Oklo IPO

Oklo is developing advanced fission power systems, specifically small modular reactors (SMRs) and microreactors designed to provide clean, reliable baseload energy. The company's Aurora powerhouse is a compact nuclear reactor that can generate 1.5 megawatts of power and is designed to operate for decades without refueling. Oklo's reactors use metallic fuel and liquid metal cooling, which enables passive safety features and the ability to consume nuclear waste as fuel, addressing both energy generation and waste management challenges.

The company targets applications including remote communities, military installations, data centers, and industrial facilities that require consistent power in locations where grid connection is expensive or unreliable. Oklo's approach involves owning and operating the reactors while selling power as a service, rather than just manufacturing and selling the technology. The company has received regulatory approval from the Department of Energy to site its reactors on Idaho National Laboratory land and is working through the Nuclear Regulatory Commission licensing process for its advanced reactor designs.