Oklo Engaging with U.S. Nuclear Regulatory Commission in Pre-Application Readiness Assessment
Oklo Inc. (NYSE: OKLO) is initiating a Pre-Application Readiness Assessment with the U.S. Nuclear Regulatory Commission (NRC) for its combined license application (COLA) for the Aurora Powerhouse at Idaho National Laboratory. The assessment, beginning in late March 2025, will focus on siting and environmental aspects of the application.
The company has maintained engagement with the NRC since 2016, achieving milestones including an approved quality assurance program description and advancing key licensing areas. The process benefits from the 2024 ADVANCE Act, which modernizes regulations for advanced nuclear and reduces licensing fees, with the NRC proposing a nearly 55% cut in hourly rates for advanced reactor applicants effective October 1, 2025.
Oklo plans to submit a formal COLA later this year, supporting its substantial order pipeline exceeding 14 GW.
Oklo Inc. (NYSE: OKLO) sta avviando una Valutazione di Prontezza Pre-Applicativa con la Commissione per la Regolamentazione Nucleare degli Stati Uniti (NRC) per la sua domanda di licenza combinata (COLA) per l'Aurora Powerhouse presso il Laboratorio Nazionale dell'Idaho. La valutazione, che inizierà alla fine di marzo 2025, si concentrerà sugli aspetti di localizzazione e ambientali della domanda.
L'azienda ha mantenuto un dialogo attivo con la NRC dal 2016, raggiungendo traguardi come l'approvazione della descrizione del programma di assicurazione della qualità e il progresso in aree chiave di licenza. Il processo beneficia dell'ADVANCE Act del 2024, che modernizza le normative per il nucleare avanzato e riduce le tasse di licenza, con la NRC che propone un taglio di quasi il 55% delle tariffe orarie per i richiedenti di reattori avanzati a partire dal 1° ottobre 2025.
Oklo prevede di presentare una COLA formale entro la fine di quest'anno, supportando il suo consistente portafoglio ordini che supera i 14 GW.
Oklo Inc. (NYSE: OKLO) está iniciando una Evaluación de Preparación Pre-Application con la Comisión Reguladora Nuclear de EE. UU. (NRC) para su solicitud de licencia combinada (COLA) para la Aurora Powerhouse en el Laboratorio Nacional de Idaho. La evaluación, que comenzará a finales de marzo de 2025, se centrará en los aspectos de ubicación y medio ambiente de la solicitud.
La empresa ha mantenido un compromiso con la NRC desde 2016, logrando hitos como la aprobación de la descripción del programa de aseguramiento de calidad y avanzando en áreas clave de licencias. El proceso se beneficia de la Ley ADVANCE de 2024, que moderniza las regulaciones para la energía nuclear avanzada y reduce las tarifas de licencias, con la NRC proponiendo un recorte de casi el 55% en las tarifas horarias para los solicitantes de reactores avanzados a partir del 1 de octubre de 2025.
Oklo planea presentar una COLA formal a finales de este año, apoyando su considerable cartera de pedidos que supera los 14 GW.
Oklo Inc. (NYSE: OKLO)는 미국 원자력 규제 위원회(NRC)와 함께 아이다호 국립 연구소의 아우로라 발전소에 대한 복합 라이센스 신청(COLA)을 위한 사전 신청 준비 평가를 시작합니다. 이 평가는 2025년 3월 말에 시작되며, 신청의 부지 및 환경 측면에 초점을 맞출 것입니다.
회사는 2016년부터 NRC와의 소통을 유지해왔으며, 품질 보증 프로그램 설명서의 승인 및 주요 라이센스 분야의 발전을 포함한 이정표를 달성했습니다. 이 과정은 2024년 ADVANCE 법의 혜택을 받으며, 이는 고급 원자력에 대한 규제를 현대화하고 라이센스 비용을 줄이며, NRC는 2025년 10월 1일부터 고급 원자로 신청자에 대한 시간당 요금을 거의 55% 인하할 것을 제안하고 있습니다.
Oklo는 올해 말에 공식 COLA를 제출할 계획이며, 이는 14 GW를 초과하는 상당한 주문 파이프라인을 지원합니다.
Oklo Inc. (NYSE: OKLO) lance une Évaluation de Préparation à la Demande auprès de la Commission de Réglementation Nucléaire des États-Unis (NRC) pour sa demande de licence combinée (COLA) pour la centrale Aurora au Laboratoire National de l'Idaho. L'évaluation, qui débutera fin mars 2025, se concentrera sur les aspects de localisation et environnementaux de la demande.
