Oklo

Sen. Edward Markey (D-Mass.) said this week a potential conflict of interest exists between Energy Secretary Chris Wright and Oklo, a company where Wright previously served on the board of directors.  Markey, a frequent nuclear critic, voiced his concerns to President Donald Trump in a letter Tuesday. Markey posed several questions to the White House […]

Oklo held a groundbreaking ceremony Monday at the Department of Energy’s Idaho National Laboratory to mark the start of work for its first Aurora powerhouse project. “This opportunity positions us to build our first plant more quickly,” Oklo CEO and co-founder Jacob DeWitte said in a Monday press release. “We have been working with the […]

Oklo announced Thursday it will build and operate a $1.68 billion nuclear fuel recycling facility that could employ 800 people at the Department of Energy’s Oak Ridge Site in Tennessee.  The fuel facility is the first phase of an advanced fuel center supporting recycling and fuel fabrication, according to Oklo’s Thursday press release. The facility […]

Oklo announced Thursday it will build and operate a $1.68 billion nuclear fuel recycling facility that could employ 800 people at the Department of Energy’s Oak Ridge Site in Tennessee.  The fuel facility is the first phase of an advanced fuel center supporting recycling and fuel fabrication, according to Oklo’s Thursday press release. The facility […]

Santa Clara, Calif. based Oklo, experienced a net loss of $28 million or $0.18 per share in its second quarter that ended June 30.  In the second quarter of 2024, Oklo had a net operating loss of $17.7 million and a $0.27 loss per share. Oklo announced its quarterly earnings on Monday Aug. 11. Oklo […]

The Nuclear Regulatory Commission approved a license amendment for Urenco USA’s enrichment facility in New Mexico, the agency said on LinkedIn Thursday. The approval allows Urenco to produce higher-enriched uranium-235 to fuel advanced reactors. “We first gave Urenco permission to start making higher-enriched U-235 last December,” the post said. “Our most recent approval lifts the […]

Santa Clara, Calif. based advanced nuclear technology company Oklo will report its second quarter financial results on Aug. 11 in an earnings conference call at 5:00 p.m. Eastern Time. Oklo, which was the first company to receive a site use permit from the Department of Energy for a commercial advanced nuclear plant, will report its […]

Oklo has recently entered into two energy-based agreements that utilize its advanced nuclear Aurora powerhouse, one involves teaming up with an oilfield services company that was founded by now Energy Secretary Chris Wright. The Santa Clara, Calif. based advanced nuclear company announced a strategic partnership with Liberty Energy, an oil-based services company headquartered in Denver, […]

Oklo has recently entered into two energy-based agreements that utilize its advanced nuclear Aurora powerhouse, one involves teaming up with an oilfield services company. The Santa Clara, Calif. based advanced nuclear company announced a strategic partnership with Liberty Energy, an oil-based services company headquartered in Denver, Colo., to accelerate integrated power solutions for large, high-demand […]

Oklo has completed its Nuclear Regulatory Commission pre-readiness assessment of Phase 1 of the combined license application for its Aurora project at Idaho National Laboratory. The Santa Clara, Calif. based advanced nuclear company, has been working with NRC on the application since 2016. The company intends to submit its full combined license application to the […]

Oklo has selected Kiewit Nuclear Solutions to lead construction of its first commercial Aurora nuclear powerhouse at the Department of Energy’s Idaho National Laboratory (INL). Kiewit Nuclear Solutions., a subsidiary of Kiewit Corporation, will support the design and construction of the Aurora powerhouse at INL under a master services agreement, according to Oklo’s Tuesday press […]

Oklo has selected Kiewit Nuclear Solutions to lead construction of its first commercial Aurora nuclear powerhouse at the Department of Energy’s Idaho National Laboratory (INL). Kiewit Nuclear Solutions., a subsidiary of Kiewit Corporation, will support the design and construction of the Aurora powerhouse at INL under a master services agreement, according to Oklo’s Tuesday press […]

Oklo’s subsidiary Atomic Alchemy has begun site characterization work for a potential radioisotope production facility at the Department of Energy’s Idaho National Laboratory. The Santa Clara, Calif. based advanced nuclear technology company Oklo made the announcement in a Tuesday press release. Its subsidiary, Atomic Alchemy, is based in Idaho Falls, Idaho and focuses on providing […]

Oklo’s subsidiary Atomic Alchemy has begun site characterization work for a potential radioisotope production facility at the Department of Energy’s Idaho National Laboratory. The Santa Clara, Calif. based advanced nuclear technology company Oklo made the announcement in a Tuesday press release. Its subsidiary, Atomic Alchemy, is based in Idaho Falls, Idaho and focuses on providing […]

