Kairos Power has picked engineering firm Samsung C&T to help build its 50 megawatt demonstration reactor for Google, which the nuclear startup is aiming to have completed by 2030.
As part of the deal, Samsung C&T will make an equity investment in Kairos and provide “in-kind” engineering services, the combination of which is worth up to $100 million, Kairos Power said Monday. The equity investment will make up $70 million of the total, a Kairos spokesperson told TechCrunch.
Originally reported by TechCrunch. Read the full story at the original source.
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