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About OKLO20260206P75
Electric Utilities
Oklo Inc., incorporated in Delaware on February 1, 2021, operates through its subsidiary Oklo Technologies, Inc., established on July 3, 2013, focusing on developing advanced rapid fission power plants to provide clean, reliable and affordable energy at scale. The company's flagship product line, the "Aurora" power plant, is designed to generate 15 – 75 megawatts of electricity (MWE) that can be expanded to more than 100 megawatts using fresh or recycled nuclear fuel. By commercializing the proven fast reactor technology originally demonstrated by the US government's experimental Breeder Reactor-II (EBR-II), Oklo aims to revolutionize the energy sector through its build-own-operate model, selling electricity directly to customers in the form of electricity and heat. In addition to energy production, Oklo is pioneering nuclear fuel recycling technology that converts nuclear waste into reusable fuel, helping to unlock a large amount of untapped energy in the more than 90,000 metric tons of used nuclear fuel stored in the United States — equivalent to about 1.2 trillion barrels of oil. Through its innovative reactor design and closed fuel cycle approach, Oklo seeks to redefine sustainable energy generation and reduce global dependence on fossil fuels.
