Oklo (OKLO): Nuclear Power’s New Heavyweight – DOE Contracts, $1.68B Fuel Plant & 400% Rally
Key Facts: - Ticker: OKLO; Sector: Advanced Nuclear/Clean Energy – a Santa Clara-based fast-fission reactor developer with a focus on fuel recycling businesswire.com oklo.com. – Market Cap ~$17B za.investing.com. – 52-week range: $8.36–$144.49 google.com; YTD return ≈+450% za.investing.com, driven by big DOE awards and nuclear/AI hype. – Went public via SPAC merger in May 2024, raising ≈$306M oklo.com; Sam Altman is Oklo’s board chairman oklo.com. – No revenue yet; burning cash on development. – Analyst consensus: Moderate “Buy” sahmcapital.com, though price targets vary widely. – Key partnerships: DOE reactor and fuel programs oklo.com reuters.com; TVA oklo.com; Siemens, Korea Hydro & Nuclear Power, Liberty Energy, ABB, Centrus oklo.com oklo.com; Swedish fast-reactor firm Blykalla oklo.com; fuel-tech firm Lightbridge reuters.com. – Major news: DOE selected Oklo for pilot reactor and fuel-line projects oklo.com reuters.com; NRC accelerated its design criteria review businesswire.com; Oklo announced a $1.68B nuclear fuel recycling center in Tennessee oklo.com reuters.com. – Technology: Developing Aurora – a 75 MWe sodium fast reactor – plus fuel recycling to turn “waste into gigawatts” oklo.com oklo.com. Oklo’s stock has been on a tear in 2025, surging roughly 400–450% this year za.investing.com. After debuting in mid-2024 around the IPO price, OKLO ran to an all-time
