Oklo Inc. Class A common stock (OKLO)
22.78
-1.26 (-5.24%)
Oklo and Switch Form Landmark Strategic Relationship to Deploy 12 Gigawatts of Advanced Nuclear Power, One of the Largest Corporate Clean Power Agreements Ever Signed
Oklo Inc. (NYSEOKLO) (“Oklo” or the “Company”), an advanced nuclear technology company, and Switch, a premier provider of AI, cloud and enterprise data centers, have signed a non-binding Master Power Agreement (“Master Agreement”) to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044. This is one of the largest corporate clean power agreements ever signed. The Master Agreement establishes a framework for collaboration, with the expectation that individual binding agreements will be finalized as project milestones are reached.
By Oklo Inc. · Via Business Wire · December 18, 2024
OKLO ALERT: Bragar Eagel & Squire, P.C. is Investigating Oklo Inc. on Behalf of Oklo Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Oklo Inc. (“Oklo” or the “Company”) (NYSEOKLO) on behalf of Oklo stockholders. Our investigation concerns whether Oklo has violated the federal securities laws and/or engaged in other unlawful business practices.
By Bragar Eagel & Squire · Via GlobeNewswire · November 22, 2024
Atomic Alchemy, Oklo’s Proposed Acquisition Target, Signs MOU with Zeno Power to Provide Fuel for Commercial Radioisotope Power Systems
Oklo Inc. (NYSEOKLO), an advanced nuclear technology company, announced today that Atomic Alchemy Inc. (Atomic Alchemy), which Oklo has proposed to acquire through an all-stock transaction, has signed a Memorandum of Understanding (MOU) with Zeno Power Systems, Inc. (Zeno Power), a leading developer of commercial Radioisotope Power Systems (RPSs). Zeno Power’s innovative power systems convert heat from radioisotopes into a reliable and consistent supply of clean energy for commercial and government customers in critical environments across space and terrestrial markets.
By Oklo Inc. · Via Business Wire · November 21, 2024
Why the Next Big Artificial Intelligence (AI) Play Could be in the Nuclear Power Industry
EQNX::TICKER_START (NYSEKULR),NYSE:SMRNYSESMR)(NASDAQ:NVDANASDAQNVDA,(NASDAQ:NNENASDAQ),(NYSE:OKLOOKLO) EQNX::TICKER_END
Via FinancialNewsMedia · November 20, 2024
Oklo Publishes Third Quarter 2024 Financial Results and Business Update
Oklo Inc. (NYSEOKLO) (“Oklo” or “the Company”), an advanced fission power technology and nuclear fuel recycling company, today published its financial results and business update for the third quarter ended September 30, 2024.
By Oklo Inc. · Via Business Wire · November 14, 2024
Oklo Announces Proposed Acquisition of Atomic Alchemy to Expand into Radioisotope Market
Oklo Inc. (NYSEOKLO) (“Oklo”), an advanced nuclear technology company, today announced it has signed a letter of intent to acquire Atomic Alchemy Inc. (“Atomic Alchemy”), a U.S.-based company specializing in the production of radioisotopes. Oklo’s fast reactor and fuel recycling technologies produce valuable coproducts, such as radioisotopes, through their respective processes. The proposed acquisition builds upon the strategic partnership announced between Oklo and Atomic Alchemy earlier this year, demonstrating the opportunity to combine Oklo’s power generation and fuel recycling capabilities with Atomic Alchemy’s radioisotope production expertise to accelerate fuel production for Oklo’s powerhouses, and to create new revenue streams from radioisotopes.
By Oklo Inc. · Via Business Wire · November 14, 2024
Oklo Secures Partnerships for Up to 750 Megawatts of Power for U.S. Data Centers
Oklo Inc. (NYSEOKLO) ("Oklo"), an advanced fission power and nuclear fuel recycling company, has received Letters of Intent (LOIs) and is partnering with two major data center providers to deliver up to 750 megawatts (MW) of low carbon power for data centers across the U.S. These commitments expand Oklo’s customer pipeline to approximately 2,100 MW, underscoring the demand for Oklo’s dedicated clean energy solutions.
