Lightbridge and Oklo Collaborate on Co-Location Initiative for Advanced Nuclear Fuel Production

Lightbridge and Oklo announce strategic collaboration to explore co-locating a fuel fabrication facility. The facility will produce advanced nuclear fuels using repurposed plutonium, aligning with US energy deployment orders. The initiative includes establishing a joint R&D hub for advanced nuclear fuel development, reducing market risk and increasing operational efficiency. The partnership aims to address nuclear waste challenges and fortify domestic energy security.

Lightbridge Corporation (Nasdaq: LTBR) and Oklo Inc. (NYSE: OKLO) have announced a strategic collaboration to explore the co-location of a Lightbridge fuel fabrication facility within Oklo’s planned advanced fuel manufacturing facility. This initiative is part of a Memorandum of Understanding (MOU) signed earlier this year and aims to accelerate the commercialization of advanced nuclear fuels.

The collaboration aligns with White House executive orders issued in May 2025, which prioritize the acceleration of U.S. nuclear energy deployment. The proposed co-located facility would support the production of advanced fuels for both fast reactors and light water reactors, leveraging repurposed plutonium from legacy materials. This initiative underscores both companies' commitment to U.S. leadership in advanced nuclear fuel manufacturing and recycling.

“We’re building the infrastructure to help fuel new nuclear development and deployment,” said Jacob DeWitte, Co-Founder and CEO of Oklo. “This collaboration supports our efforts to bolster near- and mid-term advanced reactor fuel supplies with legacy materials such as down-blended uranium and repurposed plutonium. It directly aligns with strong federal direction supporting domestic fuel independence.”

In addition to commercial fuel production, the co-located site would serve as a joint R&D hub for advanced fuel development. These capabilities align with emerging federal policy and represent a critical step toward building a robust commercial supply chain for next-generation nuclear technologies.

“This joint effort reflects a shared vision for a modern nuclear fuel cycle—one that supports both existing and advanced reactors and strengthens America’s energy resilience,” said Seth Grae, President and CEO of Lightbridge Corporation. “Together, we’re working toward a new era of U.S.-led nuclear innovation.”

The partnership between Lightbridge and Oklo is significant as it builds upon their earlier MOU and now explores co-location of Lightbridge's fuel fabrication capabilities within Oklo's planned manufacturing infrastructure. The timing of this collaboration is particularly strategic, coming just months after White House executive orders that prioritize accelerated nuclear deployment. The proposed facility would serve dual market segments—manufacturing advanced fuels for both fast reactors (Oklo's focus) and light water reactors (Lightbridge's primary market), thereby reducing market risk while maximizing operational efficiency through shared infrastructure.

The companies' combined expertise in advanced fuel development positions them favorably amid growing government support for domestic nuclear fuel independence. By utilizing legacy materials including down-blended uranium and repurposed plutonium, the partnership aims to lower fuel costs while addressing nuclear waste concerns.

This strategic collaboration between Lightbridge and Oklo represents a significant development in the advanced nuclear fuel ecosystem and aligns with federal directives to repurpose existing materials, potentially accelerating commercialization and creating substantial industry positioning.

References:
[1] https://www.ltbridge.com/news-media/press-releases/detail/447/oklo-and-lightbridge-to-evaluate-additional-co-location
[2] https://www.stocktitan.net/news/LTBR/oklo-and-lightbridge-to-evaluate-additional-co-location-xnp4s5xonb9a.html