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Oklo

All articles tagged with #oklo

business2 months ago

Oklo Advances Amidst Q3 Losses and Market Attention

Oklo, a nuclear startup valued over $15 billion with no revenues yet, reported a larger-than-expected Q3 loss but announced significant progress on major projects, including a DOE-approved facility and a prototype reactor expected by July 2026. Its shares surged, driven by optimism about nuclear energy's role in powering data centers and government backing, making it a standout performer among nuclear stocks. Meanwhile, retail investors are shifting focus from meme stocks to gold, with increased trading activity in gold ETFs.

business3 months ago

Nuclear Stocks Surge Despite Recent Volatility and Industry Developments

Oklo, a nuclear power startup, experienced a significant stock decline after reaching a record high, amid ongoing developments in small modular reactors (SMRs) and mixed analyst opinions. Despite a 500% increase this year, the stock remains unprofitable with plans to commercialize its first reactor by 2028, while broader nuclear stocks also faced declines. The sector is supported by government backing and strategic partnerships, but valuation concerns persist.

business3 months ago

Oklo Stock Surges on Tennessee Announcement and Clean Energy Boom

Oklo, a nuclear startup expanding in Tennessee, has experienced a 55% increase in its stock price over five days, driven by market optimism for small reactors and their potential in powering AI. The company plans to build a nuclear fuel recycling facility in Oak Ridge, creating significant jobs and marking a major development in U.S. nuclear industry efforts to enhance fuel supply and reduce dependence on foreign sources.

business7 months ago

Oklo Gains Momentum with US Air Force Nuclear Power Contracts and Milestones

Oklo, a nuclear startup, received a price target increase to $75 following a government deal to supply nuclear reactors for the U.S. military, aligning with Trump's focus on nuclear energy and AI infrastructure. Despite a stock surge, Oklo announced a $400 million share offering, causing a slight decline. The company's efforts are supported by recent executive orders to streamline nuclear regulations, aiming to accelerate SMR deployment to power AI and data centers, with Oklo aiming to launch its first commercial reactor by 2028.

business7 months ago

Oklo Gains as U.S. Air Force Approves Nuclear Power Deal

Oklo, a nuclear startup, saw its stock soar over 26% after being selected by the U.S. Department of Defense to deploy its emerging nuclear reactor technology at Eielson Air Force Base, reflecting increased government support for advanced nuclear energy and regulatory reforms under the Trump administration. The company aims to bring its first commercial small modular reactor online by 2028, with broader implications for nuclear energy and related stocks.

world7 months ago

Oklo Advances Nuclear Power Initiatives and Funding

Oklo, a U.S. company developing micro nuclear reactors, is close to securing a power purchase agreement with the US Air Force for a pilot reactor at Eielson Air Force Base in Alaska, producing up to 75 MW of electricity and heat. The deal is not final yet, and Oklo plans to reapply for an NRC operating license in 2025, aiming for approval in 2027. The project has faced regulatory and proliferation concerns, but it aligns with recent U.S. government efforts to boost small nuclear reactors for military and energy use.