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Oklo Inc. secured a key U.S. Department of Energy (DOE) safety approval for its advanced nuclear fuel facility, a critical step toward commercializing its small modular reactors (SMRs) to meet escalating energy demand from the technology sector.
Centrus Energy has initiated design work for a 150,000-square-foot facility in Piketon, Ohio, to support a significant expansion of its uranium enrichment capacity. This move is aimed at strengthening the domestic nuclear fuel supply chain, though its full implementation is contingent upon securing federal funding.
Oklo has been downgraded to 'Sell' following the announcement of a significant $1.5 billion at-the-market (ATM) equity program. This move introduces substantial dilution risk for existing shareholders and is expected to place a structural cap on the stock's performance due to a persistent supply overhang.
Oklo Inc. (OKLO) shares surged over 14% to approximately $110, driven by its selection for three Department of Energy (DOE) microreactor pilot programs. The rally places the company's market capitalization at $17 billion, highlighting a stark contrast with its pre-revenue status and widening operational losses, which tripled year-over-year to $36.3 million in Q3 2025.