Growing from a broad research effort at U.S. universities and national laboratories, Kairos Power was founded to accelerate the development of an innovative nuclear technology …

Kairos Power is focused on reducing technical risk through a novel approach to test iteration often lacking in the nuclear space. Our schedule is driven by the goal of a U.S. demonstration plant before 2030 and a rapid deployment thereafter. The challenge is great, but so too is the opportunity.

So basically academics finding people to fund a large scale lab experiment, they want to get working by 2030. It sounds like they sold Google on an idea (for funding) and now have to move their idea from the lab to the real world. It does sound safer than water cooled plants of old at least.