ALBUQUERQUE, N.M. (KRQE) – A California-based energy company, with roots already in New Mexico, announced they are expanding their footprint in the state even more. The move is expected to bring jobs and an economic impact of hundreds of millions of dollars to the state.
“New Mexico has positioned itself well under the leadership of Governor Michelle Lujan Grisham to be at the tip of the spear when it comes to energy-related companies,” said Economic Development Division Director Mark Roper.
The company came to the state back in 2020 and set up shop with its first facility out of Mesa Del Sol. Now, they’re looking to add two more facilities to the Albuquerque location and one at Los Alamos National Lab.
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“This new expansion will virtually double their employees to over an excess of 200 employees,” Roper said. “As part of this expansion, Kairos is going to invest 269 million dollars.”
One of those new developments will be a salt production facility in Albuquerque, responsible for producing coolant for a demonstration nuclear reactor out in Tennessee. The other Albuquerque facility will work to optimize fuel manufacturing techniques to be used for the third and final building, which will be located at Los Alamos National Lab. That building will manufacture pebble fuel for the Tennessee reactor.