Oklo Shares Leap About 15% as House Launches Nuclear Review and DOE Advances Fuel Efforts

Overview

• Oklo rose 14.83% to close at $89.34 on Monday, marking a third straight advance.
• The House Energy Subcommittee said it will review the nuclear sector and hold a hearing focused on licensing, deployment, and implementation of recent laws.
• The Energy Department announced $2.7 billion in uranium-enrichment awards that include high-assay low-enriched uranium, a fuel crucial for next‑generation reactors.
• Oklo reported multiple DOE contracts tied to the Fuel Line Pilot and Reactor Pilot programs to build a domestic fuel supply chain for reactor testing.
• Nuclear stocks rallied alongside Oklo, including NuScale Power, as investors responded to the federal review and renewed government emphasis on nuclear power.