{"article":{"annotation":{"article_id":"kairos-power-samsung-ct-hermes-2-term-sheet-september-2026","available_at":"2026-10-06T23:11:47.022039Z","geography_revision":"ef6ee0010dda5fe7b240fd514749b43e214c57da73222d2e40ec83b276dd0977","id":"44fdb106a83e4d5e2e6226892e98573185ede77fb7951768cc28266f5ec3fae8","input_sha256":"b7be2c1069c8e6c8f85f802bcb92ed27d95c250a5d5922d5b73c5ed121f2a43f","limitations":["Rule-derived subjects are candidates, not verified editorial labels or calibrated model probabilities.","Coverage is distinct from event location. Unknown country/city/coordinates remain absent; no automatic geocoding.","Article geometries keep their stated precision and methodology; reproducing them is not independent coordinate verification."],"method":"controlled-rules-v1","places":[{"admin1":null,"city":null,"coordinate_note":null,"coordinate_reference_system":"OGC:CRS84","coordinate_source":null,"country":"US","evidence":[{"field":"country","language":"en","note":"Explicit preserved editorial country/region; no city or national centroid inferred","source_urls":["https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment"]}],"geometry":null,"id":"iso3166-1:US","kind":"country-or-area","labels":{"ar":"الولايات المتحدة الأمريكية","en":"United States of America","es":"Estados Unidos de América","fr":"États-Unis d’Amérique"},"match_status":"candidate","precision":"regional","role":"coverage","uncertainty_m":null}],"rules_sha256":"d28c9c89703b56bd91fd887965d416d0115c2473d4bfbd3e558bcceafc3941dd","schema_version":1,"subjects":[{"concept_id":"medtop:20000256","confidence":null,"confidence_method":null,"evidence":[{"field":"category+topics","language":"en","note":"Preserved editorial category/topic; broad candidate only","source_urls":["https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment"]}],"method":"controlled-rules-v1","rule_id":"energy-broad","status":"candidate"}],"taxonomy_revision":"1f2db31d811fca07e99b16d402c10e2cc2965c9df1c7b41d9be348b40a24e7fb","taxonomy_version":"IPTC Media Topics 2026-Q2"},"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=en","category":"energy","content":{"key_points":[],"paragraphs":["Kairos Power and Samsung C&T Engineering & Construction Group announced on 21 September 2026 that they signed a binding term sheet for a strategic investment by Samsung C&T in Kairos Power and for collaboration on deploying Kairos Power’s fluoride salt-cooled, high-temperature reactor technology (KP-FHR). Samsung C&T agreed to provide up to $100 million through a combination of direct investment and in-kind engineering services, subject to regulatory approvals. The funding is intended to enable delivery of the Hermes 2 Demonstration Plant in Oak Ridge, Tennessee.","Samsung C&T also agreed to join Kairos Power’s integrated engineering, procurement and construction (EPC) team for Hermes 2 and future KP-FHR plants. The companies plan to collaborate on selected engineering and construction activities, initially focused on power-generation systems and the balance of plant, while Kairos Power plans to lead reactor technology, engineering, manufacturing, procurement and construction for the nuclear island. The term sheet builds on a memorandum of understanding that Samsung C&T, Kairos Power and Barnard Construction signed on 18 August.","Kairos Power said Hermes 2 received construction permits from the U.S. Nuclear Regulatory Commission in December 2024 and broke ground in Oak Ridge in April 2026. The grid-connected reactor is rated at 50 MWe. The release describes a binding term sheet and an EPC-team role rather than an EPC contract value, and the investment remains subject to regulatory approvals."],"sections":[]},"corrections":[{"at":"2026-10-07T00:50:13+03:00","language":"en","text":"German and Portuguese editions and translations of the data and correction explanations have been added to this article."