Kairos Power secures $100M from Samsung C&T to build a 50-megawatt nuclear reactor for Google, marking a major step in commercial nuclear power…
Kairos Power has secured up to $100 million from Samsung C&T to help construct its first 50-megawatt nuclear power plant. The facility is being built to supply electricity to Google as part of the tech giant’s growing push for reliable nuclear energy to power data centers.
- ▪Kairos Power and Samsung C&T signed a deal for the financial backing and construction support
- ▪The reactor will generate 50 megawatts of power, marking Kairos Power’s first commercial plant
- ▪Google will be the primary customer once the facility becomes operational
- ▪The partnership combines Kairos Power’s advanced reactor technology with Samsung C&T’s construction expertise
- ▪Samsung’s investment underscores growing corporate interest in small modular reactor (SMR) technology
- ▪The deal reflects a broader trend of tech companies seeking nuclear power to meet AI and data center energy demands
- ▪No timeline for completion was specified in the announcement
Source: according to media reports
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