Overview
- DOE’s Idaho Operations Office approved the Nuclear Safety Design Agreement for Oklo’s Aurora Fuel Fabrication Facility at Idaho National Laboratory.
- The A3F will fabricate fuel for the Aurora-INL reactor selected under the DOE’s Reactor Pilot Program, linking fuel production to the first commercial-scale unit.
- CEO Jacob DeWitte said the DOE fast-track allows construction to proceed during licensing, reducing near-term regulatory risk and supporting a 2027–2028 in-service target.
- Site work has progressed with a September groundbreaking, controlled blasting planned for mid-November, and full excavation expected in January 2026.
- Oklo reported a Q3 loss of $0.20 per share and a $36.3 million operating loss, ended the quarter with $410 million in cash and $773.5 million in marketable securities, signed an R&D MOU with Battelle Energy Alliance, and outlined plans to convert government plutonium stocks into fuel.