The U.S. Department of Energy announced $30 million in initial funding Wednesday for a mix of reactor projects as part of its advanced reactor demonstration program. The recipients are expected to get $600 million in federal money over the next seven years, with the companies providing at least 20% of the funds. The recipients are Hermes Reduced Scale Test Reactor â Kairos Power in Alameda, Calif., which is getting $303 million from the DOE; the Westinghouse Electric Companyâs eVinci Microreactor, which is getting $7.4 million; the BWXT Advanced Nuclear Reactor, which is getting $85.3 million; Holtec, which is getting $116 million to design and engineer its small modular reactor; and the Alabama-based Southern Company Services, which is getting $90.4 million for its molten chloride reactor experiment.