Kairos Power and Samsung C&T Agree to Pursue Strategic Investment and Collaboration for KP-FHR Deplo

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Kairos Power and Samsung C&T Agree to Pursue Strategic Investment and Collaboration for KP-FHR Deployment

https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment

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Kairos Power and Samsung C&T Agree to Pursue Strategic Investment and Collaboration for KP-FHR Deployment | Kairos Power

Samsung C&T agreed to provide up to 100 million dollars in direct investment and engineering services to Kairos Power. The funding supports the Hermes 2 demonstration plant in Oak Ridge, Tennessee. Additionally, Samsung joined the integrated engineering, procurement, and construction team for future reactor deployments.

The partnership combines Kairos Power's fluoride salt-cooled reactor technology with Samsung's global construction experience. The collaboration aims to improve cost and schedule certainty for commercial deployment. The 50 megawatt Hermes 2 project will test the design before broader market introduction.

Collaboration combines Kairos Power's advanced reactor technology and manufacturing capabilities with Samsung C&T's global engineering, construction, project delivery, and financing experience.

ALAMEDA, Calif. — September 21, 2026 — Kairos Power and Samsung C&T Engineering & Construction Group ("Samsung C&T") today announced the signing of a binding term sheet for Samsung C&T to make a strategic investment in Kairos Power and for the companies to collaborate on the commercial deployment of Kairos Power's fluoride salt-cooled, high-temperature reactor technology (KP-FHR) to address rising global energy demand.

Read the full article at kairospower.com:
https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment