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DENE0009325

Other Financial Assistance

Overview

Grant Description
Risk reduction award under DE-FOA-0002271 - technology investment agreement
Awardee
Kairos Power
Grant Program (CFDA)
81.121 - Nuclear Energy Research, Development and Demonstration
Awarding Agency
Idaho Operations Office [DOE]
Funding Agency
Office of Nuclear Energy [DOE]
Place of Performance
Kingston, Rhode Island United States
Geographic Scope
City-Wide
Related Opportunity
None
Analysis Notes
Amendment Since initial award the total obligations have increased 35% from $100,000,000 to $135,000,000.
Kairos Power was awarded Other Financial Assistance DENE0009325 worth $135,000,000 from the Office of Nuclear Energy in February 2024 with work to be completed primarily in Kingston Rhode Island United States. The grant has a duration of 3 years and was awarded through assistance program 81.121 Nuclear Energy Research, Development and Demonstration.

Status
(Ongoing)

Last Modified 9/29/25

Period of Performance
2/1/24
Start Date
1/31/27
End Date
79.0% Complete

Funding Split
$135.0M
Federal Obligation
$0.0
Non-Federal Obligation
$135.0M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DENE0009325

Transaction History

Modifications to DENE0009325

Additional Detail

Award ID FAIN
DENE0009325
SAI Number
None
Award ID URI
None
Awardee Classifications
Small Business
Awarding Office
892432 IDAHO OPERATIONS OFFICE
Funding Office
892400 NUCLEAR ENERGY
Awardee UEI
QLJ3HALQKFH4
Awardee CAGE
80S35
Performance District
RI-02
Senators
Sheldon Whitehouse
John Reed
Modified: 9/29/25