Google Signs 500 MWatt Deal With Kairos Power

Earlier this week, Google took another big step into the field of nuclear energy as it signed a corporate agreement with nuclear startup Kairos Power to develop small modular reactors across the county to satisfy exploding power demand from its vast fleet of data centers.

Though still facing years of regulatory and bureaucratic red tape, the project ultimately hopes to bring up to 500 megawatts of new production capacity online.

At the moment, Kairos has NRC approval for the development of a demonstration model of its fluoride, salt-cooled high temperature reactor, with an expected activation date in 2027 — the first of its kind to make it out of the concept stage.

To be clear, while this deal marks a major milestone in the growing relationship between big tech and nuclear power, this project constitutes a relatively tiny slice of the new nuclear market big tech will have to build to feed the AI revolution.

500 megawatts represents one one-millionth the total energy demand that the world’s data centers are going to be consuming, per year, by the end of the decade —a 160% increase over today’s numbers.{Macro}

When 500 Megawatts Is Just A Drop In The AI Bucket

With small and tiny modular reactors approaching commercialization and offering compact, carbon-neutral energy production while requiring little or even no land at all, a new golden era of nuclear power appears to be on the horizon.

Google, the world’s 4th biggest tech brand, is taking these aggressive steps because the competition is doing the same thing.

Bill Gates and Sam Altman, two of the most mentioned names when it comes to the topic of artificial intelligence, have gone to similar lengths to secure future production capacity for their own AI projects.

Altman has his own billion dollar SMR company, OKLO. In the last month, Bill Gates broke ground on a small reactor in Wyoming, and signed an agreement with Constellation energy to become the sole client of a soon-to-be restarted reactor at the infamous Three Mile Island power plant in Central Pennsylvania.

These are not half measures, and this is no longer a question of convenience, but a question of survival.

Is Artificial Intelligence Internet 2.0… Or Is It Something Even Bigger?

AI, which is predicted to have bigger of an impact on human civilization than the internet, will be dominated by whoever is able to feed its development.

It can’t get much simpler than that.

Which means these tech giants aren’t just jockeying for position. They’re fighting for their future survival.

Unfortunately for all of them, there is a common hurdle they need to overcome first.

Uranium, the metal which powers nuclear reactors, isn’t something that’s easy to come by in the U.S. these days.

In fact, our supply is so deficient that Russia, against whom we’ve been waging a proxy war since 2022, was one of our key suppliers of Uranium until as late as this Spring.

Our Nuclear Submarines And Aircraft Carriers Are Still Running On Russian Uranium

Biden ended all that in May when he signed the Prohibiting Russian Uranium Imports Act, a law which also activated $2.7B in Congressional funding for our own, domestic Uranium production infrastructure.

But this law included one very interesting caveat… There was a waiver. A single American company would be allowed to continue importing Russian Uranium despite the fact that we were simultaneously pouring tens of billions into a Russian defeat on the battlefields of Ukraine.

This company, based inside the DC Beltway and once a property of the Department of Energy, is the first and only entity in more than 70 years to launch new Uranium refinement operations in the U.S.

Deemed important enough to continue to do business with the world’s current most notorious tyrant, this company does exactly what big tech needs —it produces the kind of high grade uranium fuel that next generation small modular reactors need to function.

Right now, this same company, which appears to be the lynchpin in the biggest trend in the energy sector perhaps this side of the new millennium, trades on the NYSE at less than a $1B market capitalization.

The Most Overlooked Stock On The NYSE?

The reason is simple… The retail investment community is notoriously reactionary. They’ll only buy once the word is out that buying has begun —a concept that sounds just as silly as it actually is when the whole point is to buy low.

It’s the most common pitfall in investing, and perfectly understandable. Most humans follow a herd mentality. They only go where others have already gone.

Successful investing requires a suspension of this instinct, and adherence instead to things like objective facts and the understanding of cause and effect.

Right now, the nuclear industry is about to experience a major resurgence. New reactors are coming online. Old ones are being reactivated, and there about to be more new power demand than ever.

So all the signs are right there. The future is set, and this one company, which has been virtually overlooked by Wall Street, will be at the heart of it all.

I’ve been following their progress since last year, and I believe that in the next 12-18 months, this firm is going to reach a new level.

If You’re Investing Alongside The Headlines… You’re Already Behind

Share prices have already been creeping upward, hinting at what’s to come.

Want to learn more about it?

I recently published this video explaining everything from the market, to the energy shortfall, and to the likely outcome.

And like I said, share prices have been rising, gaining almost 50% in just the last 4 weeks.

By the end of next year, those gains will be in the triple digits.

Get the rest of the story, with all of the facts and figures, right here, no registration necessary.