By Oklo Inc. · Via Business Wire · November 13, 2024
Oklo Completes Environmental Compliance Process to Begin Site Characterization for its Commercial Powerhouse in Idaho
Oklo Inc. (NYSEOKLO) ("Oklo"), an advanced fission power and nuclear fuel recycling company, announced today that the U.S. Department of Energy (DOE) and the Idaho National Laboratory (INL) have completed the environmental compliance process addressing the DOE requirements for site characterization at Oklo’s first commercial advanced fission power plant site at INL.
By Oklo Inc. · Via Business Wire · November 7, 2024
Oklo Announces Date for Third Quarter 2024 Financial Results and Business Update Call
Oklo Inc. (NYSEOKLO) (“Oklo” or “the Company”), an advanced fission power technology and nuclear fuel recycling company, today announced it will release its financial results and provide business updates for the third quarter ended September 30, 2024 after market close on Thursday, November 14, 2024, followed by a conference call at 4:30 pm ET.
By Oklo Inc. · Via Business Wire · October 31, 2024
Nuclear Power Reaches Critical Mass: Top Stocks to Watch Now
Nuclear power has reached a critical mass with all three of the major data center hyperscalers investing in the technology.
Via MarketBeat · October 21, 2024
DOE Approves Conceptual Safety Design Report for Oklo’s Aurora Fuel Fabrication Facility
Oklo Inc. (NYSEOKLO) (“Oklo”), an advanced fission power technology and nuclear fuel recycling company, today announced that the U.S. Department of Energy (DOE) has approved the Conceptual Safety Design Report (CSDR) for the Aurora Fuel Fabrication Facility at Idaho National Laboratory (INL). This approval is a key milestone as Oklo advances toward its goal of utilizing recovered nuclear material to fuel its first commercial Aurora powerhouse.
By Oklo Inc. · Via Business Wire · October 15, 2024
Oklo Finalizes Agreement with the Department of Energy to Advance to the Next Phase of Siting
Oklo Inc. (NYSEOKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, today announced the finalization of a Memorandum of Agreement (MOA) with the U.S. Department of Energy (DOE) Idaho Operations Office. This MOA grants Oklo access to conduct site investigations at its preferred site in Idaho, marking a key step toward the next phase of site preparation and construction.
By Oklo Inc. · Via Business Wire · September 25, 2024
Electric Aviation Market Estimated to Reach $37 Billion By 2030 as Demand for Environment-Friendly Aircraft Rises
EQNX::TICKER_START (NYSEKULR),NASDAQ:METANASDAQMETA)(NASDAQ:NVDANASDAQNVDA,(NASDAQ:NNENASDAQ),(NYSE:OKLOOKLO),(NYSEAMPX) EQNX::TICKER_END
Via FinancialNewsMedia · August 20, 2024
Oklo Publishes Second Quarter 2024 Earnings and Business Update
Oklo Inc. (NYSEOKLO) (“Oklo” or “the Company”), a fast fission clean power technology and nuclear fuel recycling company, today published its earnings and business update for the second quarter ending June 30, 2024.
By Oklo Inc. · Via Business Wire · August 13, 2024
Electric Aviation Market Estimated to Reach $37 Billion By 2030 as Demand for Environment-Friendly Aircraft Rises
PALM BEACH, Fla., Aug. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to the International Energy Agency (IEA), global flights produced around 720 million tons of carbon dioxide in 2021. The global aviation industry produces over 2% of all the CO2 emissions induced by humans. With an increase in the number of global aircraft fleet size and air travel, these numbers are expected to rise even higher. Hence, there has been a pressing need for electric aircraft, which will help reduce the carbon footprint of the aviation industry. Organizations and governing bodies such as the International Civil Aviation Organization, the Federal Aviation Administration, and the European Union Aviation Safety Agency have called for sustainable alternatives to aircraft fuel as they estimate that aircraft-generated emissions are expected to be three-fold in volume by 2050. Since electric engines do not have noises associated with jet or combustion engines, they result in no aircraft noise levels. In an electric aircraft, manufacturers aim to improve efficiency by replacing hydraulically controlled systems with electric systems. A report from MarketsAndMarkets projected that the Electric Aircraft Market which was valued at $8,800 Million in 2022 and is estimated to grow from $10,100 Million USD in 2023 to $37,200 Million USD by 2030 at a CAGR (Compound Annual Growth Rate) of 19.8%. Rising demand for environment-friendly aircraft and the growing development of UAVs and electric VTOLs are the key factors driving the electric aircraft market. Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), Meta Platforms, Inc. NASDAQ: METANASDAQMETA)(NASDAQ: NVDANASDAQNVDA, NNE NANO Nuclear Energy Inc. (NASDAQ: NNENASDAQ), Oslo Inc. (NYSE: OKLOOKLO).