President Donald Trump’s executive orders announced Friday May 23 are designed to spark a resurgence of nuclear plant construction in the United States, and the reaction to the news fell along predictable lines. A former chair of the Nuclear Regulatory Commission (NRC) between 2009 and 2012, Gregory Jaczko, said the regulatory process is not why […]

Oklo announced this week it has entered into a memorandum of understanding with Korea Hydro and Nuclear Power to collaborate for future advanced nuclear projects.  Under the MOU, the two companies plan to explore opportunities to jointly progress the standard design development and verification of Oklo’s planned Aurora Powerhouse, according to Oklo’s Tuesday press release. […]

President Donald Trump’s executive orders announced Friday May 23 are designed to spark a resurgence of nuclear plant construction in the United States, and the reaction to the news fell along predictable lines. A former chair of the Nuclear Regulatory Commission (NRC) between 2009 and 2012, Gregory Jaczko, said the regulatory process is not why […]

Sam Altman, co-founder and chief executive officer of OpenAI, is stepping down as chairman of the board of nuclear power company Oklo, according to a company statement Wednesday. Jacob DeWitte, Oklo CEO and co-founder, will serve as chairman and board member in Altman’s place. “As Oklo explores strategic partnerships to deploy clean energy at scale, […]

Sam Altman, co-founder and chief executive officer of OpenAI, is stepping down as chairman of the board of nuclear power company Oklo, according to a company statement Wednesday. Jacob DeWitte, Oklo CEO and co-founder, will serve as chairman and board member in Altman’s place. “As Oklo explores strategic partnerships to deploy clean energy at scale, […]

Sam Altman, co-founder and chief executive officer of OpenAI, is stepping down as chairman of the board of nuclear power company Oklo, according to a company statement Wednesday. Jacob DeWitte, Oklo CEO and co-founder, will serve as chairman and board member in Altman’s place. “As Oklo explores strategic partnerships to deploy clean energy at scale, […]

Sam Altman, co-founder and chief executive officer of OpenAI, is stepping down as chairman of the board of nuclear power company Oklo, according to a company statement Wednesday. Jacob DeWitte, Oklo CEO and co-founder, will serve as chairman and board member in Altman’s place. “As Oklo explores strategic partnerships to deploy clean energy at scale, […]

The Department of Energy’s Idaho National Laboratory is shopping around for industry partners to invest between $5 million and $10 million in an “incubator” for startup businesses aimed at areas such as nuclear energy and cyber security. In exchange for the seed investment, the startups would gain access to Idaho National Laboratory’s “world-class facilities and […]

Oklo, Inc., an advanced nuclear energy company, said this week it plans to have its first commercial Aurora Powerhouse deployed in late 2027 to early 2028. California-based Oklo released its fiscal year 2024 financial results and business update presentation on Monday. Last week the company finalized an agreement with the Department of Energy’s Idaho National […]

Oklo, Inc., an advanced nuclear energy company, said Monday that it plans to have its first commercial Aurora Powerhouse deployed in late 2027 to early 2028. Oklo released its fiscal year 2024 financial results and business update presentation on Monday. Last week, the company finalized an agreement with the Department of Energy’s Idaho National Laboratory […]

Nuclear power company Oklo, chaired by OpenAI CEO Sam Altman, started trading on the New York Stock Exchange last week, dropped 54% directly after going public and rebounded to more than half of its initial offering price by market close on Thursday. Shares opened the day May 10 at $15.50 each and fell to $8.45 […]

A public-private joint venture to use spent nuclear fuel to power micro reactors received a $4 million grant from the U.S. Department of Energy’s Advanced Research Projects Agency — Energy, the agency announced recently.  The venture consists of Oklo Inc. of Santa Clara, Calif., Deep Isolation of Berkeley, Calif., and the national laboratories at Argonne […]

A public-private joint venture to use spent nuclear fuel to power micro reactors received a $4 million grant from the U.S. Department of Energy’s Advanced Research Projects Agency — Energy, the agency announced recently.  The venture consists of Oklo Inc. of Santa Clara, Calif., Deep Isolation of Berkeley, Calif., and the national laboratories at Argonne […]

In a blow to advanced nuclear company Oklo, the Nuclear Regulatory Commission this week denied the company’s proposed modular reactor project, saying that it failed to properly address several key topics during the application process. Oklo’s application for its Aurora fast reactor “continues to contain significant information gaps in its description of Aurora’s potential accidents […]