The U.S. Department of Energy has chosen Oklo Inc. and four other companies to convert surplus plutonium from defense programs into fuel for advanced nuclear reactors. This initiative aims to transform Cold War-era plutonium stockpiles from a liability into a practical fuel source, accelerating deployment of next-generation reactors. Established operators like Fluor and Amentum, who manage government plutonium facilities, will support these efforts. This program diversifies nuclear fuel strategies beyond uranium mining, benefiting a wider range of companies involved in reactor development and nuclear infrastructure.
Oklo Inc has acquired ARMEC, a precision manufacturing and engineering firm with over 20 years of experience in the nuclear industry. This acquisition enhances Oklo's engineering, manufacturing, and deployment capabilities by integrating ARMEC's expe...
Oklo, a pre-revenue company focused on small modular nuclear reactors, reported zero revenue and a $73.62 million net loss in FY2024, with no commercial operations yet and a target to start power generation by late 2027 or early 2028. Despite a large...
