Overview

• Oklo received a Notice of Intent to Award from the Defense Logistics Agency Energy to deploy its Aurora microreactor at Eielson Air Force Base in Alaska.
• Under a long-term power purchase agreement, Oklo will design, construct, own and operate the microreactor to supply up to 75 megawatts of clean electricity and usable heat.
• Shares of Oklo surged nearly 28% to a record $67.33 on June 11, reflecting rising investor optimism about the company’s fast reactor technology.
• The project is part of the U.S. Air Force’s microreactor pilot program aimed at enhancing energy resilience at mission-critical defense installations.
• After a 2022 Nuclear Regulatory Commission operating license denial, Oklo plans to reapply in late 2025 and expects approval by 2027 to begin commercial operations.