Oklo Announces Proposed Acquisition of Atomic Alchemy to Expand into Radioisotope Market [Yahoo! Finance]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Yahoo! Finance
SANTA CLARA, Calif., November 14, 2024 BUSINESS WIRE )--Oklo Inc. (NYSE: OKLO) ("Oklo"), an advanced nuclear technology company, today announced it has signed a letter of intent to acquire Atomic Alchemy Inc. ("Atomic Alchemy"), a U.S.-based company specializing in the production of radioisotopes. Oklo's fast reactor and fuel recycling technologies produce valuable coproducts, such as radioisotopes, through their respective processes. The proposed acquisition builds upon the strategic partnership announced between Oklo and Atomic Alchemy earlier this year, demonstrating the opportunity to combine Oklo's power generation and fuel recycling capabilities with Atomic Alchemy's radioisotope production expertise to accelerate fuel production for Oklo's powerhouses, and to create new revenue streams from radioisotopes. Radioisotopes are essential for applications across healthcare, energy, industry, and technology and are expected to represent a $55.7 billion market opportunity by 2026, a
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News
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OKLO
Earnings
- 11/14/24 - In-Line
OKLO
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- OKLO's page on the SEC website