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Oklo Appoints Two New Board Members Following Chris Wright’s Confirmation as U.S. Secretary of Energy

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Oklo Inc. (NYSE: OKLO) has announced key changes to its Board of Directors following Chris Wright's departure after his confirmation as U.S. Secretary of Energy. The advanced nuclear technology company has appointed Daniel Poneman and Michael Thompson as new Board Directors, bringing extensive experience in nuclear technology and technology financing.

The appointments align with Oklo's strategic focus on advancing the large-scale deployment of Aurora powerhouses, nuclear fuel recycling, and radioisotope production facilities. The company's leadership, including CEO Jacob DeWitte and COO Caroline Cochran, emphasized how the new directors' expertise will support Oklo's mission to address growing global energy needs through advanced fission technologies.

Oklo Inc. (NYSE: OKLO) ha annunciato importanti cambiamenti nel suo Consiglio di Amministrazione dopo la partenza di Chris Wright, avvenuta a seguito della sua nomina a Segretario dell'Energia degli Stati Uniti. L'azienda specializzata in tecnologia nucleare avanzata ha nominato Daniel Poneman e Michael Thompson come nuovi membri del Consiglio, portando una vasta esperienza nel settore della tecnologia nucleare e del finanziamento tecnologico.

Le nuove nomine sono in linea con il focus strategico di Oklo sull'avanzamento della distribuzione su larga scala delle centrali Aurora, del riciclo del combustibile nucleare e delle strutture di produzione di radioisotopi. La leadership dell'azienda, inclusi il CEO Jacob DeWitte e il COO Caroline Cochran, ha sottolineato come l'expertise dei nuovi direttori supporterà la missione di Oklo di affrontare le crescenti esigenze energetiche globali attraverso tecnologie di fissione avanzate.

Oklo Inc. (NYSE: OKLO) ha anunciado cambios clave en su Junta Directiva tras la salida de Chris Wright después de su confirmación como Secretario de Energía de EE. UU. La empresa de tecnología nuclear avanzada ha nombrado a Daniel Poneman y Michael Thompson como nuevos Directores de la Junta, aportando una amplia experiencia en tecnología nuclear y financiamiento tecnológico.

Los nombramientos están alineados con el enfoque estratégico de Oklo en avanzar en el despliegue a gran escala de las centrales Aurora, el reciclaje de combustible nuclear y las instalaciones de producción de radioisótopos. El liderazgo de la empresa, incluyendo al CEO Jacob DeWitte y la COO Caroline Cochran, enfatizó cómo la experiencia de los nuevos directores apoyará la misión de Oklo de abordar las crecientes necesidades energéticas globales mediante tecnologías de fisión avanzadas.

Oklo Inc. (NYSE: OKLO)는 Chris Wright가 미국 에너지 장관으로 임명된 후 이사회에 주요 변화를 발표했습니다. 첨단 핵 기술 회사인 Oklo는 Daniel PonemanMichael Thompson을 새로운 이사로 임명하여 핵 기술 및 기술 금융 분야에서 풍부한 경험을 더했습니다.

이번 임명은 Aurora 발전소의 대규모 배치, 핵 연료 재활용 및 방사성 동위원소 생산 시설 발전에 대한 Oklo의 전략적 초점과 일치합니다. CEO Jacob DeWitte와 COO Caroline Cochran을 포함한 회사의 리더십은 새로운 이사들의 전문성이 Oklo의 고급 핵분열 기술을 통해 증가하는 전 세계 에너지 수요를 해결하는 사명을 지원할 것이라고 강조했습니다.

Oklo Inc. (NYSE: OKLO) a annoncé des changements clés dans son Conseil d'Administration suite au départ de Chris Wright après sa confirmation en tant que Secrétaire à l'Énergie des États-Unis. L'entreprise de technologie nucléaire avancée a nommé Daniel Poneman et Michael Thompson comme nouveaux Administrateurs, apportant une vaste expérience en technologie nucléaire et en financement technologique.

Ces nominations s'inscrivent dans la stratégie d'Oklo visant à promouvoir le déploiement à grande échelle des centrales Aurora, le recyclage du combustible nucléaire et la production de radioisotopes. La direction de l'entreprise, y compris le PDG Jacob DeWitte et la COO Caroline Cochran, a souligné comment l'expertise des nouveaux directeurs soutiendra la mission d'Oklo d'aborder les besoins énergétiques mondiaux croissants grâce à des technologies de fission avancées.

