Major Partnership Agreements
Oklo Inc. secured significant partnerships, including a 12-gigawatt master power agreement with Switch and a 500-megawatt partnership with Equinix, indicating strong demand for its nuclear solutions.
Regulatory and Technological Advances
Progress on the Aurora Powerhouse project at Idaho National Lab, including key DOE approvals and an environmental compliance permit secured. Oklo Inc. has secured high assay low enriched uranium (HALEU) fuel for its first deployment.
Strategic Acquisitions and Expansions
Completed the acquisition of Atomic Alchemy, expanding into the radioisotope market which is projected to exceed $55 billion by 2026.
Financial Position and Growth
Oklo Inc. reported a cash and marketable securities balance of $275.3 million, driven by proceeds from a business combination, and generated $7.7 million in interest income.
Increased Power Output Capability
Expanded powerhouse offering to support up to 75 megawatts of power output, enhancing flexibility and customer service.