Leaders in Tennessee and officials from Kairos Power announced last week that a privately funded project to establish a low-power demonstration reactor at the East Tennessee Technology Park in Oak Ridge is moving forward.
Alameda, California-based Kairos Power plans to invest $100 million and create 55 jobs to deploy its demonstration reactor, called Hermes. The Hermes reactor is a scaled version of the company’s fluoride salt-cooled high-temperature reactor (KP-FHR) design.
