Company
Advanced nuclear reactor developer building fluoride salt-cooled, high-temperature reactors (KP-FHR), aiming to commercialize small modular reactor technology.
The Denver startup left stealth with $8 million and a factory-built supercritical CO2 block that sits at a simple-cycle turbine's exhaust. Its case to operators is that the turbine itself needs no permit work.
Reality
The Korean builder's engineering arm signs in New York on Sept. 23, taking a design review role on the Hermes demonstration reactor in Tennessee and priority rights to the commercial work that follows.
Reality
The Finnish utility says a Google power contract is what lets it keep committing money to running two 1970-vintage reactors to 2050. Most of the capital behind that plan has not yet been approved.
Reality
A Department of Energy design approval and two boreholes outside Parsons, Kansas, begin the test, but the cost line this design is meant to delete has never been quantified in public, and the demonstration is targeted for 2027.
Reality
The only small modular reactor design the NRC has ever certified now says the binding constraint is paperwork. The remedy it has bought is a nuclear-trained retrieval tool measured once, in a proof of concept, at 80% faster.
Reality
A new Oak Ridge memorandum puts a national lab, a university, two community colleges and a school district behind one reactor developer's manufacturing problem. Nothing is costed yet.
Reality
The MIT spinoff keeps pressurised-water physics and redesigns the steam generator, claiming a reactor about 40 times smaller. The bet is that a licensing operator beats a physicist to a permit.
Reality