Nuclear tech company to locate research center in Albuquerque | KOB 4
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Nuclear tech company to locate research center in Albuquerque

Nuclear tech company to locate research center in Albuquerque

The Associated Press
Created: December 14, 2019 11:03 AM

ALBUQUERQUE, N.M. (AP) — A California-based nuclear energy technology company has chosen New Mexico’s largest city as its home for a new engineering center to support the development of its reactor technology.

Kairos Power LLC plans to take up residence at a master planned community on the southern edge of Albuquerque.

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State economic development officials say the company will invest up to $125 million on the campus and create more than 65 high-paying jobs over the next few years.

The state and city of Albuquerque also have proposed pitching in millions of dollars in economic development funding for the project.


(Copyright 2019 by The Associated Press. All Rights Reserved.)

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