Oklo

Public (NYSE: OKLO)Founded 2013Santa Clara, California

CEO

Jacob DeWitte

Overview

Oklo is developing compact, fast-neutron fission reactors designed to provide clean, reliable, and affordable energy. Their Aurora powerhouse is a fast reactor that can recycle used nuclear fuel, addressing both energy generation and nuclear waste. Oklo's approach emphasizes factory-built simplicity, autonomous operation, and a small physical footprint — targeting data centers, remote communities, and industrial facilities.

Operations & Revenue

StatusPre-revenue

Development stage — no operational reactors. Focused on NRC licensing and securing power purchase agreements.

Pipeline & Contracts

Power Purchase Agreements

Signed LOIs and PPAs with data centers and government facilities — revenue will begin upon first reactor deployment.

DOE Fuel Access Agreements

Agreement to access used nuclear fuel from the DOE for recycling — supports future fuel supply chain.

Key Metrics

Employees

120+

Est. Annual Revenue

Pre-revenue

Total Funding

~$850M+

Market Cap

~$9.5B (2026)

Reactor Output

15 MWe (Aurora)

Main Products

Aurora Powerhouse

In Development

Compact 15 MWe fast-neutron fission reactor designed for autonomous operation and a small footprint.

Updated NRC license application filed 2025 — first unit targeted for Idaho National Laboratory, late 2020s.

Fuel Recycling

In Development

Proprietary process to recycle used nuclear fuel from conventional reactors into fresh Aurora fuel.

DOE fuel access agreement signed 2024 — developing proprietary electrochemical recycling process.

Timeline

2013Founded

Jacob DeWitte and Caroline Cochran found Oklo to commercialize advanced fission technology.

2019DOE site use permit

Receives a site use permit from the Department of Energy for Idaho National Laboratory.

2020NRC application

Submits the first advanced fission combined license application to the NRC.

2022NRC application denied

NRC denies the application citing insufficient information; Oklo regroups and refines approach.

2024Goes public via SPAC

Oklo lists on the NYSE under ticker OKLO through a merger with AltC Acquisition Corp.

2024Fuel recycling agreement

Signs agreement to access used nuclear fuel from the DOE for recycling in Aurora reactors.

2025Resubmitted NRC application

Files an updated and comprehensive license application with the NRC.

Funding

Round	Date	Amount	Investors	Source
Seed & Series A	2013–2020	$30M+	Sam Altman, Lowercase Capital, DCM Ventures
SPAC merger	2024	$307M	AltC Acquisition Corp (Sam Altman, chairman)