Oklo's shares jumped 7% after the US Department of Energy selected the company for advanced talks under the Surplus Plutonium Utilization Program. This federal initiative aims to convert surplus plutonium into fuel for advanced nuclear reactors, supporting Oklo's fuel strategy amid domestic fuel supply challenges. Oklo will collaborate with European firm newcleo to develop this fuel pathway, which could help accelerate advanced reactor deployment. While the program adds fuel options, analysts note it is a long-term opportunity requiring regulatory approvals and is unlikely to change Oklo's near-term project timelines.
Oklo, a developer of advanced nuclear reactors, has been selected by the U.S. Department of Energy for negotiations under the Surplus Plutonium Utilization Program, which converts surplus plutonium into reactor fuel. This partnership, along with a po...
Oklo, an advanced nuclear start-up, saw its stock surge after being selected to join a US federal initiative that repurposes excess plutonium from the Cold War era into nuclear reactor fuel. This move highlights a novel approach to managing nuclear m...
Recent advances in the nuclear sector include positive environmental assessments and regulatory approvals for advanced reactor projects by X-energy, Oklo, and Terrestrial Energy. X-energy and Dow received a green light from the NRC for their Texas re...
