Deep Fission Signs 25-Year Power Supply Deal for Kansas Reactor Project
Deep Fission signed a binding 25-year agreement to supply power to Kansas industrial park tenants, with a first 150 MW phase targeted for September 2028.
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what happened
Deep Fission has entered a 25-year master agreement under which the Great Plains Development Authority (GPDA) will buy electricity, according to a TradingView report based on the company's press release. The deal turns a December 2025 letter of intent into a binding contract for a commercial reactor planned at the site of the company's Department of Energy pilot in Parsons, Kansas.
Deep Fission is bound to pursue the project and deliver power once the reactor is licensed and running. GPDA can buy power for park tenants up to the contracted capacity, with no minimum purchase commitment, and may pass those obligations to qualifying tenants. The first phase is pencilled in at 150 MW with a commercial operation target of September 30, 2028, and later phases could lift the total to 2,000 MW depending on demand.
Reuters separately reported the signing, noting that the agreement covers the initial 150 MW phase and could reach 2 GW by 2031.
why it matters
For markets this is a long-term offtake contract for a project that is not yet licensed or built, and it carries no guaranteed minimum volume. Investors tracking small modular reactors will watch whether licensing and financing follow, since the value of the deal depends on approvals from the NRC and Kansas regulators.
market impact
Nuclear and SMR names: a firm offtake contract supports the project case, though the reactor is still unlicensed.
tags
instruments
sources
- Deep Fission Signs Binding 25-Year Master Energy Purchase Agreement for Planned Commercial Project — TradingView, 20 October 2026 at 11:30 UTC
- Deep Fission Signs Binding 25-Year Master Energy Purchase Agreement For Planned Commercial Project — Reuters, 20 October 2026 at 12:28 UTC
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