Kairos Power announced at the 2020 East Tennessee Economic Council Annual Meeting and Awards Celebration its plans to deploy a test reactor at the East Tennessee Technology Park in Oak Ridge, Tennessee, pending completion of due diligence and the results of discussions with state and local officials.
Part of the decision to locate in Oak Ridge was the available infrastructure at ETTP and its proximity to ORNL. A press release from Kairos said that the successful commissioning of the Hermes reactor builds on their current technology development programs and extensive engagement with the U.S. Nuclear Regulatory Commission. Ultimately, Hermes will prove that Kairos Power can deliver real systems at their cost targets to make advanced nuclear a competitive source of clean energy in the United States. Kairos Power has executed a Memorandum of Understanding with Heritage Center, LLC, to acquire the former K-33 gaseous diffusion plant site at ETTP, subject to ongoing due diligence evaluation
Kairos Power is a nuclear energy technology and engineering company whose mission is to enable the world’s transition to clean energy with the ultimate goal of dramatically improving people’s quality of life while protecting the environment. This goal will be accomplished through the commercialization of the Kairos Power fluoride salt-cooled, high-temperature reactor (KP-FHR) that can be deployed with robust safety and at affordable cost.