Oklo Establishes Preferred Supplier Agreement for Steam Turbine Generator Products and Services [Yahoo! Finance]
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Yahoo! Finance
recycling company, today announced a key strategic development in its supply chain management by signing a Preferred Supplier Agreement with Siemens Energy for the power conversion system of the Aurora powerhouse. This agreement underscores Oklo's ambitions to bring cost-efficient advanced fission technology to market. Building on a previously signed Memorandum of Understanding, this binding agreement marks a crucial step in Oklo's vision to enhance production scalability, cost efficiency, and rapid deployment to meet growing customer demand. Siemens Energy is a supplier of steam turbine and generator technology - rotating equipment that is part of the conventional island in small and large nuclear generation plants. Siemens Energy will supply the power conversion and supporting systems, fostering efficiencies through economies of scale. Standardizing equipment across Oklo's powerhouses is expected to result in cost savings in manufacturing, construction, operations, and maintenance
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OKLO
News
- Institutional investors may overlook Oklo Inc.'s (NYSE:OKLO) recent US$346m market cap drop as long-term gains remain positive [Yahoo! Finance]Yahoo! Finance
- Oklo Announces Date for Third Quarter 2024 Financial Results and Business Update CallBusiness Wire
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance Canada]Yahoo! Finance Canada
- Oklo CEO on nuclear energy, bitcoin peaks above $73K: Market Domination [Yahoo! Finance]Yahoo! Finance
- Oklo CEO wants to make clean nuclear energy more accessible [Yahoo! Finance Canada]Yahoo! Finance Canada
OKLO
Sec Filings
- 10/15/24 - Form 424B3
- 10/15/24 - Form 8-K
- 9/19/24 - Form EFFECT
- OKLO's page on the SEC website