}],"country":"US","data":{"blocks":[{"description":{"ar":"المبلغ الذي وافقت Samsung C&T على تقديمه والقدرة المقررة لمحطة Hermes 2 كما ذكرتها Kairos Power في 21 سبتمبر 2026.","de":"Von Samsung C&T zugesagter Betrag und Nennleistung von Hermes 2 laut Kairos Power vom 21. September 2026.","en":"Amount Samsung C&T agreed to provide and the rated output of Hermes 2, as stated by Kairos Power on 21 September 2026.","es":"Importe que Samsung C&T acordó aportar y potencia de Hermes 2, según Kairos Power el 21 de septiembre de 2026.","fr":"Montant que Samsung C&T a accepté de fournir et puissance de Hermes 2, selon Kairos Power le 21 septembre 2026.","pt":"Valor que a Samsung C&T concordou em fornecer e potência nominal do Hermes 2, segundo a Kairos Power em 21 de setembro de 2026.","tr":"Samsung C&T’nin sağlamayı kabul ettiği tutar ve Hermes 2’nin planlanan gücü; Kairos Power’ın 21 Eylül 2026’daki açıklamasına göre."},"id":"commitment-and-plant-size","items":[{"basis":"observed","label":{"ar":"التزام Samsung C&T التمويلي (حد أقصى)","de":"Finanzierungszusage von Samsung C&T (Obergrenze)","en":"Samsung C&T funding commitment (ceiling)","es":"Compromiso de financiación de Samsung C&T (tope)","fr":"Engagement financier de Samsung C&T (plafond)","pt":"Compromisso de financiamento da Samsung C&T (limite)","tr":"Samsung C&T finansman taahhüdü (üst sınır)"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"united-states","id":"kairos-samsung-ct-funding-commitment","periodRole":"announcement-date","unitCode":"million-usd"},"period":"2026-09-21","unit":"million USD","value":100,"valueQualifier":"upper-bound"},{"basis":"target","label":{"ar":"القدرة الكهربائية لمحطة Hermes 2 المرتبطة بالشبكة","de":"Elektrische Leistung de rede de Hermes 2","en":"Hermes 2 grid-connected electrical output","es":"Potencia eléctrica conectada a la red de Hermes 2","fr":"Puissance électrique raccordée de Hermes 2","pt":"Potência elétrica conectada à rede do Hermes 2","tr":"Hermes 2 şebekeye bağlı elektrik gücü"},"measure":{"aggregation":"stock","frequency":"irregular","geography":"tennessee","id":"hermes-2-electrical-output","periodRole":"announcement-date","unitCode":"mw"},"period":"2026-09-21","unit":"MWe","value":50}],"methodology":{"ar":"المبلغ حد أقصى يصل إلى 100 مليون دولار أمريكي يجمع بين الاستثمار المباشر والخدمات الهندسية العينية، رهنًا بالموافقات التنظيمية، وليس قيمة عقد EPC. ورقم 50 ميغاواط كهربائي هو القدرة الكهربائية لمفاعل Hermes 2 الذي لا يزال قيد الإنشاء.","de":"Der Betrag ist auf bis zu 100 Millionen US-Dollar begrenzt und umfasst Direktinvestitionen sowie Ingenieurleistungen als Sachleistung; er bedarf behördlicher Genehmigungen und ist kein EPC-Vertragswert. Die Angabe von 50 MWe bezeichnet die elektrische Leistung des im Bau befindlichen Reaktors Hermes 2.","en":"The amount is a ceiling of up to $100 million combining direct investment and in-kind engineering services, subject to regulatory approvals; it is not an EPC contract value. The 50 MWe figure is the electrical output of the Hermes 2 reactor, which is under construction.","es":"El importe es un tope de hasta 100 millones de dólares que combina inversión directa y servicios de ingeniería en especie, sujeto a aprobaciones regulatorias; no es un valor de contrato EPC. La cifra de 50 MWe es la potencia eléctrica del reactor Hermes 2, que está en construcción.","fr":"Le montant est un plafond de 100 millions de dollars combinant investissement direct et services d’ingénierie en nature, sous réserve d’approbations réglementaires ; ce n’est pas une valeur de contrat EPC. Le chiffre de 50 MWe correspond à la puissance électrique du réacteur Hermes 2, en cours de construction.","pt":"O valor é um limite de até US$ 100 milhões que combina investimento direto e serviços de engenharia em espécie, sujeito a aprovações regulatórias; não é o valor de um contrato EPC. Os 50 MWe correspondem à potência elétrica do reator Hermes 2, que está em construção.","tr":"Tutar, doğrudan yatırım ile ayni mühendislik hizmetlerini birleştiren ve düzenleyici onaylara tabi olan 100 milyon ABD dolarına kadar bir üst sınırdır; EPC sözleşme bedeli değildir. 50 MWe rakamı, yapım aşamasındaki Hermes 2 reaktörünün elektrik gücüdür."