Oklo Inc.

2026-05-29 11:20:00

This article compares two nuclear energy companies, Oklo and NuScale Power, vying for leadership in the burgeoning nuclear sector, particularly in serving data centers. Oklo focuses on selling power through purchase agreements, handling all aspects in-house, and has partnerships with major data center clients. NuScale, on the other hand, sells its small modular reactor (SMR) technology through partners but has achieved regulatory certainty with NRC approval.

2026-05-29 11:08:47

The U.S. government has chosen Oklo Inc. and four other nuclear companies to convert surplus plutonium into fuel for advanced nuclear reactors. Oklo is partnering with European company newcleo, with a potential investment of up to $2 billion, to turn material originally set for disposal into reliable electricity. This initiative addresses fuel supply constraints for advanced reactors by utilizing existing surplus resources and following strict U.S. security protocols.

2026-05-28 23:39:39

The Department of Energy has selected five companies—Oklo, Flibe Energy, Exodys Energy, Shine Technologies, and Standard Nuclear—for advanced negotiations under its Surplus Plutonium Utilization Program. This program aims to make surplus U.S. plutonium available to the nuclear industry for conversion into advanced reactor fuels, following President Trump's Executive Order 14302. The initiative seeks to utilize nearly 20 metric tons of DOE-owned plutonium for "recycling, processing, and manufacturing" to support advanced reactor deployment and address fuel supply constraints.

2026-05-27 22:09:43

Oklo has been chosen by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, aiming to convert surplus plutonium into fuel for advanced nuclear reactors. This initiative, complementing Oklo's broader fuel strategy, involves a partnership with newcleo to utilize existing nuclear material as a temporary fuel source and address long-term nuclear material management challenges. The collaboration seeks to accelerate advanced reactor deployment by leveraging available surplus material, which is seen as a key bottleneck in the industry.

2026-05-27 01:39:00

Oklo (OKLO) has announced several advancements toward commercialization, including being selected by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program and partnering with European developer newcleo for up to $2 billion in project capital. The company also received accelerated approval for its Principal Design Criteria topical report from the NRC and expanded its customer pipeline to 14 GW, anchored by agreements with Meta and Equinix. Despite being pre-revenue with widening losses, Oklo maintains a strong cash position and targets commercial power generation for late 2027 to early 2028, aiming to capitalize on the growing energy demand from AI data centers.

2026-05-27 01:39:00

Oklo Inc. (OKLO) shares surged 10% after the US Department of Energy selected it for advanced negotiations under the Surplus Plutonium Utilization Program, validating its fast-fission technology and securing a "bridge fuel" for its commercial reactors. This move, coupled with a partnership with European firm Newcleo and recent "buy" ratings from analysts like Bank of America, has also triggered short covering due to elevated short interest. Technical indicators suggest further upside for the stock, with a consensus price objective of $130.