Kairos Power and TVA to Collaborate on Low-Power Demonstration Reactor

    FOR IMMEDIATE RELEASE TVA CONTACT: Malinda Hunter Media Relations mhunter@tva.gov www.tva.com/newsroom KAIROS POWER CONTACT: Cindy Chan Corporate Communications media@kairospower.com https://kairospower.com/media KAIROS POWER AND TVA TO COLLABORATE ON LOW-POWER DEMONSTRATION REACTOR OAK RIDGE, Tenn. – May 6, 2021 – Kairos Power and the Tennessee Valley Authority (TVA) have announced plans to collaborate on deploying a low-power demonstration reactor at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tennessee. As part of this agreement, TVA will provide engineering, operations, and licensing support to help Kairos Power deploy its low-power demonstration reactor, named Hermes. “Teamwork is the hallmark of the nuclear industry, and through this partnership with Kairos Power we can share TVA’s safety and innovation insights to advance nuclear technology while gaining experience with licensing for advanced reactors,” said TVA President and CEO Jeff Lyash. “Nuclear power is the key to fueling our economy with reliable, affordable, and clean electricity, and it is critical to our national security.” TVA generates more than 40% of its electricity from nuclear power, and is recognized as a national leader in nuclear power with the third largest nuclear fleet in the U.S. “We look forward to collaborating with TVA, and drawing upon the...

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