Overview
- Oklo said Meta’s advance will help secure nuclear fuel and move work forward on 206 acres purchased from the Department of Energy.
- The company plans to begin site suitability studies and pre-construction this year with a target to bring the first phase online by 2030.
- The electricity is intended to supply Meta’s AI data centers in the region.
- Oklo shares closed up nearly 8% Friday after rising as much as 18.6% intraday following the announcement.
- Oklo remains pre-revenue with a roughly $15 billion market value and still lacks an NRC design license or a proven full-scale Aurora reactor.