By FN Media Group LLC · Via GlobeNewswire · August 20, 2024
Oklo Establishes Preferred Supplier Agreement for Steam Turbine Generator Products and Services
Oklo Inc. (NYSEOKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, today announced a key strategic development in its supply chain management by signing a Preferred Supplier Agreement with Siemens Energy for the power conversion system of the Aurora powerhouse. This agreement underscores Oklo’s ambitions to bring cost-efficient advanced fission technology to market. Building on a previously signed Memorandum of Understanding, this binding agreement marks a crucial step in Oklo's vision to enhance production scalability, cost efficiency, and rapid deployment to meet growing customer demand.
By Oklo Inc. · Via Business Wire · August 13, 2024
Oklo Announces Second Quarter 2024 Earnings and Business Update Call on August 13
Oklo Inc. (NYSEOKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, today announced it will host a conference call to discuss its second quarter 2024 earnings and business updates. The conference call will occur at 5:00 p.m. Eastern Time on Tuesday, August 13, 2024. Following the call and after the market closes on the same day, Oklo will release its second quarter 2024 financial results.
By Oklo Inc. · Via Business Wire · August 1, 2024
Oklo Completes Successful End-to-End Demonstration of Advanced Fuel Recycling Process
Oklo Inc. (NYSEOKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announced the successful completion of the first end-to-end demonstration of the key stages of its advanced fuel recycling process, in collaboration with Argonne National Laboratory and Idaho National Laboratory. This achievement marks a significant step forward in Oklo’s efforts to scale up its fuel recycling capabilities and deploy a commercial-scale recycling facility to increase advanced reactor fuel supplies, and enhance fuel cost effectiveness.
By Oklo Inc. · Via Business Wire · July 17, 2024
Oklo Provides Update on Recent Form S-1 Filing
Oklo Inc. (NYSEOKLO) (“Oklo” or the “Company”), a fast fission clean power technology and nuclear fuel recycling company, earlier today filed a registration statement on Form S-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”).
By Oklo Inc. · Via Business Wire · June 20, 2024
Oklo Announces Participation in Summer Investor Conferences
Oklo Inc. (NYSEOKLO) (“Oklo” or the “Company”), a fast fission clean power technology and nuclear fuel recycling company, today announced its participation in the following upcoming investor conferences:
By Oklo Inc. · Via Business Wire · June 7, 2024
Oklo Partners with Wyoming Hyperscale to Deliver 100 Megawatts to its Data Centers
Oklo Inc. (NYSEOKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, announced its collaboration with Wyoming Hyperscale to supply 100 megawatts of clean power to a state-of-the-art data center campus. The companies have signed a non-binding letter of intent outlining their intent to enter into a 20-year Power Purchase Agreement, highlighting Oklo’s commitment to providing reliable and scalable clean power solutions in response to the increasing demand for electricity driven by global digitalization and artificial intelligence (AI) adoption.
By Oklo Inc. · Via Business Wire · May 23, 2024
Oklo Signs MOU with Atomic Alchemy to Collaborate on Isotope Production
Oklo Inc. (NYSEOKLO) (“Oklo” or the “Company”), a fast fission clean power technology and nuclear fuel recycling company, is forming a strategic partnership with Atomic Alchemy Inc. (“Atomic Alchemy”) to produce isotopes. This partnership will aim to combine Oklo’s work to build and operate fast reactors and fuel recycling expertise with Atomic Alchemy’s expertise in isotope production to meet increasing demands for isotopes. Isotopes are vital for many promising medical, energy, industry, and science applications.
By Oklo Inc. · Via Business Wire · May 13, 2024