Oklo's Trading Volume Drops 40.57% to 2.43 Billion, Ranks 481st Amid DOD Microreactor Contract

Generated by AI AgentAinvest Market Brief
Thursday, Apr 10, 2025 8:21 pm ET1min read

On April 10, 2025, Oklo's trading volume reached 2.43 billion, a 40.57% decrease from the previous day, ranking 481st in the day's stock market.

(OKLO) shares fell by 5.65%.

Oklo Inc. has been selected by the Department of Defense (DOD) as one of the companies eligible to provide microreactor power systems for military bases. This selection is part of the Advanced Nuclear Power for Installations (ANPI) program, which aims to design and build fixed on-site microreactor nuclear power systems on select military installations. The DOD chose eight companies, including Oklo, to demonstrate the ability to deliver reliable nuclear power. This program is seen as a critical step in achieving energy dominance for the U.S. military, leveraging advancements in nuclear technology from the commercial sector.

Oklo is now eligible to receive Other Transaction awards, allowing it to provide commercially available dual-use microreactor technology at various DOD installations. This selection highlights the significant private investment in nuclear technology and the U.S. military's commitment to maintaining its advantage in this area. The program is expected to have a positive impact on energy security stocks and may propel small-cap energy stocks higher.

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