Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Kairos Power is a privately held nuclear technology, engineering, and manufacturing company founded in 2016. It is developing advanced fluoride salt-cooled, high-temperature reactors and uses vertically integrated manufacturing plus rapid, iterative hardware testing to reduce technical, licensing, supply-chain, construction, and cost risks.
Primary product
KP-FHR (Kairos Power Fluoride Salt-Cooled High-Temperature Reactor), including the Hermes demonstration reactors and planned commercial reactor plants.
Founded
2016
Headquarters
707 W Tower Avenue, Suite A, Alameda, California 94501, United States
Team size
500+ employees according to Kairos Power; third-party estimates range from approximately 424 to 574
Industry
Utilities and energy
Sub-industry
Advanced nuclear energy, nuclear reactor engineering, small modular reactors, and clean-energy infrastructure
Offices
Business model
Stage
Private growth-stage / commercialization-stage company
Latest round
U.S. Department of Energy Advanced Reactor Demonstration Program risk-reduction Technology Investment Agreement · Feb 2024
Latest amount
$303M
DOE Technology Investment Agreement implementing ARDP award
Feb 2024 · U.S. Department of Energy
Private growth equity financing
Dec 2023 · Khosla Ventures, Prelude Ventures, Breakthrough Energy Ventures, Lowercarbon Capital, Schooner Capital, and The Yucaipa Companies
DOE Advanced Reactor Demonstration Program selection / risk-reduction award
Dec 2020 · U.S. Department of Energy
Public-private partnership / PPP debt
Apr 2020 · U.S. Department of Energy or related public-sector program, according to PitchBook data
Government grants and economic-development awards
U.S. Department of Energy and New Mexico Economic Development Department
Leadership
Chief Executive Officer and Co-Founder
Chief Technology Officer and Co-Founder
Co-Founder; formerly Chief Nuclear Officer, currently Senior Advisor according to LinkedIn data
Peter Hastings
Vice President, Regulatory Affairs and Quality
Linda Schenk
Vice President, Financial Operations
Craig Gerardi
Vice President, Manufacturing
Micah Hackett
Vice President, Fuels and Materials
Alan Kruizenga
Vice President, Salt
Ravi Singaraju
Vice President, Engineering Design and Integration
Esther Klisura
Senior Director and Head of Legal
Jaclyn Rodriguez
Senior Director, Talent and Organizational Development
Kairos emphasizes a mission-driven, technically rigorous, inclusive, and hands-on culture. Its careers materials describe a diverse workforce, open participation in technical decisions, leadership and technical mentoring, and a 'learn by building' approach. The company highlights rapid iteration, vertical integration, safety, cost certainty, and practical execution.
Compensation
Kairos describes roles as high-paying and highly skilled but does not publish a comprehensive company-wide compensation framework. Third-party workforce data estimates average global compensation at approximately $124,825, but this is not Kairos-confirmed and likely varies materially by role and location.
Benefits
Pricing
No public reactor pricing or standard commercial tariff is available. The expected model is negotiated, project-specific power purchase agreements for electricity, ancillary services, and environmental attributes.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$100 million-$500 million annually; third-party estimates include approximately $214.4 million from Growjo and $102.1 million from RocketReach. These figures are not company-reported.
Estimated monthly visits
11.8K
Traffic estimate as of Jun 2026
The NRC issued construction permits for the two-unit Hermes 2 test reactor facility. The permits are a major positive regulatory milestone, but the project still requires successful construction, commissioning, and an operating license before electricity generation.
SourceSafety-related nuclear construction began on the Hermes demonstration reactor in Oak Ridge. The project remains a first-of-a-kind nuclear construction and commercialization effort with significant schedule, regulatory, technical, and capital-execution risk.
SourceDOE support of up to $303 million is performance-based and tied to project milestones rather than unrestricted corporate funding. This creates milestone execution and funding-dependency risk if project targets are delayed or not achieved.
SourceCNBC · Aug 2025
Google, Kairos Power, and TVA announced a plan for Hermes 2 to supply up to 50 MW to the TVA grid by 2030. The project is expected to support Google data centers and represents the first U.S. utility power purchase agreement for an advanced reactor.
Google · Aug 2025
Google described the three-party arrangement with Kairos Power and TVA, including the planned 50 MW Hermes 2 deployment and the broader agreement for up to 500 MW of advanced nuclear capacity by 2035.
World Nuclear News · May 2025
Safety-related nuclear construction began at Kairos Power’s Hermes demonstration reactor site in Oak Ridge, Tennessee. The project is supported by DOE ARDP funding and is intended to validate the KP-FHR technology.
E&E News by POLITICO · Nov 2024
The NRC issued construction permits for Kairos Power’s Hermes 2 demonstration plant, a significant U.S. advanced-nuclear regulatory milestone.
Reuters · Sep 2024
Reuters examined Kairos Power’s iterative development and vertical-integration strategy. The article reported that DOE’s agreement could provide up to $303 million through performance-based milestones and that Kairos committed at least $100 million to Hermes construction and operation.
25 jobs at Kairos Power