Oklo's Trading Volume Drops 29.58% to 25.34 Billion, Ranks 17th Amid Defense Contract Surge

On June 12, 2025, Oklo's trading volume reached 25.34 billion, a 29.58% decrease from the previous day, ranking 17th in the day's stock market. Oklo's stock price fell by 5.22%.

Oklo's stock price surged following the award of a contract from the Defense Department, reflecting investor optimism and confidence in the company's technology and ability to secure significant projects. The contract involves building a reactor at an air-force base in Alaska, which has been a major catalyst for the company's stock performance.

Oklo announced that it received a Notice of Intent to Award from the Defense Logistics Agency Energy to provide reliable nuclear power to the Eielson Air Force Base. The company will design, construct, own, and operate the power plant, delivering electricity and heat using its Aurora powerhouse design that can operate independently from the grid. This marks the first step in the Department of Defense taking a large role in ordering reactors from Oklo and installing them on military bases.

The U.S. Department of Defense has set a goal of quadrupling the nuclear power plant fleet to 400 GW of electric capacity by 2050 from the current ~100 GW level. The AI revolution is driving significant demand for clean energy to power AI initiatives, with necessary computing power expected to grow 10x by 2030. Oklo’s build, own, and operate business model is seen as providing long-term recurring revenues and a streamlined regulatory pathway.