GoKawiilSamsung 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.