Samsung C&T invests up to $100M in Kairos Power's Google-backed reactor project
Kairos Power has partnered with Samsung C&T, which will provide equity funding and in-kind engineering services worth up to $100 million, including a $70 million equity stake, to help build a 50-megawatt demonstration nuclear reactor for Google. The reactor, called Hermes 2, is part of a larger 2024 agreement in which Kairos aims to supply Google with about half a gigawatt of nuclear power by 2035, with Hermes 2 targeted to start operating in 2030.
GoKawiil's interpretation of the reporting above, not reported fact.
The deal signals growing confidence from established industrial players in next-generation nuclear designs as tech giants scramble to secure reliable power for AI data centers. Samsung C&T's experience building a dozen reactors worldwide could help Kairos overcome the engineering and regulatory hurdles of commercializing an unproven fluoride salt-cooled reactor design.
- Samsung C&T will invest up to $100M, including $70M in equity, in Kairos Power
- The funding supports Hermes 2, a 50MW demonstration reactor tied to Google's 2024 nuclear power deal
- Hermes 2 uses novel fluoride salt cooling and TRISO fuel, aiming for 2030 operation
Source: techcrunch.com — Tim De Chant, 2026-09-21
Published there as: “Kairos Power gets up to $100M from Samsung group to build nuclear reactor for Google”
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