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Eagle Nuclear Energy (NASDAQ: NUCL) is pursuing an integrated strategy across domestic uranium and small modular reactors (SMRs). It controls the Aurora Uranium Project in Oregon, described as the largest conventional measured-and-indicated U.S. uranium resource, and has engaged Tensor Medium to support AI-based SMR simulation and optimization.
Aurora hosts 32.75 million pounds indicated and 4.98 million pounds inferred uranium resources. Eagle targets a Pre-Feasibility Study in the second half of 2027 and plans a 47-hole, ~27,000-foot drill program starting July 2026, while advancing an early-stage SMR program.
Centrus Energy (NYSE: LEU) and Oklo (NYSE: OKLO) signed a non-binding Letter of Intent for Centrus to supply enough domestic HALEU from its American Centrifuge Plant to power up to five Aurora powerhouses for multiple years, with deliveries starting in 2029.
The fuel would support Oklo's planned 1.2 GW clean energy campus in southern Ohio and may include prepayments. Centrus plans to leverage billions in private capital plus a $900 million U.S. Department of Energy HALEU task order, while both companies project thousands of construction and operating jobs in Ohio.
Oklo (NYSE: OKLO) and Standard Nuclear formed a strategic alliance under an MOU to explore nuclear fuel recycling and advanced fuel manufacturing. The collaboration targets recycled material offtake from Oklo’s planned Oak Ridge fuel recycling facility and the responsible use of U.S. surplus plutonium for advanced reactor fuel.
The alliance supports domestic nuclear fuel supply chains, potential TRISO fuel feedstock, and recovered isotopes for terrestrial, space, defense, industrial, healthcare, and research applications, aligning with U.S. policies to expand nuclear energy and critical fuel supplies.
Oklo (NYSE: OKLO) announced that the U.S. Department of Energy’s Idaho Operations Office approved the Preliminary Documented Safety Analysis (PDSA) for the Aurora powerhouse at Idaho National Laboratory under the Reactor Pilot Program.
The approval advances Aurora-INL’s safety-reviewed development, supports use of recovered EBR-II fuel, and builds experience ahead of future commercial licensing.
Oklo (NYSE: OKLO) acquired ARMEC, a precision manufacturing and mechanical engineering company in Oak Ridge, Tennessee, on June 4, 2026. ARMEC adds around 40 nuclear-experienced staff and vertically integrated machining, prototyping, fabrication, and inspection capabilities to support Oklo’s advanced reactor, fuel-manufacturing, and deployment programs.
According to Oklo, ARMEC generated positive free cash flow in its most recent fiscal year and brings established customer and supplier relationships across nuclear, energy, R&D, and defense markets, supporting Oklo’s commercialization timeline and supply-chain coordination.
Oklo (NYSE: OKLO) was selected by the U.S. Department of Energy for advanced negotiations under the Surplus Plutonium Utilization Program, which aims to convert designated surplus plutonium into fuel for advanced reactors under strict U.S. security and safeguards requirements.
Oklo, partnering with European reactor developer newcleo, plans for Oklo to lead utilization of surplus plutonium while newcleo contributes fuel expertise and potential project capital, including an investment of up to $2 billion for U.S. fuel fabrication infrastructure, subject to definitive agreements and approvals. In February 2026, newcleo began pre-application engagement with the U.S. Nuclear Regulatory Commission for an advanced fuel fabrication facility and a lead-cooled fast reactor design to support future U.S. deployment.
Oklo (NYSE: OKLO) released its first quarter 2026 financial results and business update for the period ended March 31, 2026. The company will host a conference call on May 12, 2026 at 2:00 p.m. PT / 5:00 p.m. ET.
The webcast, featuring CEO Jacob DeWitte and CFO Craig Bealmear, will be available through the investor relations Events & Presentations page and archived for 12 months.
Oklo (NYSE: OKLO) announced a Strategic Partnership Project with Battelle Energy Alliance at Idaho National Laboratory to apply the Prometheus AI platform to advanced reactor and fuel-system design.
The collaboration supports the federal Genesis Mission and development of Oklo’s Pluto reactor using AI-enabled engineering workflows.
Oklo (NYSE: OKLO) announced the U.S. Nuclear Regulatory Commission approved its Principal Design Criteria (PDC) topical report for the Aurora powerhouse in Idaho on an accelerated review schedule.
The approval permits future applications to reference the PDC, reduces re-review of established material, and was completed in less than half the traditional timeline, with acceptance notice issued in 15 days.
Oklo (NYSE: OKLO) will release first-quarter 2026 financial results after market close on Tuesday, May 12, 2026, followed by a business-update conference call at 5:00 p.m. ET / 2:00 p.m. PT.
Jacob DeWitte, CEO, and Craig Bealmear, CFO, will host. The live webcast and replay, dial-in details, meeting ID, and investor presentation will be available on Oklo’s investor website.