Oklo Finalizes Agreement with the Department of Energy to Advance to the Next Phase of Siting
Oklo Inc. Class A common stock (OKLO)
Company Research
Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (NYSE: OKLO) (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, today announced the finalization of a Memorandum of Agreement (MOA) with the U.S. Department of Energy (DOE) Idaho Operations Office. This MOA grants Oklo access to conduct site investigations at its preferred site in Idaho, marking a key step toward the next phase of site preparation and construction.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240925465865/en/Landscape view of Oklo's preferred site in Idaho (Image: Idaho National Laboratory)As the only advanced fission company with a DOE site use permit, along with substantial regulatory progress and a secured fuel supply, Oklo is uniquely positioned to deploy the first commercial advanced fission power plant in the U.S. The site investigations enabled by this MOA will focus on geotechnical assessments, environmental survey
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News
- Oklo Finalizes Agreement with the Department of Energy to Advance to the Next Phase of Siting [Yahoo! Finance]Yahoo! Finance
- Oklo Inc. (NYSE: OKLO) had its price target lowered by analysts at Citigroup Inc. from $11.00 to $10.00. They now have a "neutral" rating on the stock.MarketBeat
- Oklo Inc. (NYSE: OKLO) is now covered by analysts at B. Riley. They set a "buy" rating and a $10.00 price target on the stock.MarketBeat
- Diamondback Eyes Natural Gas to Generate Power in Oil Patch [BNN Bloomberg (Canada)]BNN Bloomberg
- Diamondback Eyes Natural Gas to Generate Power in Oil Patch [Yahoo! Finance]Yahoo! Finance
OKLO
Sec Filings
- 9/19/24 - Form EFFECT
- 9/18/24 - Form 424B3
- 8/30/24 - Form S-1/A
- OKLO's page on the SEC website