The U.S. Department of Energy (DOE) has announced the projects to be funded by its Advanced Reactor Demonstration Program (ARDP) award for Risk Reduction funding. Kairos Power LLC (Alameda, CA) was selected and will be awarded $629 million over seven years (DOE share is $303 million) and will receive $30 million in initial funding for FY20.
A recognition for the Hermes Reduced-Scale Test Reactor and Kairos's progress in developing its commercial-scale KP-FHR (Kairos Power Fluoride Salt-Cooled High Temperature Reactor): "a novel advanced nuclear reactor technology that leverages TRI-structural ISOtropic particle fuel (TRISO) fuel in pebble form combined with a low-pressure fluoride salt coolant."
