CoinScoopSamsung to invest up to $100 million in Kairos Power nuclear project
Samsung C&T will invest up to $100 million in Kairos Power to support the construction of the 50MW Hermes 2 reactor for Google. The investment includes $70 million in capital and the remainder in engineering services. The reactor is scheduled for a 2030 launch, contributing to a broader agreement to build 500MW of nuclear capacity by 2035.
Summaries are written by AI from the original article. Not investment advice.