OKLO

Oklo Inc. operates in the nuclear energy technology industry, focusing on the development of advanced fission reactors. Founded in 2013 and headquartered in Santa Clara, California, the company develops compact nuclear microreactors designed to deliver carbon-free power.

Oklo’s core activities include:

• Development of advanced fast microreactors.

• Deployment of small modular reactor (SMR) technology.

• Fuel recycling and sustainable nuclear fuel strategies.

• Long-term power purchase agreements (PPAs) with end users.

Its flagship product, the Aurora powerhouse, is designed to generate electricity for extended periods without refueling. The company targets remote communities, industrial facilities, military installations, and large-scale data centers seeking reliable, low-carbon baseload power.

Rather than selling reactors outright, Oklo’s business model centers on selling electricity directly to customers under long-term contracts. The company works closely with U.S. regulators, including the Nuclear Regulatory Commission (NRC), to advance licensing for advanced nuclear technologies.

Oklo operates primarily in the United States, with future expansion tied to global clean energy demand and decarbonization initiatives.

Oklo shares trade on the New York Stock Exchange (NYSE) under the ticker OKLO.

History and Development

Oklo was founded by MIT-trained engineers with the objective of modernizing nuclear power through smaller, advanced reactor designs. The company’s name references the natural nuclear fission reactors discovered in Oklo, Gabon.

In its early years, Oklo focused on research, reactor design, and regulatory engagement. It became one of the first companies in decades to submit a combined license application for an advanced commercial fission plant in the U.S.

The company secured site use agreements with U.S. national laboratories to demonstrate its reactor technology and continued refining its fuel recycling and microreactor design strategy.

Oklo later accessed public markets through a SPAC transaction, providing capital to support commercialization efforts.

In recent years, the company has concentrated on regulatory progress, engineering development, and positioning advanced nuclear as a scalable solution for clean, reliable energy. Today, Oklo is part of a new generation of nuclear technology firms seeking to support long-term energy transition goals through compact, carbon-free power systems.