Oklo(NYSE) OKLO

Oklo Inc. builds small nuclear power plants that provide steady electricity and heat to large industrial customers. These plants use advanced technology to turn used nuclear fuel into clean energy for data centers and factories. The company manages every step from building the reactors to selling the power directly to users.

Powering the Next Generation

• Aurora Powerhouses: Fast fission plants designed to produce 15 to 75 megawatts electric (MWe), a measure of electrical power output.
• Nuclear Fuel Recycling: Technology that converts used nuclear fuel from traditional power plants into fresh fuel for advanced reactors.
• Radioisotope Production: Systems for creating medical and industrial isotopes, which are materials used in healthcare and specialized manufacturing.
• Energy Sales: Direct supply of electricity to customers through long-term Power Purchase Agreements (PPAs) rather than selling reactor designs.

Strategic Deals and Growth

• Entered a prepayment agreement with Meta on Jan. 5, 2026, to develop a 1.2 gigawatt power campus in Ohio.
• Acquired ARMEC, LLC and Creative Engineers, Inc. in June 2026 to add precision manufacturing and chemical engineering expertise.
• Signed a letter of intent with Centrus Energy Corp. in June 2026 to secure fuel for up to five powerhouses.
• Secured a site use permit from the Department of Energy (DOE) for its first commercial powerhouse in Idaho.

Why Oklo Stands Out

Oklo differentiates itself by acting as the designer, builder, owner, and operator of its power plants. This integrated approach allows the company to manage the full lifecycle of its technology and capture recurring revenue through energy sales. The company also uses fast fission technology, which can access energy reserves in used nuclear fuel equivalent to 1.2 trillion barrels of oil.

A Look at the Numbers

• Cash, cash equivalents, and marketable debt securities totaled $3,006.3 million as of June 30, 2026.
• Revenue reached $1.2 million for the three months ended June 30, 2026, following the acquisition of engineering subsidiaries.
• Research and development expenses rose 244.2% year over year to $39.5 million for the three months ended June 30, 2026.
• The company reported a net loss of $81.6 million for the six-month period ended June 30, 2026.
• General and administrative expenses increased 106.7% year over year to $34.2 million for the three months ended June 30, 2026.

Bottom Line

Oklo has evolved from a reactor designer into an integrated energy provider focused on small-scale fission and fuel recycling. Its strategy combines advanced nuclear technology with a utility-style business model to meet the rising power demands of modern infrastructure.