Overview

• Oklo received a Notice of Intent to Award from the Defense Logistics Agency Energy to design, build, own and operate its Aurora microreactor at Eielson Air Force Base under a long-term power purchase agreement.
• The fast-neutron reactor uses a liquid metal coolant and high-assay low-enriched uranium fuel to operate autonomously for up to ten years without refueling.
• The contract represents the first formal U.S. military project to adopt a commercial fast microreactor technology for enhanced energy resilience of critical infrastructure.
• Oklo’s stock price jumped nearly 28% to a record intraday high and the company announced a $400 million underwritten public offering after market close.
• The company plans to reapply to the U.S. Nuclear Regulatory Commission for an operating license late in 2025 after a denial in 2022.