L'entreprise a maintenu un engagement avec la NRC depuis 2016, atteignant des étapes importantes comme l'approbation de la description du programme d'assurance qualité et le progrès dans des domaines clés de la licence. Le processus bénéficie de la loi ADVANCE de 2024, qui modernise les réglementations pour le nucléaire avancé et réduit les frais de licence, la NRC proposant une réduction de près de 55 % des tarifs horaires pour les demandeurs de réacteurs avancés à compter du 1er octobre 2025.
Oklo prévoit de soumettre une demande de COLA formelle plus tard cette année, soutenant son important portefeuille de commandes dépassant 14 GW.
Oklo Inc. (NYSE: OKLO) beginnt mit einer Vorantragsbereitschaftsbewertung bei der US-amerikanischen Nuclear Regulatory Commission (NRC) für ihren Antrag auf eine kombinierte Lizenz (COLA) für das Aurora Powerhouse im Idaho National Laboratory. Die Bewertung, die Ende März 2025 beginnen wird, konzentriert sich auf Standort- und Umweltaspekte des Antrags.
Das Unternehmen hat seit 2016 den Kontakt zur NRC aufrechterhalten und dabei Meilensteine wie die Genehmigung der Beschreibung des Qualitätssicherungsprogramms und die Fortschritte in wichtigen Lizenzbereichen erreicht. Der Prozess profitiert vom ADVANCE-Gesetz von 2024, das die Vorschriften für fortschrittliche Kernenergie modernisiert und die Lizenzgebühren senkt, wobei die NRC eine nahezu 55%ige Senkung der Stundenpreise für Antragsteller von fortschrittlichen Reaktoren ab dem 1. Oktober 2025 vorschlägt.
Oklo plant, später in diesem Jahr einen formellen COLA-Antrag einzureichen, um seine umfangreiche Auftragspipeline von über 14 GW zu unterstützen.
- Substantial order pipeline of over 14 GW demonstrates strong market demand
- Beneficial regulatory changes with 55% reduction in NRC licensing fees
- Progress in regulatory pathway with pre-application assessment approval
- Full COLA submission still pending and subject to regulatory approval
- Extended timeline for regulatory process with multiple phases of review
Insights
Oklo's engagement with the NRC for a Pre-Application Readiness Assessment represents a methodical step forward in their regulatory journey, not a breakthrough milestone. This preliminary review allows the NRC to familiarize themselves with Oklo's licensing materials before the formal application process begins in earnest, potentially streamlining future reviews.
The focus on the initial phase covering siting and environmental portions is standard procedure, with the complete COLA submission planned for later this year. While this shows regulatory progress, it's merely one stage in what remains a lengthy approval process for advanced nuclear facilities.
The mention of the 2024 ADVANCE Act's impact on licensing fees is noteworthy, with a proposed
Oklo's disclosed pipeline of more than 14 GW suggests substantial commercial interest, though the timeline for converting this pipeline into operational facilities remains uncertain. The regulatory process, even with streamlining efforts, typically extends over multiple years, meaning revenue realization remains distant.
This engagement demonstrates Oklo's systematic approach to licensing but represents an expected and incremental step rather than a material acceleration of their commercialization timeline.
Oklo's Aurora powerhouse (Image: Oklo)
The NRC will begin Oklo’s Readiness Assessment in late March 2025. This assessment is designed to specifically address the content of the first phase of Oklo’s COLA submission, which will include information on the siting and environmental portions of the application. By pre-emptively addressing the NRC’s concerns and offering an opportunity to refine submitted information, the readiness assessment helps streamline the formal review process and ensure an efficient path forward.
Oklo has been engaged with the NRC since 2016, proactively working to establish a clear regulatory pathway for its advanced nuclear technology. The company has completed extensive pre-application engagement, including securing an approved quality assurance program description and advancing key licensing areas such as safety analysis, operational programs, environmental considerations, and component classification.
“We continue making progress towards obtaining commercial licenses for next-generation nuclear technologies,” said Jacob DeWitte, co-founder and CEO of Oklo.
As a result of the 2024 ADVANCE Act, the NRC is actively working to modernize the regulatory landscape for advanced nuclear. A key component of this effort is a significant reduction in licensing fees, making regulatory processes more accessible and cost effective for advanced reactor developers. The NRC has proposed cutting the hourly rate for advanced reactor applicants by nearly
Oklo plans to submit a formal COLA later this year, with plans for follow on applications to fulfill its order pipeline of more than 14 GW.
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
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
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20250324986429/en/
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
When will Oklo's NRC Pre-Application Readiness Assessment begin for the Aurora Powerhouse?
How much will the NRC reduce licensing fees for advanced reactor applicants like OKLO?
What is the size of Oklo's current order pipeline for their advanced nuclear technology?
When did Oklo (NYSE: OKLO) begin its engagement with the NRC for regulatory approval?
