Kairos Power Begins Construction on Hermes Low-Power Demonstration Reactor

FOR IMMEDIATE RELEASE KAIROS POWER BEGINS CONSTRUCTION ON HERMES LOW-POWER DEMONSTRATION REACTOR   OAK RIDGE, TENN. – July 30, 2024 – Kairos Power has started construction on the Hermes Low-Power Demonstration Reactor, the first and only Gen IV reactor to be approved for construction by the U.S. Nuclear Regulatory Commission and the first non-light-water reactor to be permitted in the U.S. in over 50 years. Hermes represents a critical milestone on Kairos Power’s iterative path to commercializing advanced reactor technology. Kairos Power has contracted with Barnard Construction Company, Inc. (Barnard), a heavy-civil construction company, to perform site work and excavation at the Hermes site in Oak Ridge, which began earlier this month. In tandem with Hermes, Barnard and Kairos Power have also started collaborating to build the third Engineering Test Unit (ETU 3.0)—a non-nuclear demonstration co-located in Oak Ridge that will generate supply chain, construction, and operational experience to inform the Hermes project. This iterative approach will allow lessons learned from ETU 3.0 civil construction to transfer seamlessly to the Hermes facility. Both Hermes and ETU 3.0 will be built using modular construction techniques piloted at Kairos Power’s testing and manufacturing campus in Albuquerque, N.M. Reactor modules will be fabricated in Albuquerque and shipped to...

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