Kairos Power is advancing its next-generation nuclear technology, recently securing a construction permit for its Hermes 2 reactor, which will be the first electricity-producing next-gen nuclear plant approved in the US. The company is also collaborating with Google to develop up to 500 megawatts of power plants by 2035, with the first expected by 2030. Additionally, Kairos is establishing a salt production facility in New Mexico to supply the specialized molten salt needed for its reactors, enhancing its control over the supply chain.
