Atomic Alchemy's radioisotope production facility (Image: Hillside Architecture)
Oklo Inc. has that it has signed a letter of intent to acquire Atomic Alchemy Inc., a U.S.-based radioisotope production company. The two companies announced a strategic partnership earlier this year.
A view of Oklo’s preferred site at INL. (Photo: Oklo)
Oklo Inc. announced yesterday that it has partnered with “two major data center providers” under letters of intent (LOIs) to deliver up to 750 MW of power from multiple 15 MW or 50 MW Oklo microreactors at data centers in “select” undisclosed U.S. markets.
At INL's Fuel Conditioning Facility, spent nuclear fuel material is being recycled into fuel for Oklo's commercial Aurora Powerhouse deployment at INL. (Photo: INL)
Oklo Inc. announced yesterday that a safety design report for the Aurora fuel fabrication facility the company plans to build at Idaho National Laboratory has the approval of the Department of Energy. At the facility, Oklo plans to use high-assay low-enriched uranium (HALEU) that has been recovered from used Experimental Breeder Reactor-II fuel to produce fuel for its first planned microreactor—dubbed Aurora—which is also set for deployment at INL.
Eielson Air Force Base is shown in this screen grab from a video hosted on the base’s website. (Image: DOD)
Eielson Air Force Base in central Alaska has been the preferred location to demonstrate the benefits of microreactors to the U.S. Air Force—and by extension the Defense Department—since 2018. Now, a protracted solicitation process is nearing an end, and the Air Force and the Defense Logistics Agency Energy (DLA Energy) expect to announce a final procurement decision by the end of the summer—or about one year after Oklo Inc. announced that it had been tentatively selected to supply a microreactor under a 30-year power purchase agreement.
The North Anna nuclear power plant. (Photo: Dominion)
Dominion Energy Virginia has issued a request for proposals from leading nuclear companies to study the feasibility of putting a small modular reactor at its North Anna nuclear power plant.
While the utility says it is not a commitment to build an SMR at the site, the RFP is “an important first step in evaluating the technology and the North Anna site to support Dominion Energy customers’ future energy needs consistent with the company’s most recent Integrated Resource Plan.”
Engineers in Argonne’s Chemical and Fuel Cycle Technologies Division. (Photo: Argonne National Laboratory)
Oklo Inc. announced that it has completed the first end-to-end demonstration of its advanced fuel recycling process as part of an ongoing $5 million project in collaboration with Argonne and Idaho National Laboratories. Oklo’s goal: scaling up its fuel recycling capabilities to deploy a commercial-scale recycling facility that would increase advanced reactor fuel supplies and enhance fuel cost effectiveness for its planned sodium fast reactors.
Oklo’s Aurora Powerhouse (Image: Gensler)
California-based Oklo is partnering with Wyoming Hyperscale to power a state-of-the-art data center campus.
The companies, which announced the partnership last week, signed a nonbinding letter of intent to provide 100 megawatts of carbon-free energy for a 20-year power purchase agreement. Wyoming Hyperscale is building a data center on 58 acres of land on Aspen Mountain, a remote site southeast of Evanston, Wyo., and plans to use Oklo’s Aurora Powerhouse units to provide clean energy at the site.
Oklo Inc. (Image: Gensler)
Fast reactor developer Oklo, which recently went public on the New York Stock Exchange, announced on May 13 that it has signed a memorandum of understanding with Atomic Alchemy to cooperate on the production of radioisotopes for medical, energy, industry, and science applications.
Concept art of Oklo's Aurora Powerhouse microreactor. (Image: Gensler)
After completing its business combination with AltC Acquisition Corp, Oklo Inc. began trading on the New York Stock Exchange under the ticker symbol OKLO this past Friday, May 10.
The company is aiming to provide clean, reliable, affordable nuclear energy to customers across the artificial intelligence, data center, energy, defense, and industrial markets. Sam Altman, chairman of Oklo since 2015 and former chief executive of AltC, called the first day on the NYSE a milestone for the entire team.
Concept art of Oklo's Aurora Powerhouse in use. (Source: Oklo)
Next-generation reactor company Oklo Inc. is teaming up with Diamondback Energy Inc. to bring Oklo’s Aurora Powerhouse units to the American Southwest.
The companies signed a nonbinding letter of intent (LOI) this week to collaborate on a 20-year power purchase agreement that would provide 50 MW of electricity per unit to Diamondback’s Permian Basin operations area. The agreement lays out options to renew and extend the agreement for an additional 20-year term, since the units are designed to operate for 40 years without needing to refuel. Diamondback is an independent oil and gas company headquartered in Texas.
The primary system of THETA at Argonne’s Mechanisms Engineering Test Loop Facility, where Oklo is conducting sodium thermal-hydraulic testing with support from a GAIN award announced in 2021. (Image: Argonne National Laboratory)
The Department of Energy and the Gateway for Accelerated Innovation in Nuclear (GAIN) on March 19 announced the second round of fiscal year 2024 voucher awards to three companies: Element Factory, Kanata America, and Oklo.
A map of the potential reactor siting area (in green) at Eielson Air Force Base in Alaska provided during a pre-proposal conference in October 2022. (Graphic: Department of the Air Force)
Plans announced with fanfare sometimes falter in the face of competition or economics. Take NuScale Power’s plans for the Carbon Free Power Project in Idaho: The project was canceled in mid-November by NuScale and its first customer, Utah Associated Municipal Power Systems, after nearly a decade. The significance of that news depends on the observer. NuScale intends to focus on other sites and customers. Competitors may redouble efforts to tout their own designs and customer lists. Media found an opportunity to speculate about the future of advanced nuclear. And while many in the nuclear community believe the momentum in favor of new nuclear deployments is continuing—or even increasing as COP28 continues—others would caution against high hopes and point to the persistent obstacles of regulation, supply chain constraints, and financing costs.
Concept art of Oklo's Aurora Powerhouse plant. (Image: Gensler)
The Defense Logistics Agency Energy (DLA Energy) has selected Oklo Inc. as the pending contractor awardee to site a microreactor at Alaska’s Eielson Air Force Base, the advanced reactor firm announced this morning. Eielson is located on 63,195 acres in central Alaska, 26 miles southeast of Fairbanks.