Kairos Power
Develops fluoride salt-cooled high-temperature nuclear reactors for clean power.
Updated April 2026
Overview
- Website
- kairospower.com
- Founded
- 2016
- Headquarters
- Alameda, CA
- Segment
- Power Generation
Product overview
Kairos Power develops, constructs, and operates KP-FHR advanced nuclear reactors to provide reliable 24/7 carbon-free energy, targeting hyperscale data centers like Google's., Google is a key customer via a Master Plant Development Agreement for 500 MW by 2035, with first deployment in 2030 powering data centers in Tennessee and Alabama. What distinguishes them is their vertical integration, rapid iterative development, and use of molten salt cooling with TRISO fuel for enhanced safety and cost-competitiveness against natural gas.
Revenue model
Sells electricity, ancillary services, and environmental attributes to customers like Google under Power Purchase Agreements (PPAs); e.g., Master Plant Development Agreement for 500 MW fleet and TVA PPA for Hermes 2 (50 MW) at market-based, time-of-day fixed prices (specific $/kW not public).
Moat
Kairos Power's key competitive moat is its advanced regulatory progress and vertical integration in developing the fluoride salt-cooled high-temperature reactor (KP-FHR), exemplified by being the first non-water-cooled reactor to secure an NRC construction permit for Hermes 1 and 2 demonstration plants, combined with in-house manufacturing of components, fuel, and molten salt coolant across U.S. facilities to control costs and supply chain. This is bolstered by exclusive strategic partnerships like the KP-OMADA utility alliance and Google's commitment for up to 500 MW deployments by 2035, creating high barriers via licensing expertise, proprietary technology iteration from thousands of test hours, and first-mover scale-up toward 2030 commercialization.