Overview

• The Department of Energy selected Oklo for advanced nuclear fuel line pilot projects, with the company to build and operate three fuel-fabrication facilities for its Aurora and Pluto reactors, and DOE materials indicate companies must fund construction and operations themselves.
• The Nuclear Regulatory Commission accepted Oklo’s Principal Design Criteria topical report for review in 15 days, a faster-than-typical timeline that sets a framework for subsequent licensing steps but does not confer commercial approval.
• Analyst opinions split as Barclays initiated coverage at overweight with a $146 target, while BofA cut its rating to neutral and lifted its target to $117, citing valuation, fuel-supply questions and cost uncertainties.
• Shares have surged roughly 430% year to date and more than 1,000% over 12 months, with recent volatility alongside reported insider sales by the CFO, a director and a stock gift by the CEO.
• Oklo remains pre-revenue and pre-license, recently broke ground at Idaho National Laboratory, and targets initial deployments in late 2027 to early 2028 as it adds supply-chain partnerships including a new collaboration with Sweden’s Blykalla.