Kairos Power lands $100 million investment from Samsung C&T
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Kairos Power lands $100 million investment from Samsung C&T
South Korea-based Samsung C&T Engineering & Construction Group (Samsung C&T) made a strategic investment of up to $100 million in Kairos Power, the companies said this week. According to Kairos Monday press release, the $100 million will be made up of a “direct investment and in-kind engineering services,” which will be subject to regulatory approvals, for Kairos’ Hermes 2 Demonstration Plant in Oak Ridge, Tenn. The two companies also agreed to …
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