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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.
Oklo's stock has surged as investors look to nuclear energy stocks as the next big AI trade. But the company and its competitors face several regulatory and supply-chain hurdles.
The innovative energy company is prudently evaluating its business prospects. Stock prices used were the afternoon prices of Nov. 20, 2024. The video was published on Nov. 22, 2024.
The rising computational need to develop artificial intelligence is creating a surging demand for energy.
When geologists investigated they also found products typical of a reactor. They concluded that the deposit had been in a reactor: a natural nuclear fission reactor , around 1.8 to 1.7 billion years BP – in the Paleoproterozoic Era during Precambrian times, during the Statherian period – and continued for a few hundred thousand years ...
Christopher Allen Wright (born January 15, 1965) [1] [2] is an American engineer and businessman serving as the 17th United States secretary of energy since 2025. Before his appointment, he was the CEO of Liberty Energy, North America's second largest hydraulic fracturing company, and served on the boards of Oklo Inc., a nuclear technology company, and EMX Royalty Corp., a Canadian mineral ...
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 May 1972, at the Tricastin uranium enrichment site at Pierrelatte, France, routine mass spectrometry comparing UF 6 samples from the Oklo mine showed a discrepancy in the amount of the 235 U isotope. Where the usual concentrations of 235 U were 0.72% the Oklo samples showed only 0.60%. This was a significant difference—the samples bore 17% ...