![[Pasted image 20250815212957.png]] Website: [oklo.com](https://oklo.com) ### Introduction Oklo Inc., founded in 2013 by Jacob DeWitte and Caroline Cochran, is an advanced nuclear technology company headquartered in Santa Clara, California. The company focuses on designing and deploying small modular reactors (SMRs) using fast fission technology to provide clean, reliable, and affordable energy on a global scale. Oklo's mission is to revolutionize energy production by leveraging inherent safety features in its designs and utilizing nuclear waste as fuel, thereby addressing both energy demands and waste management challenges. While specific employee count data is not publicly available in the latest sources, Oklo has grown into a notable player in the advanced nuclear sector. Oklo is a publicly traded company listed on the New York Stock Exchange under the ticker symbol OKLO, following a merger with AltC Acquisition Corp. announced in 2023. This transition to public status has provided the company with additional capital to accelerate its ambitious projects, positioning it as a leader in the emerging advanced nuclear reactor industry [Oklo Investor Relations](https://oklo.com/investors/overview/default.aspx). ### Key Products and Technology Oklo is primarily focused on the development of its flagship product, the Aurora Powerhouse, alongside innovations in fuel fabrication and recycling. Below are details of its key offerings: - **Aurora Powerhouse (Small Modular Reactor - Fast Reactor)** - **Technical Specifications**: Designed to generate 15-75 MWe of electrical power, depending on configuration, using a Siemens or similar power generation system. - **Fuel Type**: Utilizes high-assay low-enriched uranium (HALEU) and has the capability to use recycled nuclear waste as fuel. - **Key Differentiators**: Incorporates inherent safety features due to its fast reactor design, reducing the risk of accidents. Its compact size allows for flexible deployment, and the ability to use waste as fuel offers a unique sustainability advantage. - **Development Stage**: Under construction, with a demonstration unit planned at Idaho National Laboratory (INL). Groundbreaking occurred in September 2025, targeting commercial operations by late 2027 or early 2028. - **Target Customers**: Utilities, data centers, industrial clients, and government entities seeking reliable, low-carbon energy solutions [Oklo About](https://oklo.com/about/default.aspx). - **Fuel Fabrication and Recycling Facilities** - **Technical Specifications**: Facilities like the Aurora Fuel Fabrication Facility (A3F) at INL are designed to produce fuel for Oklo’s reactors, with plans for an Advanced Fuel Center in Tennessee for recycling used nuclear fuel. - **Fuel Type**: Focuses on HALEU and recycled nuclear materials. - **Key Differentiators**: Aims to establish a domestic supply chain for advanced nuclear fuel, reducing reliance on foreign sources and enhancing energy security. - **Development Stage**: A3F has received Nuclear Safety Design Agreement approval from the U.S. Department of Energy (DOE) as of November 2025, and is part of DOE’s Advanced Nuclear Fuel Line Pilot Projects. - **Target Customers**: Primarily Oklo’s own reactor projects, with potential to supply other advanced reactor developers [Oklo News](https://oklo.com/newsroom/news-details/2025/Oklo-Selected-by-U-S--Department-of-Energy-for-Advanced-Nuclear-Fuel-Line-Pilot-Projects/default.aspx). ### Regulatory and Licensing Status Oklo has made significant strides in regulatory engagement with the U.S. Nuclear Regulatory Commission (NRC). The company submitted the first-ever advanced fission combined license application for the Aurora Powerhouse in 2020, which was accepted and docketed by the NRC, marking a historic milestone. As of March 2025, Oklo is engaged in a Readiness Assessment with the NRC, a critical step toward submitting an updated combined license application later in the year. Additionally, Oklo holds a site use permit from the DOE for its first commercial site at INL, obtained in 2019, and has been awarded fuel for its initial reactor from the same lab. Key upcoming milestones include the completion of the combined license application process and further regulatory reviews for fuel fabrication facilities. The estimated timeline for first commercial deployment of the Aurora Powerhouse is late 2027 or early 2028, contingent on regulatory approvals and construction progress [Oklo X Posts](https://x.com/oklo), [Oklo About](https://oklo.com/about/default.aspx). ### Team and Leadership Oklo’s leadership team combines technical expertise with strategic vision in the nuclear energy sector: - **Jacob DeWitte (CEO and Co-Founder)**: A nuclear engineer with a Ph.D. from MIT, Jacob has been instrumental in driving Oklo’s innovative reactor designs and regulatory progress. He frequently represents the company in public discussions on advanced nuclear energy. - **Caroline Cochran (COO and Co-Founder)**: With a background in nuclear engineering, Caroline focuses on operational strategy and scaling Oklo’s technology for commercial deployment. - Note: Sam Altman, co-founder of OpenAI, served as an early CEO but stepped down in April 2025 to avoid potential conflicts of interest related to energy supply discussions [Wikipedia](https://en.wikipedia.org/wiki/Oklo_Inc.). Specific X handles for leadership are not verified in the available data and are therefore omitted. ### Funding and Financial Position Oklo has secured significant backing to support its development. While exact total funding figures are not fully disclosed in recent public data, the company went public via a merger with AltC Acquisition Corp. in 2023, providing substantial capital for growth. As a public company (NYSE: OKLO), its market cap and stock performance are available through financial platforms, though specific figures as of December 2025 are not detailed in the sourced materials [Oklo Investor Relations](https://oklo.com/investors/overview/default.aspx). Key strategic backers include the U.S. Department of Energy through various pilot programs