Oklo and Blykalla Partner to Advance Nuclear Technology, Invest $5M in Swedish Developer

Oklo and Blykalla, a Swedish advanced small modular reactor developer, have partnered to enhance nuclear technology. Oklo will invest around $5 million in Blykalla and the two companies will share insights on advanced nuclear technology. The partnership aims to improve the safety, efficiency, and scalability of nuclear reactors. Oklo's stock rose 5.7% in early trading.

Oklo Inc. (NYSE: OKLO) and Blykalla AB, a Swedish developer of advanced small modular reactors (SMRs), have announced a strategic partnership aimed at enhancing nuclear technology. The agreement, which includes a $5 million investment by Oklo in Blykalla, focuses on technology collaboration, supply-chain coordination, and regulatory knowledge-sharing Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

Under the partnership, Oklo and Blykalla will share insights on materials, components, non-nuclear supply chain sourcing, fuel fabrication, and licensing best practices across the U.S. and Sweden. The collaboration aims to reduce costs and schedule risks, making nuclear reactors safer, more efficient, and scalable Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

This partnership is one of the first transatlantic collaborations in the advanced nuclear reactor sector. Oklo and Blykalla hope to demonstrate how advanced reactor developers can align on fuel, supply chains, and regulation to accelerate commercialization globally Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

Oklo's CEO, Jacob DeWitte, commented on the partnership, stating, "By teaming up on suppliers, materials data, and licensing insights, we can shorten critical paths to deployment and stay focused on delivering reliable, clean power to customers, while recognizing that we have more to gain from cooperating than from competing" Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

Blykalla is developing a passively safe, highly compact 55 MWe lead-cooled fast reactor, known as SEALER, based on over 25 years of research. Oklo is developing sodium-cooled fast-reactor powerhouses of up to 75 MWe, with a focus on deployment at U.S. sites to serve industrial, defense, and data-center customers Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

The partnership reflects a shared commitment to making advanced reactors a cornerstone of the clean energy transition, delivering reliable power for industry, data centers, and future electrification needs Oklo and Blykalla Form Transatlantic Partnership to Accelerate Advanced Reactor Commercialization^[1].

Oklo's stock rose 5.7% in early trading following the announcement of the partnership Oklo, Sweden's Blykalla to partner on advanced nuclear technology^[2].