Kairos Power Joins with Bruce Power, Constellation, Southern Company and TVA to Form Advanced Nuclear Development Consortium

FOR IMMEDIATE RELEASE KAIROS POWER JOINS WITH BRUCE POWER, CONSTELLATION, SOUTHERN COMPANY AND TVA TO FORM ADVANCED NUCLEAR DEVELOPMENT CONSORTIUM ALAMEDA, Calif. – April 20, 2022 – Kairos Power has assembled leading North American utilities and generating companies to launch an advanced nuclear development consortium named Kairos Power Operations, Manufacturing and Development Alliance (Kairos Power-OMADA) to advance the development of the company’s advanced fluoride salt-cooled high-temperature reactor (KP-FHR) technology. Current member corporations include: Bruce Power, Canada’s only private sector nuclear generator, producing 30% of Ontario’s power and employing more than 4,000 people. Constellation, the nation’s leading provider of carbon-free energy. Headquartered in Baltimore, Md., its generation fleet powers more than 20 million homes and businesses. Southern Company, a leading U.S. energy company serving 9 million customers through its subsidiaries with headquarters in Atlanta, Ga. Tennessee Valley Authority (TVA), the largest federally owned utility corporation in the U.S., providing electricity for 153 local power companies serving 10 million people in Tennessee and six surrounding states. The purpose of KP-OMADA is to bring together best-in-class nuclear owners and operators to advise on the development of KP-FHR technology, licensing, manufacturing, construction, and commercialization. By collaborating, the alliance will pool knowledge regarding the siting and...

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