},"sourceUrls":["https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment"],"title":{"ar":"التزام Samsung C&T وقدرة Hermes 2","de":"Zusage von Samsung C&T und Leistung von Hermes 2","en":"Samsung C&T commitment and Hermes 2 size","es":"Compromiso de Samsung C&T y tamaño de Hermes 2","fr":"Engagement de Samsung C&T et taille de Hermes 2","pt":"Compromisso da Samsung C&T e potência do Hermes 2","tr":"Samsung C&T taahhüdü ve Hermes 2 boyutu"},"type":"metrics","updatedAt":"2026-10-07T00:50:13+03:00"}],"version":1},"data_downloads":[{"formats":{"csv":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026/data/commitment-and-plant-size?lang=en&format=csv","json":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026/data/commitment-and-plant-size?lang=en&format=json"},"id":"commitment-and-plant-size"}],"data_types":["metrics"],"editorial_illustration":{"alt":"Conceptual illustration of electricity generation, storage and connected 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Power","publishedAt":"2026-09-21","url":"https://www.kairospower.com/updates/kairos-power-and-samsung-c-t-agree-to-pursue-strategic-investment-and-collaboration-for-kp-fhr-deployment"}],"summary":"Kairos Power said on 21 September 2026 that Samsung C&T agreed, in a binding term sheet, to provide up to $100 million in investment and engineering services and to join its EPC team for Hermes 2 in Tennessee.","text":"Kairos Power said on 21 September 2026 that Samsung C&T agreed, in a binding term sheet, to provide up to $100 million in investment and engineering services and to join its EPC team for Hermes 2 in Tennessee.\n\nKairos Power and Samsung C&T Engineering & Construction Group announced on 21 September 2026 that they signed a binding term sheet for a strategic investment by Samsung C&T in Kairos Power and for collaboration on deploying Kairos Power’s fluoride salt-cooled, high-temperature reactor technology (KP-FHR). Samsung C&T agreed to provide up to $100 million through a combination of direct investment and in-kind engineering services, subject to regulatory approvals. The funding is intended to enable delivery of the Hermes 2 Demonstration Plant in Oak Ridge, Tennessee.\n\nSamsung C&T also agreed to join Kairos Power’s integrated engineering, procurement and construction (EPC) team for Hermes 2 and future KP-FHR plants. The companies plan to collaborate on selected engineering and construction activities, initially focused on power-generation systems and the balance of plant, while Kairos Power plans to lead reactor technology, engineering, manufacturing, procurement and construction for the nuclear island. The term sheet builds on a memorandum of understanding that Samsung C&T, Kairos Power and Barnard Construction signed on 18 August.\n\nKairos Power said Hermes 2 received construction permits from the U.S. Nuclear Regulatory Commission in December 2024 and broke ground in Oak Ridge in April 2026. The grid-connected reactor is rated at 50 MWe. The release describes a binding term sheet and an EPC-team role rather than an EPC contract value, and the investment remains subject to regulatory approvals.\n\nGerman and Portuguese editions and translations of the data and correction explanations have been added to this article.","title":"Samsung C&T agrees to join Kairos Power’s EPC team for Hermes 2 in Tennessee","topics":["epc-contractors"],"translations":[{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=tr","language":"tr","url":"https://newsverum.com/tr/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=en","language":"en","url":"https://newsverum.com/en/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=ar","language":"ar","url":"https://newsverum.com/ar/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=fr","language":"fr","url":"https://newsverum.com/fr/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=es","language":"es","url":"https://newsverum.com/es/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=de","language":"de","url":"https://newsverum.com/de/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},{"api_url":"https://newsverum.com/api/v1/articles/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026?lang=pt","language":"pt","url":"https://newsverum.com/pt/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"}],"url":"https://newsverum.com/en/news/kairos-power-samsung-ct-hermes-2-term-sheet-september-2026"},"version":"1"}