Oklo Expects First Aurora Powerhouse To Be Operational By 2027; Says It Remains On Target To Meet FY24 Operating Loss Estimate Of $(40)M - $(50)M
Portfolio Pulse from Benzinga Newsdesk
Oklo expects its first Aurora Powerhouse to be operational by 2027 and remains on target to meet its FY24 operating loss estimate of $(40)M - $(50)M.

August 13, 2024 | 8:54 pm
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Oklo expects its first Aurora Powerhouse to be operational by 2027 and remains on target to meet its FY24 operating loss estimate of $(40)M - $(50)M.
The announcement of the Aurora Powerhouse becoming operational by 2027 is a positive long-term development for Oklo, indicating progress in their projects. However, the short-term impact is neutral to slightly positive as the company remains on target to meet its FY24 operating loss estimate, which aligns with investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100