Samsung C&T invests in Kairos Power and joins Hermes 2 reactor engineering and construction team

Type: Investment · Technology: Nuclear, Other · Country: United States · Capacity: 50 MW · Value: $100M · Announced: 2024-10-15

Samsung C&T (Samsung Construction & Trading Corporation) will invest up to $100 million and provide engineering and construction services as part of Kairos Power's development of the 50 MW Hermes 2 nuclear demonstration reactor in Oak Ridge, Tennessee, targeting operations by 2030.

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