Financial Data and Key Metrics Changes - Year-to-date cash used in operations is $24.9 million, with a net loss of $63.4 million, partially offset by $38.5 million in non-cash impacts [55] - Year-to-date operating loss is $37.4 million, including a one-time fair market value adjustment of $7.8 million related to earn-out shares [55] - Cash and marketable securities at the end of Q3 are $288.5 million, primarily driven by $276 million in proceeds received at deal closure [55] Business Line Data and Key Metrics Changes - Oklo signed letters of intent with two major data centers for up to 750 megawatts of power, increasing total signed agreements to 2.1 gigawatts [33][34] - The company is focused on optimizing pricing linked to fuel prices and ensuring access to supply chains to support asset deployment [35] Market Data and Key Metrics Changes - The nuclear sector received significant funding for infrastructure to supply High-Assay Low-Enriched Uranium (HALEU) [13] - 31 countries set targets to triple nuclear energy capacity by 2050, indicating strong governmental support for nuclear energy [13] Company Strategy and Development Direction - Oklo's strategy is centered on three key pillars: a customer-oriented business model, small reactor size for capital efficiency, and advanced technology leveraging liquid sodium coolant [14][16] - The company aims to build, own, and operate its powerhouses, differentiating itself from competitors who sell partially complete reactor designs [10][11] Management's Comments on Operating Environment and Future Outlook - Management sees a significant opportunity in advanced nuclear technology, especially with increasing commitments from big tech companies for reliable power [6][7] - The company anticipates a 24-month review timeline with the NRC for its first site, with plans to advance site preparation and construction activities in parallel [21][30] Other Important Information - Oklo plans to fully incorporate Atomic Alchemy via acquisition, enhancing its capabilities in radioisotope production [36][39] - The acquisition is expected to create significant value for shareholders and strengthen the U.S. radioisotope supply chain [46][50] Q&A Session Summary Question: Has the announcements from tech giants led to increased customer interest in Oklo? - Management confirmed that there has been a steady pace of acceleration in customer interest, particularly due to partnerships with major companies like Equinix [60][64] Question: How might the changing political landscape affect nuclear opportunities? - Management noted bipartisan support for nuclear energy and anticipated continued regulatory modernization, which could benefit Oklo [66][67] Question: Can you discuss the response from hyperscalers regarding reactor sizes? - Management indicated that while there is interest in larger reactors, the current focus remains on the 50-megawatt size, which aligns well with data center needs [71][74] Question: What is the potential size of the Atomic Alchemy business? - Management highlighted significant market demand for radioisotopes and the potential for near-term revenue streams from Atomic Alchemy's capabilities [75][79]

()OKLO Q3 2024 Shareholder Letter an some "We are entering an era of unprecedented energy demand-rivaled perhaps only by initial conversion to electrification over a century ago. The world is now recognizing nuclear's role in owering that future. I'm confident we'll look back on 2024 as the turning point in our mission to deliver clean, reliable, and affordable energy for all. Momentum is building every week-regulators re modernizing, bipartisan support is growing, and some of the most influential companies ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40583 Oklo Inc. (Exact name of registrant as specified in its charter) Delaware 86-2292473 (State or other jurisdiction of i ...

Company Overview - Oklo is a development-stage nuclear fission technology company focused on small modular reactors [2] - The company is backed by OpenAI CEO Sam Altman and Silicon Valley billionaire Peter Thiel [3] - Oklo currently has no revenue as it is in the development phase [2] Stock Performance - Oklo's stock surged 177.6% in October, nearly tripling in value [2] - The stock experienced two major upward phases in October [2] - Shares pulled back in early November after regulatory issues [4] Industry Developments - Microsoft signed a deal with Constellation Energy to revive a nuclear facility at Three Mile Island [3] - Alphabet announced an agreement with Kairos Power to use small modular reactors for AI data centers [3] - Amazon signed several deals for nuclear energy projects, including small modular reactors [3] Regulatory Milestones - Department of Energy approved Oklo's conceptual safety design report for its Aurora Fuel Fabrication Facility [3] - Federal Energy Regulatory Commission blocked Amazon's deal with Talen Energy's Susquehanna power plant [4] Market Sentiment - Nuclear energy is emerging as a favored power source among big tech companies and billionaire investors [2] - Investors are increasingly drawn to the nuclear energy sector, particularly companies like Oklo with high-profile backers [3] - The nuclear sector faces uncertainty, with grid reliability concerns taking precedence as power demand grows [4]

Nuclear Power Industry Overview - Nuclear power stocks are currently underperforming due to regulatory decisions, despite recent popularity [1] - The Federal Energy Regulatory Commission (FERC) denied Talen Energy's request to increase power supply to an Amazon data center from 300 MW to 480 MW [2] - This decision has caused significant stock price declines across the nuclear power sector [3][4] Company Performance - Talen Energy's stock fell 4.5% following FERC's decision [3] - Amazon's share prices dropped 1.6% on the news [3] - NuScale Power's stock decreased by 4.6%, Oklo by 6%, and Nano Nuclear Energy by 10.1% [4] - Constellation Energy lost over 10% of its market cap despite a strong Q3 earnings report [6] Business Models and Revenue - Constellation Energy generates $23.5 billion in annual revenue with 20% operating profit margins [7] - Vistra earns $14 billion annually with 21% operating profit margins [7] - NuScale, Oklo, and Nano Nuclear are focused on developing small modular reactors but currently lack operational revenue [10] Regulatory Impact - FERC's decision raises concerns about grid reliability and consumer costs, impacting the nuclear power industry [6] - The regulatory environment poses a greater threat to companies developing small modular reactors [9][10] Market Trends - Oklo's stock has more than doubled, Nano Nuclear nearly quadrupled, and NuScale almost sextupled over the past 12 months [11] - Investors are showing increased interest in taking profits due to regulatory uncertainties [11]

If you enjoyed this analysis, consider subscribing to Green Growth Giants for more coverage on decarbonisation stocks that includes top-down sectoral coverage, in-depth stock analysis, news updates, educational pieces and rankings of ETFs based on proprietary methodology.Two decarbonization stocks recently stood out for their big price movements. The first of these is the fast nuclear reactor developer Oklo (NYSE: OKLO ). Since its public listing earlier this year, the stock is up byThe profile is run by Ma ...

Oklo Today OKLO Oklo $24.84 +0.34 (+1.39%) 52-Week Range $5.35 ▼ $25.37 Price Target $10.00 Add to Watchlist Oklo NYSE: OKLO is at the forefront of developing advanced nuclear fission power plants and nuclear fuel recycling systems. In just the past month, the stock has jumped over 115%, soaring past every projection made by Oklo's analyst community. But is the accelerated rise in Oklo's stock price justified by its potential, or are investors getting caught up in the radioactive hype? With a current stock ...

AI energy needs are enormous and growing . While the current U.S. data center electricity demand accounts for about 3.5%, the AI-induced power rush is expected to increase demand considerably to 9%. Also, the U.S. is not alone in facing power issues, as many companies Are You Getting The Returns You Want? · Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market. · The Daily Prophet Report provides crucial information before the opening bell ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

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