Overview

• The Department of Energy named Oklo one of four firms for its Advanced Nuclear Fuel Line Pilot Projects to help build and operate three fuel‑fabrication facilities for advanced reactors.
• Oklo’s stock rose 11.10% Thursday to $128.80 after the news, adding to a 51.6% September gain and roughly 500% year‑to‑date performance, according to S&P Global Market Intelligence.
• Oklo and its subsidiary Atomic Alchemy were previously selected for three projects under the DOE Reactor Pilot Program.
• The company broke ground in September on its first Aurora power plant at Idaho National Laboratory under the pilot program.
• Oklo also announced plans for a $1.68 billion fuel recycling facility in Tennessee as the first phase of an Advanced Fuel Center.