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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 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.
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 ...
Oklo is a region near Franceville in the Haut-Ogooué Province of Gabon. Several natural nuclear fission reactors were discovered in the uranium mines in the region in 1972. History
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% ...
Media in category "Images of Georgia (U.S. state)" This category contains only the following file. Joseph Standing Monument.text.05.2007.JPG 1,600 × 1,200; 1.42 MB