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OKLO

Oklo Inc.

https://www.oklo.com

Industry

Regulated Electric

Oklo Inc. manufactures an emission-free, megawatt-scale atomic generator. The company develops a new kind of nuclear reactor that's small, portable, waste, and carbon-negative. Oklo Inc. has a partnership with Argonne National Laboratory. The company was incorporated in 2013 and is based in Santa Clara, California.

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Oklo shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 3:45 pm

Oklo (NYSE:OKLO) reported a significant increase in quarterly losses, with Q2 adjusted losses of $(5.17) per share, compared to $(0.06) per share in the same period last year, marking an 8516.67% decrease.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 9:16 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:54 pm

Oklo reported a Q2 net loss per share attributable to common stockholders of $(5.17).

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:51 pm

Oklo Inc (NYSE:OKLO) shares are trading higher after the company announced a preferred supplier agreement with Siemens Energy for the power conversion system of its Aurora powerhouse. This strategic development is expected to result in cost savings and improved performance for Oklo's advanced fission technology.

Portfolio Pulse from Adam Eckert

August 13, 2024 | 3:52 pm

Oklo has signed a Preferred Supplier Agreement with Siemens Energy, enhancing its supply chain management. This agreement aims to improve production scalability, cost efficiency, and rapid deployment to meet growing customer demand.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 11:58 am

Oklo Inc (NYSE:OKLO) shares fell 3% to $8.41 amid a broader tech sector decline, now down about 60% from their peak of $15.70 after the IPO. The company, which went public in May through a merger with AltC Acquisition Corp, received $306 million in gross transaction proceeds to supply clean energy to various sectors. Oklo does not pay a dividend but may return value through other capital allocation programs.

Portfolio Pulse from Henry Khederian

July 25, 2024 | 9:03 pm

Oklo Inc (NYSE:OKLO) stock is trading higher after the company announced the successful demonstration of its advanced fuel recycling process. This marks a significant step in scaling up its fuel recycling capabilities, supported by a $5 million award from the U.S. Department of Energy's ONWARDS program. The technology is expected to save Oklo up to 80% on fuel costs and enhance efficiency.

Portfolio Pulse from Dylan Berman

July 17, 2024 | 5:52 pm

Oklo has successfully completed the first end-to-end demonstration of an advanced fuel recycling process in collaboration with Argonne and Idaho National Laboratories. This marks a significant step toward scaling fuel recycling capabilities and deploying a commercial-scale facility to enhance advanced reactor fuel supplies and cost-effectiveness.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 12:14 pm

Oklo has provided an update on its recent Form S-1 filing, stating that management and AltC sponsor shares remain subject to long-term lock-up agreements.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:29 pm

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