initial public offerings (IPOs) trading on American exchanges

Friday, May 24, 2024

Oklo Inc. (OKLO) began trading on the NYSE on Fri 10 May 24

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. 
Oklo plans to supply provide clean, reliable, affordable energy to customers across the artificial intelligence, data center, energy, defense, and industrial markets, among others.
  • Sector(s): Utilities
  • Industry: Utilities - Regulated Electric
  • Full Time Employees: 78
  • Incorporated in 2013 
  • Based in Santa Clara, California.
  • https://www.oklo.com
IPO: Fri 10 May 2024  after completing its business combination with AltC Acquisition Corp.


 
 

 

Oklo is working with the Idaho National Laboratory (INL) to develop the Aurora Powerhouse 
Oklo anticipates the first commercial Aurora powerhouse will be deployed in 2027. 

Oklo's Aurora powerhouse

The Aurora Powerhouse is a small, modular nuclear reactor designed by Oklo to produce clean, emission-free energy. 
It is a liquid-metal-cooled fast reactor that is designed to operate on both fresh high-assay low-enriched uranium (HALEU) and used nuclear fuel. 
The Aurora Powerhouse is intended to be low-cost, reliable, and have a small footprint.

Features:
  • Fuel: Uses recycled high-assay, low-enriched uranium (HALEU)
  • Power output: Can produce up to 50 megawatts of electricity
  • Heat: Can produce usable heat
  • Refueling: Can operate for 40 years without refueling
  • Cooling: Uses heat pipes for heat removal
  • Core: Buried underground
Applications:
  • Data centers: Can power AI, cloud, and enterprise data centers
  • Factories: Can power industrial sites
  • Communities: Can power communities facing unreliable energy supplies
  • Defense facilities: Can power bases

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