Oklo acquires ARMEC to strengthen nuclear supply chain and manufacturing capabilities

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 expertise in machining, prototyping, fabrication, and supply chain relationships. ARMEC had been collaborating with Oklo on nozzle manufacturing processes and recently posted positive free cash flow, which is expected to improve Oklo's margins. With $2.54 billion in cash and securities, Oklo is well-positioned to pursue further acquisitions to expand its nuclear capabilities amid growing demand from federal and commercial customers.