Overview

• Shares jumped to fresh highs during Friday trading, extending a multi-week surge that accelerated after U.S.–U.K. tech-policy headlines lifted nuclear names, though reporting noted limited direct benefits for Oklo.
• The company outlined a $1.68 billion privately funded fuel-recycling facility in Oak Ridge, Tennessee, intended to produce fast‑reactor fuel in the early 2030s.
• Oklo said it completed a licensing project for the facility with the Nuclear Regulatory Commission and is in pre-application engagement with NRC staff.
• Benzinga reported new collaborations with Lightbridge and ABB, alongside Oklo’s selection for three projects under the Department of Energy’s Reactor Pilot Program.
• Bank of America’s Dimple Gosai reiterated a Buy rating with a $92 target, citing a roughly 14 GW SMR pipeline with about 12 GW tied to hyperscaler Switch, while other commentary cautioned profitability may not arrive before 2030.