Workflow
Oklo and Blykalla partner to boost advanced nuclear technology
Yahoo Financeยท2025-09-29 14:29

Core Insights - Oklo and Blykalla have formed a strategic partnership to advance nuclear technology and its commercialization, focusing on tech sharing, supply chain coordination, and regulatory knowledge exchange [1][2] - The collaboration aims to accelerate the commercialization of advanced nuclear reactors, which are essential for the clean energy transition [1] Partnership Details - Under their joint technology development agreement, Oklo and Blykalla will share insights on materials, components, and non-nuclear supply chain sourcing, as well as exchange licensing best practices [2] - The partnership is expected to reduce costs and mitigate schedule risks, facilitating the deployment of advanced nuclear technologies [2] Leadership Statements - Oklo's CEO Jacob DeWitte emphasized that the partnership strengthens the advanced reactor ecosystem amid rising global power demand, highlighting the benefits of cooperation over competition [3] - Blykalla's CEO Jacob Stedman noted that both companies share a practical approach to bringing advanced fission technology to market [4] Financial Commitment - The agreement includes Oklo co-leading Blykalla's next investment round with a $5 million commitment, reinforcing the collaboration to fast-track advanced nuclear commercialization [4] - Oklo may also supply select components for Blykalla's use, enhancing a vertically integrated, cross-border supply chain [4] Technology Development - Blykalla is developing a 55MW lead-cooled fast reactor called SEALER, while Oklo is working on a sodium-cooled fast reactor with capacities of up to 75MW, targeting deployment at US sites for various customers [5]