Oklo Inc. Stock Price, News & Analysis

Oklo Inc. (NYSE: OKLO) is initiating a Pre-Application Readiness Assessment with the U.S. Nuclear Regulatory Commission (NRC) for its combined license application (COLA) for the Aurora Powerhouse at Idaho National Laboratory. The assessment, beginning in late March 2025, will focus on siting and environmental aspects of the application.

The company has maintained engagement with the NRC since 2016, achieving milestones including an approved quality assurance program description and advancing key licensing areas. The process benefits from the 2024 ADVANCE Act, which modernizes regulations for advanced nuclear and reduces licensing fees, with the NRC proposing a nearly 55% cut in hourly rates for advanced reactor applicants effective October 1, 2025.

Oklo plans to submit a formal COLA later this year, supporting its substantial order pipeline exceeding 14 GW.

Oklo Inc. (NYSE: OKLO) has achieved significant milestones in deploying its first commercial powerhouse in Idaho. The company has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), following a recently finalized Memorandum of Agreement (MoA) with the U.S. Department of Energy

The agreements focus on ensuring environmental compliance during site investigation. Oklo has conducted comprehensive cultural and biological surveys in collaboration with local Shoshone Bannock Tribes as part of the preparation for site characterization fieldwork. The company's proactive approach to regulatory and environmental requirements aims to maintain project momentum while minimizing potential delays and risks for the targeted construction timeline.

Oklo Inc. (NYSE: OKLO), an advanced nuclear power technology and nuclear fuel recycling company, has scheduled its full year 2024 financial results and business update conference call for Monday, March 24, 2025, after market close. The call will begin at 5:00 p.m. ET (2:00 p.m. PT).

Co-Founder and CEO Jacob DeWitte and CFO Craig Bealmear will lead the conference call. The company will make available its investor presentation, shareholder letter, and financial results on their website at oklo.com/investors.

Oklo Inc. (NYSE: OKLO) has announced its participation in the U.S. Department of Energy (DOE) Voucher Program to support the evaluation and testing of advanced structural materials for its Aurora powerhouse. This initiative is part of the Technology Commercialization Fund, funded by the Bipartisan Infrastructure Law and Inflation Reduction Act.

The collaboration aims to enhance manufacturing efficiencies, supply chain resilience, 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.

The project will leverage DOE-funded vouchers to conduct advanced material characterization and real-world testing to validate high-performance materials for Oklo's fast reactor designs. It builds on decades of operational data from fast reactor systems to optimize performance and manufacturing processes.

Jacob DeWitte, Co-Founder and CEO of Oklo, highlighted that the company has "14 gigawatts of announced customers and partners" in their pipeline, positioning them to address growing energy demands across diverse applications.

Oklo Inc. (NYSE: OKLO) announced that Board member Chris Wright has stepped down following his confirmation as U.S. Secretary of Energy on February 3, 2025. CEO Jacob DeWitte acknowledged Wright's contributions to the company, particularly highlighting his expertise in energy and technology. The company plans to announce a replacement for Wright's board position in the future.

Lightbridge (Nasdaq: LTBR) and Oklo Inc. (NYSE: OKLO) have signed a Memorandum of Understanding (MOU) to explore strategic collaboration opportunities. The agreement focuses on two main aspects: conducting a feasibility study for co-locating their commercial fuel fabrication facilities and exploring opportunities in nuclear waste recycling.

The potential co-location of facilities aims to generate significant synergies in both upfront capital expenditures and ongoing operational costs. This collaboration represents a strategic step in advancing clean energy solutions and innovation across the nuclear supply chain, with both companies committed to developing sustainable nuclear energy solutions and cost-effective, carbon-free energy technologies.

Oklo (NYSE: OKLO) has signed a memorandum of understanding with RPower to implement a phased power model for data centers. The partnership combines RPower's natural gas generators for immediate energy needs with a transition to Oklo's Aurora powerhouses for clean nuclear energy. The three-stage implementation includes: initial deployment of natural gas generators within 24 months, integration of Aurora powerhouses for emissions-free energy, and finally transitioning natural gas generators to backup roles while providing surplus power to local grids.

Oklo reports a current order book of 14 gigawatts of energy. The collaboration aims to provide a comprehensive solution for data centers facing immediate power needs while building a pathway to sustainable operations. This partnership will serve both existing and new customers, offering a turnkey solution that combines immediate power availability with future clean energy transition.

Oklo (NYSE: OKLO) and Switch have signed a non-binding Master Power Agreement for 12 gigawatts of advanced nuclear power deployment through 2044, marking one of the largest corporate clean power agreements in history. Under the agreement, Oklo will develop, construct, and operate Aurora powerhouses to provide power to Switch's AI, cloud, and enterprise data centers across the United States.

The partnership aims to support Switch's growing data center infrastructure while maintaining their commitment to 100% renewable energy usage. The agreement establishes a framework for collaboration, with binding agreements to be finalized as project milestones are reached. This long-term partnership will help accelerate Oklo's early powerhouse deployments and demonstrate sustained customer demand.

Atomic Alchemy, Oklo's proposed acquisition target, has signed an MOU with Zeno Power Systems to supply radioisotopes for commercial Radioisotope Power Systems (RPSs). The collaboration focuses on providing strontium-90 and americium-241 for 'nuclear batteries' used in remote and off-grid environments. Zeno Power has secured over $65 million in contracts with NASA, U.S. Navy, and U.S. Space Force. These radioisotopes can be produced as coproducts from Oklo's recycling processes, supporting missions from seabed exploration to lunar operations.