Deep Fission Signs Binding 25-Year Master Energy Purchase Agreement for Planned Commercial Project

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Deep Fission Signs Binding 25-Year Master Energy Purchase Agreement for Planned Commercial Project

https://www.businesswire.com/news/home/20261020993450/en/Deep-Fission-Signs-Binding-25-Year-Master-Energy-Purchase-Agreement-for-Planned-Commercial-Project

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Deep Fission signed a 25-year energy purchase agreement with the Great Plains Development Authority for a planned commercial project in Kansas. The contract covers an initial 150-megawatt phase targeted for operation in September 2028, with potential expansion up to two gigawatts by 2031.

The project utilizes the company's proposed Gravity reactor design, which places a pressurized water reactor approximately one mile underground inside a borehole. This deployment method aims to use surrounding rock and water for pressure control and cooling, potentially reducing surface infrastructure requirements for advanced nuclear developers.

Deep Fission, Inc. (Nasdaq: FISN) today announced a Master Energy Purchase Agreement with the Great Plains Development Authority (GPDA), a quasi-municipal en...

Deep Fission Signs Binding 25-Year Master Energy Purchase Agreement for Planned Commercial Project

Agreement with Great Plains Development Authority covers an initial phase of up to 150 MW, targeted for September 2028 and up to 2GW by 2031

Management to host business update call today, October 20th, at 11:00 a.m. ET

Read the full article at businesswire.com:
https://www.businesswire.com/news/home/20261020993450/en/Deep-Fission-Signs-Binding-25-Year-Master-Energy-Purchase-Agreement-for-Planned-Commercial-Project