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Stock impact report

Oklo and US DOE sign MOA for planned Idaho nuclear site inspection [Yahoo! Finance]

SIEMENS AG SPONS ADR (SIEGY) 
NASDAQ:AMEX Investor Relations: siemens.com/investor
Company Research Source: Yahoo! Finance
Oklo is the only advanced fission company with a DOE site use permit. It has made substantial regulatory progress and secured a fuel supply. The MOA enables Oklo to carry out geotechnical assessments, environmental surveys and infrastructure planning at its chosen site in Idaho. The site investigations are crucial for advancing the project towards the construction stage. The company stated: “By addressing critical site preparation tasks early, Oklo is working towards a streamlined transition to construction and aims to keep the project on track for timely completion.” The MOA builds on Oklo's long-standing collaboration with the DOE and further strengthens their partnership, highlighting Oklo's dedication to moving efficiently towards commercialising its advanced fission power plant. Oklo co-founder and CEO Jacob DeWitte stated: “Our partnership with the DOE has been instrumental, beginning with the site use permit and fuel award in 2019. “Signing this MOA reflects our co Show less Read more
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