Overview
- New analysis compares Oklo with Nano Nuclear Energy and finds Oklo has broader data‑center partnerships but trades at a higher, pre‑revenue valuation.
- Oklo’s Aurora is a small, sodium‑cooled fast reactor rated at roughly 15 to 75 megawatts and designed to run on recycled fuel and high‑assay low‑enriched uranium.
- Partnerships with Meta, Switch, and Equinix point to about 14 gigawatts of potential demand, which could equal roughly $4.9 billion to $11 billion in annual revenue if Oklo supplied it at stated price targets.
- The company has no operating reactors or commercial approvals, and its goal of first criticality in 2026 and initial operations in 2028 depends on licensing and fuel qualification.
- Backers and analysts cite a long runway as Bank of America estimates nuclear could reach about $10 trillion by 2050 and McKinsey tallies multi‑trillion data‑center buildouts that need steady power.