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Oklo Inc. is an advanced nuclear technology company based in Santa Clara, California. [ 1 ] [ 2 ] Founded in 2013 by Jacob DeWitte and Caroline Cochran, both graduates of the Massachusetts Institute of Technology (MIT) , the company designs compact fast reactors with the aim of providing clean, safe, and affordable energy.
After a pullback, Oklo stock jumped again to close out the month as more investors were drawn into the nuclear story, especially as Oklo is backed by Altman and Silicon Valley billionaire Peter Thiel.
Oklo is the only location where this phenomenon is known to have occurred, and consists of 16 sites with patches of centimeter-sized ore layers. There, self-sustaining nuclear fission reactions are thought to have taken place approximately 1.7 billion years ago, during the Statherian period of the Paleoproterozoic .
In Oklo’s first earnings report since going public on Aug. 13, the company reported a net loss of about $53 million for the first six months of the year, wider than the roughly $9 million loss ...
Oklo was set to receive more than $306 million in gross proceeds upon closing of the transaction, according to a release. Oklo’s business model is based on commercializing nuclear fission, the ...
In addition, it served as a headquarters and mustering area for the Georgia state militia. It served as a point of contact among the Creek Nation, the US, and the state of Georgia military and political representatives. [20] Tensions among the Upper Creek and Lower Creek towns increased with encroachment by European-American settlers in Georgia.
As of 10 a.m. ET, Constellation stock itself is up a strong 14.4%, while nuclear upstarts NuScale Power Corporation (NYSE: SMR) and Nano Nuclear Energy (NASDAQ: NNE) have gained 13% and 15% ...
Nearly 400,000 people visit the refuge each year, making it the 16th most visited refuge in the National Wildlife Refuge System. [3] It is the largest in acreage of any that is not located in a western state. In 1999, the economic impact of tourism in Charlton, Ware, and Clinch Counties in Georgia exceeded $67 million. [3]