Despite management’s claims of potential deals, market commentator Herb Greenberg pointed out that none had been finalized, leaving Oklo with no revenue and cash flow, alongside widening losses.
Oklo signed several power agreements during the quarter, including a 12-gigawatt deal with data center provider Switch. According to the company, this brings total confirmed customer interest to 14 gigawatts.
Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced nuclear technology company, today published its financial results and business update for the quarter and year ended December 31, 2024.
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has appointed Daniel Poneman and Michael Thompson to its Board of Directors. Their addition strengthens the company’s leadership team with deep expertise in nuclear technology and technology financing.
Oklo Inc (NYSE:OKLO) shares are trading higher Monday after the company announced it's engaging with the U.S. Nuclear Regulatory Commission (NRC) in a pre-application readiness assessment.
Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, is engaging with the U.S. Nuclear Regulatory Commission (NRC) in a Pre-Application Readiness Assessment for its combined license application (COLA) for Oklo’s Aurora Powerhouse at the Idaho National Laboratory. The readiness assessment allows NRC staff to review and familiarize themselves with Oklo’s licensing materials ahead of the full application review so that both sides can prepare for an efficient application review.
Oklo has signed an Interface Agreement (IAG) with INL, which will allow the company to begin initial site work on its Aurora nuclear powerhouse in Idaho.
Oklo Inc. (NYSE: OKLO) ("Oklo"), an advanced nuclear company, announced significant milestones as part of its journey toward deploying its first commercial powerhouse in Idaho. Following the recent finalization of a Memorandum of Agreement (the “MoA”) with the U.S. Department of Energy (DOE), Oklo has also entered into an Interface Agreement (the “IAG”) with Idaho National Laboratory (INL). This agreement aims to ensure strict adherence to environmental regulations throughout the site investigation process and reinforces Oklo's commitment to environmental stewardship throughout the project.
Amazon.com Inc. Alphabet Inc.'s Google, Meta Platforms Inc. and Dow Inc. have joined a growing coalition of companies pledging support to triple global nuclear capacity by 2050, signaling a significant shift in how tech companies plan to power their energy-intensive operations.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Nuclear stocks like NuScale Power, Oklo, and Cameco got a boost from NVIDIA's forecast that AI compute needs would grow by 100X in the next generation of models
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, announced today that it has closed the acquisition of Atomic Alchemy Inc. (“Atomic Alchemy”), a leading innovator in radioisotope production. Atomic Alchemy is pioneering a resilient U.S.-based radioisotope supply chain with its proprietary production and recovery technologies, including its Versatile Isotope Production Reactor (VIPR®) technology. This strategic acquisition enhances Oklo’s capabilities to establish a reliable domestic supply chain for high-value radioisotopes critical to healthcare, research, and defense sectors and provides synergies to Oklo’s fuel recycling and nuclear energy businesses.
Oklo Inc. (NYSE: OKLO) ("Oklo" or "the Company"), an advanced nuclear power technology and nuclear fuel recycling company, today announced it will release its financial results and provide business updates for the year ended December 31, 2024, after market close on Monday, March 24, 2025, followed by a conference call at 5:00 p.m. ET.
Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, has announced its participation in the U.S. Department of Energy (DOE) Voucher Program, which is expected to support the evaluation and testing of advanced structural materials for Oklo’s Aurora powerhouse. The initiative, part of the Technology Commercialization Fund and funded by the Bipartisan Infrastructure Law and Inflation Reduction Act, aims to enhance efficiencies in manufacturing, supply chain, and overall scalability as Oklo accelerates the deployment of its commercial powerhouses. ENERGYWERX will manage the DOE’s Voucher Program in collaboration with Oak Ridge National Laboratory.
