As the problem of steep power demands resulting from artificial intelligence (AI) weighs heavily on data center operators' minds, many people have argued that nuclear power is a viable solution, leading investors to consider investments in nuclear power companies like Kairos Power.
Kairos Power was founded in 2016 with the goals of developing an innovative nuclear power plant. According to the company, its goal is to "accelerate the development of an innovative nuclear technology that has the potential to transform the energy landscape in the United States and internationally."
Artificial Intelligence
Those with an eye on the nuclear energy industry may have had Kairos Power on their radar for years, but interest in the company soared in October 2024 when it inked a deal with Alphabet's (GOOGL -0.78%) Google to collaborate on a plan to deploy a U.S. fleet of advanced nuclear power projects totaling 500 megawatts (MW) by 2035.
While many may recognize the investment opportunity in Kairos Power as enticing, it's important to take a variety of considerations into account. In addition to needing to know when the company will hold its potential initial public offering (IPO), investors should also explore whether any other investment opportunities exist.
IPO
Is Kairos Power publicly traded?
As of September 2025, Kairos Power wasn't found on public markets, so investors on Main Street will have to look elsewhere for a nuclear energy stock to power their portfolios.
Although the company hasn't been able to raise capital through the issuance of equity, it has grown its coffers through other means. In February 2024, Kairos Power signed a Technology Investment Agreement with the U.S. Department of Energy. According to the agreement, Kairos Power will receive up to $303 million after achieving certain milestones related to the design, construction, and commissioning of the Hermes demonstration reactor in Oak Ridge, Tennessee.
When will Kairos Power IPO?
While Kairos Power has received funding from venture capital firm Terra Talent and is on the path to gain funding from the U.S. Department of Energy, the company has not revealed any plans to hold an IPO.
Disappointed as investors may be to find that Kairos Power is not on the 2025 IPO calendar, there are IPO stocks that they may be interested in buying.
While accredited investors may access platforms that allows them access to pre-IPO stocks, retail investors who aren't accredited and find themselves motivated to pick up shares of Oklo, NuScale Power, or Cameco need to only take a few steps to become shareholders.
- Open your brokerage app: Log into your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected, and adjust your investment strategy accordingly.
Is Kairos Power profitable?
Since Kairos Power hasn't held its IPO, it isn't subject to the same financial reporting regulations as those companies that are publicly traded. Investors, consequently, don't have much insight into Kairos Power's financial situation, but it's fairly safe to assume that since the company hasn't commenced commercial operations, it's not generating revenue, let alone booking a profit.
It's possible -- though it's questionable how probable -- that Kairos Power can begin generating a profit as soon as 2030. According to the agreement that it signed with Google, Kairos Power will have an advanced reactor plant deployed and operational by 2030 to supply one of Google's data centers with electricity under power purchase agreements.
Should I invest in Kairos Power?
Unfortunately, for the majority of retail investors, investing in Kairos Power is not currently an option since the company hasn't held an IPO. Should the company proceed down the path of becoming a publicly traded company, though, it will be required to submit regulatory filings, providing investors with a better perspective on its financial situation. This, in turn, will allow investors to make informed decisions about whether the stock is appropriate for them.
On the other hand, accredited investors may presently have the ability to add exposure to Kairos Power. With the company still not generating sales and its financial situation poorly known, an investment in Kairos Power should only draw interest from those undaunted by the prospect of substantial risk.
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The bottom line on Kairos Power
As AI accelerates in popularity and data centers find themselves hard-pressed to keep up with the necessary power demands, it's unsurprising that growth investors are considering nuclear energy stocks like Kairos Power -- especially after it inked a noteworthy agreement with Google.
Since the company hasn't held an IPO, it, unfortunately, is not an investment option for a majority of investors. Fortunately, there are other interesting nuclear energy options to consider, such as Cameco, Oklo, and NuScale Power, as well as several ETF possibilities.
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