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Oklo and Argonne Achieve Milestone in Thermal-Hydraulic Testing Campaign
AltC Acquisition AltC Acquisition (US:ALCC) Businesswire·2024-03-12 10:24

Core Insights - Oklo Inc. has successfully completed the second phase of the Thermal Hydraulic Experimental Test Article (THETA) testing campaign in collaboration with Argonne National Laboratory, focusing on the thermal-hydraulic behavior of its fast fission reactor design [1][2] - The THETA testing campaign aims to optimize reactor design and improve safety and economic potential for Oklo's fast fission technology [1][2] Company Overview - Oklo is developing fast fission power plants to provide clean, reliable, and affordable energy at scale, having received a site use permit from the U.S. Department of Energy and awarded fuel material from Idaho National Laboratory [3] - The company has submitted the first advanced fission custom combined license application to the Nuclear Regulatory Commission and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories [3] Business Combination - On July 11, 2023, Oklo announced a definitive business combination agreement with AltC Acquisition Corp., which will result in the combined company being listed on the New York Stock Exchange under the ticker symbol "OKLO" upon closing [3]