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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 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 .
Oklo and Nano were up as much as 10.1% and 11.5%, respectively, before retreating, and are up 9.3% and 5.7% as of the time of writing. The upward movements come as the S&P 500 and the Nasdaq ...
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, which counts OpenAI co-founder Sam Altman among its investors, went public in May after merging with the special purpose acquisition company AltC Acquisition. The company has hit the ground ...
Although the original Oklo Mine's resources are now depleted, 17 other sites have been found in the same region that once sustained nuclear fission. Half of the reactor zones lack carbonaceous material and in these locations, cesium, rubidium, strontium and boron escaped and were lost.
Investors in other nuclear power stocks, such as NuScale, Nano Nuclear, and Oklo, will be looking at the Three Mile Island news from a different perspective. Constellation's decision to reopen the ...