just been commissioned at Materion’s campus in Elmore, Ohio.

Kairos Power announced today that it has assembled an advanced nuclear development advisory consortium with four North American nuclear operators—Bruce Power, Constellation, Southern Company, and the Tennessee Valley Authority—dubbed Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA).

The Nuclear Regulatory Commission recently issued a draft safety evaluation report indicating initial acceptance of Kairos Power’s source term methodology for its fluoride salt–cooled high-temperature reactor (KP-FHR).

The Tennessee Valley Authority and nuclear technology and engineering company Kairos Power this morning announced plans to collaborate on the deployment of the latter’s low-power demonstration reactor, dubbed Hermes, at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tenn. TVA will provide engineering, operations, and licensing support to help Kairos with deployment, according to the announcement.

An aerial view of the ETTP site. Photo: Heritage Center, LLC

Kairos Power plans to site a test reactor it has dubbed Hermes at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tenn. The company has executed a Memorandum of Understanding with Heritage Center, LLC, to acquire the former K-33 gaseous diffusion plant site at ETTP, subject to ongoing due diligence evaluations. The announcement was made today, during the 2020 East Tennessee Economic Council Annual Meeting and Awards Celebration.

“We are thrilled at the prospect of coming to East Tennessee,” said Michael Laufer, cofounder and chief executive officer of Kairos Power. “The infrastructure available at ETTP, combined with its proximity to key collaborators at the Oak Ridge National Laboratory, makes this a great location to demonstrate our technology. The successful commissioning of Hermes builds on our current technology development programs and extensive engagement with the U.S. Nuclear Regulatory Commission. Ultimately, Hermes will prove that Kairos Power can deliver real systems at our cost targets to make advanced nuclear a competitive source of clean energy in the United States.”

Lou Martinez, vice president of strategy and innovation, added, “Today is an important day for Kairos Power. We are celebrating our 4th anniversary by showcasing an important milestone.”