TLDR
- Oklo Inc stock reached an all-time high of $144.60, pushing market cap to $20.5 billion with stock up 1,230% over one year
- U.S. Department of Energy selected Oklo for Advanced Nuclear Fuel Line Pilot Projects with goal to demonstrate reactor criticality by July 4, 2026
- Nuclear Regulatory Commission accepted Oklo’s Principal Design Criteria for expedited review in just 15 days, with draft evaluation expected by early 2026
- Company secured strategic partnership with Swedish firm Blykalla AB including $5 million investment commitment for technology collaboration
- Oklo broke ground on first Aurora-model reactor at Idaho National Laboratory and raised over $540 million through secondary stock offering in June
Oklo Inc stock hit an all-time high of $144.60 last month. The company now holds a market capitalization of $20.5 billion.
The stock has climbed 1,230% over the past year. Recent performance shows a 9.31% increase in the past week alone.
Over six months, shares have jumped 543%. The company develops next-generation nuclear reactors.
President Donald Trump issued an executive order in May supporting advanced nuclear technology. The order focused on deploying nuclear reactors for national security and AI infrastructure needs.
Oklo specializes in advanced reactor technologies. The stock gained further momentum when Trump signed the nuclear-supporting bill into law in July.
The company remains pre-revenue. Operating expenses approached $46 million in the first half of this year.
The bottom-line loss reached $34 million during the same period. Cash burn runs around $53 million annually.
Federal Support and Project Timeline
The U.S. Department of Energy selected Oklo and its Atomic Alchemy subsidiary in mid-August. The selection covers three reactor pilot projects under the Advanced Nuclear Fuel Line Pilot Projects initiative.
The DOE wants to demonstrate criticality in three test reactors by July 4, 2026. This timeline accelerates permitting, construction, and operation of nuclear facilities.
The Nuclear Regulatory Commission accepted Oklo’s Principal Design Criteria for review. The acceptance happened in 15 days instead of the usual timeline.
A draft evaluation is expected by early 2026. The Aurora reactor design still needs regulatory approval before commercial operation.
Recent Partnerships and Expansion
Oklo signed a memorandum of understanding with ABB in August. The European engineering firm will help build a digital monitoring room at Oklo’s California headquarters.
The company broke ground on its first Aurora-model powerhouse. The facility is located at the Idaho National Laboratory.
Oklo formed a strategic partnership with Swedish company Blykalla AB. The deal includes a $5 million investment commitment.
The partnership focuses on technology collaboration and regulatory knowledge-sharing. Both companies will share insights on materials, components, and fuel fabrication.
The agreement covers licensing best practices in both the U.S. and Sweden. This partnership strengthens transatlantic collaboration in advanced nuclear commercialization.
Oklo raised over $540 million through a secondary stock offering in June. The funds provide additional runway for project development.
The trailing price-to-book ratio exceeds 23 at current levels. Analyst price targets range from $14 to $150 per share.
The stock currently trades at levels some analysts consider overvalued. The company’s market cap of $20.5 billion exceeds revenue-generating competitor NuScale Power’s $5 billion valuation by over four times.
