Oklo Inc

We are pleased to see President Biden sign the ADVANCE Act into law, accelerating advanced nuclear technology deployment in the U.S. Benefits for Oklo could include faster licensing, reduced licensing fees, expanded DOD opportunities, streamlined siting,  enhanced fuel licensing support and more. Since 2016, Oklo has actively committed to regulatory compliance and licensing success through formal engagement with the nuclear regulator. Learn more in our detailed memo: https://lnkd.in/gpT4Q2SZ

Happy Independence Day! 🇺🇸 Today, we celebrate the freedom, unity, and resilience that define our nation. Wishes for you to enjoy a safe and wonderful 4th of July from all of us at Oklo!

"Oklo’s Aurora powerhouse will likely be one of, if not the, first small modular reactor to deploy in North America and has already built up a diverse order book." Learn more in this Reuters piece by Paul Day about Oklo's business model of selling power rather than power plant designs and how our scalable powerhouses align with our customers' needs.

Congress has passed the ADVANCE Act with overwhelming bipartisan support, marking a significant moment for U.S. nuclear energy. At Oklo, we've maintained one of the longest continuous engagements with U.S. Nuclear Regulatory Commission for advanced reactors. We proudly pioneered the custom combined license application for design, construction, and operations. This legislation supports our efforts with streamlined NRC licensing, accelerating reviews to 25 months for combined license applications, and reducing fees. It reinforces our commitment to advancing clean energy solutions in this country. Discover more about our regulatory work here: https://lnkd.in/g4WcCVEt

🔎 Oklo Fun Fact! Did you know? Our name, Oklo, pronounced "OH-kloh," is inspired by a region in Gabon, Africa, where natural nuclear fission reactions once occurred. 🌍 Learn more about us and our recent transition to a public company via a SPAC merger at oklo.com.

The International Energy Agency (IEA) predicts global energy demand for cryptocurrency and AI will double by 2026. Hear from Oklo Inc’s co-founder and CEO, Jacob DeWitte, on Yahoo Finance about the potential of Oklo's advanced fission powerhouses to provide clean, reliable, and affordable power for data centers that require constant energy.

This week, the The White House issued a fact sheet detailing recent actions taken to support the growth of both existing and new nuclear energy. Oklo is proud of our long-standing and many partnerships with the Office of Nuclear Energy, U.S. Department of Energy including fabricating fuel and having a site use permit for our first plant, and on fuel recycling.

In his recent Bloomberg TV interview, CEO Jacob DeWitte discussed how Oklo is witnessing a market demand pull as developments in artificial intelligence drive surging energy needs.

Commercial Update: Oklo is partnering with Wyoming Hyperscale to deliver 100 megawatts of power to its cutting-edge data centers. 

Oklo rang the opening bell today at the NYSE to celebrate our new listing $OKLO! With exceptionally low redemptions, >$300M in capitalization, and dedicated founders and key investors locked up for up to 3 years, we can't wait for what's next on our mission to provide clean, reliable, affordable power!