Oklo Inc. (NYSE: OKLO) hat nach dem Rücktritt von Chris Wright als US-Energieminister wichtige Veränderungen im Vorstand angekündigt. Das Unternehmen für fortschrittliche Kerntechnologie hat Daniel Poneman und Michael Thompson als neue Vorstandsmitglieder ernannt, die umfangreiche Erfahrungen in der Kerntechnik und der Technologiefinanzierung mitbringen.

Die Ernennungen stehen im Einklang mit Oklos strategischem Fokus auf den großflächigen Einsatz von Aurora-Kraftwerken, die Wiederaufbereitung von Kernbrennstoffen und die Produktion von Radioisotopen. Die Unternehmensführung, darunter CEO Jacob DeWitte und COO Caroline Cochran, betonte, wie die Expertise der neuen Direktoren Oklos Mission unterstützen wird, den wachsenden globalen Energiebedarf durch fortschrittliche Fissionstechnologien zu decken.

Positive
  • Appointment of two experienced board members with expertise in nuclear technology and financing
  • Strategic connection to government through former board member becoming U.S. Secretary of Energy
  • Clear focus on three revenue streams: Aurora powerhouses, nuclear fuel recycling, and radioisotope production
Negative
  • Loss of board member Chris Wright to government position
  • Appointments follow Chris Wright’s departure from Oklo’s Board after his confirmation as U.S. Secretary of Energy.
  • Oklo welcomes Daniel Poneman and Michael Thompson as new Board Directors.
  • New board members bring decades of experience in the nuclear, hard tech, and financial sectors.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has appointed Daniel Poneman and Michael Thompson to its Board of Directors. Their addition strengthens the company’s leadership team with deep expertise in nuclear technology and technology financing.

Daniel B. Poneman

Daniel B. Poneman

“We welcome Daniel and Michael to our Board of Directors,” said Oklo Co-founder and CEO Jacob DeWitte. “Their extensive experience and passion for our mission will be helpful as we work to advance the large-scale deployment of Oklo Aurora powerhouses, nuclear fuel recycling, and the development of our radioisotope production facilities.”

​“Nuclear energy needs to play a major role in meeting the world's growing energy needs,” said Caroline Cochran, Co-Founder and COO of Oklo. “We are developing advanced fission technologies to deliver on its potential, and the expertise of Daniel and Michael will help us achieve our goals.”​

About the New Board Members

Daniel B. Poneman has decades of experience in the U.S. nuclear industry across both public and private sectors. He served as Deputy Secretary of Energy at the U.S. Department of Energy from 2009 to 2014. Mr. Poneman later became President and CEO of Centrus Energy Corp. from 2015 to 2023, where he played a key role in launching the first U.S.-technology enabled domestic uranium enrichment production since 1954.

Michael Thompson has over 25 years of experience investing in and advising technology companies. Since 2017, he has served as CEO and Managing Partner of Reinvent Capital, a private investment fund focused on technology. Prior to that, he was the Founder and Managing Director of BHR-Capital, a New York-based hedge fund.

Mr. Poneman will serve on the Nominating & Governance Committee, and Mr. Thompson will serve on the Audit Committee of Oklo’s Board.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.

Forward-Looking Statements

This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “can,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, the benefits of the proposed acquisition, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the potential need for financing to construct plants; market, financial, political and legal conditions; the effects of competition; risks related to accessing HALEU and recycled fuels; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations; the outcome of any government and regulatory proceedings and investigations and inquiries; the risk that the acquisition of Atomic Alchemy fails to produce the expected benefits; and those factors in the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Media and Investor Contact for Oklo:

Bonita Chester, Head of Communications and Media at media@oklo.com

Investor Contact:

Sam Doane, Director of Investor Relations at investors@oklo.com

Source: Oklo Inc.

FAQ

Who are the new board members appointed to Oklo (NYSE: OKLO) in 2025?

Daniel Poneman and Michael Thompson were appointed as new Board Directors at Oklo, bringing expertise in nuclear technology and technology financing.

Why did Chris Wright leave Oklo's Board of Directors?

Chris Wright left Oklo's Board after being confirmed as the U.S. Secretary of Energy.

What are Oklo's main development focus areas mentioned in the 2025 announcement?

Oklo is focusing on Aurora powerhouses deployment, nuclear fuel recycling, and radioisotope production facilities development.

What is Oklo's strategy for addressing global energy needs?

Oklo is developing advanced fission technologies to meet growing world energy needs through nuclear power solutions.
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