and partnerships. Oklo remains in a pre-revenue stage, focusing on technology development and regulatory milestones, with plans to generate recurring revenue through long-term power sales contracts once commercial operations begin [Oklo News 2023](https://www.oklo.com/newsroom/news-details/2023/Oklo-an-Advanced-Fission-Technology-Company-to-Go-Public-via-Merger-with-AltC-Acquisition-Corp/default.aspx). ### Recent News and Developments | Date | Event | Details | |---------------|--------------------------------------------|---------------------------------------------------------------------------------------------------| | Dec 22, 2025 | Media Appearance on CNBC | CEO Jacob DeWitte discussed advanced nuclear fuel options and surplus plutonium as a bridge fuel. | | Nov 11, 2025 | DOE Approval for A3F | Nuclear Safety Design Agreement approved for Aurora Fuel Fabrication Facility at INL. | | Oct 17, 2025 | Strategic Partnership Announcement | Partnership with [[Newcleo|newcleo]] and Blykalla, including up to $2 billion planned investment from [[Newcleo|newcleo]].| | Oct 1, 2025 | DOE Selection for Fuel Pilot Projects | Selected for Advanced Nuclear Fuel Line Pilot Projects to rebuild U.S. nuclear fuel supply chain. | | Sep 23, 2025 | Groundbreaking Ceremony | Held for first Aurora Powerhouse at Idaho National Laboratory under DOE Reactor Pilot Program. | | Sep 29, 2025 | Transatlantic Partnership with Blykalla | Collaboration on technology, supply chain, and licensing with Sweden’s Blykalla AB. | | Jul 23, 2025 | Partnership with Liberty Energy | Combining nuclear, gas, and grid services for data centers and industrial customers. | | May 27, 2025 | MOU with Korea Hydro & Nuclear Power | Collaboration to leverage KHNP’s construction expertise for faster commercialization. | | Mar 24, 2025 | NRC Readiness Assessment | Engaged in key regulatory step for combined license application submission. | Sources: [Oklo News](https://oklo.com/newsroom/news-details/2025/Oklo-Selected-by-U-S--Department-of-Energy-for-Advanced-Nuclear-Fuel-Line-Pilot-Projects/default.aspx), [Oklo X Posts](https://x.com/oklo). ### Partnerships and Collaborations - **U.S. Department of Energy (DOE)**: Oklo is part of the DOE’s Reactor Pilot Program and Advanced Nuclear Fuel Line Pilot Projects, providing funding and support for reactor deployment and fuel supply chain development. This enhances Oklo’s credibility and accelerates timelines [DOE.gov](https://www.energy.gov). - **Korea Hydro & Nuclear Power (KHNP)**: Signed an MOU in May 2025 to combine Oklo’s technology with KHNP’s operational expertise, aiming to speed up commercialization. - **Blykalla AB (Sweden)**: A transatlantic partnership announced in September 2025 focuses on technology sharing, supply chain coordination, and regulatory insights, with Oklo co-leading a $5 million investment round. - **newcleo**: Part of a strategic partnership with up to $2 billion in planned investment (subject to approvals) to bolster the U.S. fuel ecosystem and expand Oklo’s capabilities. - **Liberty Energy**: Collaboration announced in July 2025 to integrate nuclear, gas, and grid services for data centers and industrial clients, addressing high-demand energy needs. - **Battelle Energy Alliance**: Partnering at INL for fuel and materials R&D, supporting commercial deployment through testing and innovation [Oklo X Posts](https://x.com/oklo). ### New Hampshire Relevance Oklo’s technology presents a potential fit for [[New Hampshire]], particularly given the state’s existing nuclear infrastructure and energy needs. [[Seabrook Station]], New Hampshire’s only nuclear power plant, provides a precedent for nuclear energy integration into the ISO-NE grid, which Oklo’s Aurora Powerhouse could complement with its smaller, modular design. The compact 15-75 MWe output is well-suited for localized grid support or powering data centers, an emerging high-demand sector in the Northeast. Regarding technology readiness, Oklo’s timeline for commercial deployment (late 2027 or early 2028) aligns with potential mid-term energy planning in New Hampshire, though it may not address immediate needs. The state’s legislative initiatives, such as HB 710, which explores advanced nuclear options and SMR provisions, align closely with Oklo’s focus on innovative reactor designs. Applications could include grid power supplementation, industrial heat for manufacturing, or dedicated power for data centers, all of which are relevant to New Hampshire’s energy profile. While Oklo has not publicly expressed specific interest in New Hampshire or the Northeast, its partnerships with entities like Liberty Energy (focused on data center solutions) suggest scalability to regions with high energy demands. Establishing connections with ISO-NE or local utilities could position Oklo as a candidate for future SMR deployment in the state. ### Competitive Position Oklo competes in the advanced nuclear sector with companies like [[NuScale Power]], [[[[TerraPower]]]], and [[[[X-energy]]]], each developing distinct SMR or advanced reactor technologies. Compared to [[NuScale Power|NuScale]], which focuses on light-water SMRs and has achieved NRC design certification, Oklo’s fast reactor design offers unique fuel recycling capabilities but faces a longer regulatory path. TerraPower, backed by Bill Gates, is advancing molten chloride fast reactors with significant funding, potentially outpacing Oklo in capital resources, though Oklo’s DOE partnerships provide a competitive edge in government support. X-energy’s high-temperature gas-cooled reactors target similar industrial applications, but Oklo’s emphasis on waste-to-fuel technology differentiates it in sustainability. Risks for Oklo include regulatory delays and the high capital costs of nuclear projects, balanced by its innovative approach and strategic collaborations. ### Closing Note Oklo is at a pivotal stage, with construction underway for its first Aurora Powerhouse and a clear trajectory toward commercial deployment by 2027-2028, supported by strong government and industry partnerships. *Report generated December 24, 2025*