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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 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
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 (NYSE: OKLO) isn't a household name by any stretch, but the nuclear stock was popping up on investors' radars last month as it soared on related sector news.
The Aurora is being developed by Oklo Inc. [2] Oklo Inc was founded in 2014, with investors including Hydrazine Capital (founded by Sam Altman, with Peter Thiel as its sole limited partner); Facebook's co-founder, Dustin Moskovitz; Ron Conway of SV Angels; Kevin Efrusy, a technology investor at Accel Partners; Daniel Aegerter, a Swiss investor ...
Oklo (NYSE: OKLO) is well capitalized for now and can raise money at more favorable terms after hitting milestones. Stock prices used were the afternoon prices of Nov. 18, 2024. The video was ...