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Oklo Inc. (OKLO) Hit a Fresh High Following Newcleo Agreement
Yahoo Finance· 2025-10-21 06:12
The share price of Oklo Inc. (NYSE:OKLO) surged by 11.03% between October 10 and October 17, 2025, putting it among the Energy Stocks that Gained the Most This Week. Oklo Inc. (OKLO) Hit a Fresh High Following Newcleo Agreement dan-meyers-xXbQIrWH2_A-unsplash Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. Oklo Inc. (NYSE:OKLO) continued to rally this week after the ...
Oklo Stock Is Up Over 650% This Year, and the Nuclear Powerhouse Just Announced a New $2 Billion Partnership. Time to Buy?
Yahoo Finance· 2025-10-17 21:18
Core Insights - Oklo's stock has surged by 664% in 2025, reflecting a significant increase in interest in nuclear energy stocks [1] - The company has entered a $2 billion partnership with newcleo to develop advanced nuclear fuel fabrication and manufacturing infrastructure in the U.S. [1][3] Group 1: Partnership Details - The partnership with newcleo is a transatlantic collaboration, indicating international support and potential co-investment from Sweden's Blykalla [3] - The primary goal of the partnership is to repurpose surplus plutonium into fuel for nuclear reactors, addressing the need for stable energy sources [4] Group 2: Market Context - The rising demand for steady power from AI data centers and government initiatives to quadruple nuclear energy capacity by 2050 are driving interest in nuclear energy [4] - Oklo is developing modular nuclear power plants called Aurora powerhouses, which can utilize both enriched uranium and plutonium-based fuels [5][6] Group 3: Strategic Alignment - The partnership aligns with the U.S. government's energy security goals, as highlighted by Secretary of the Interior Doug Burgum [7] - Oklo's focus on fuel recycling and the development of a large recycling facility in Tennessee complements newcleo's work on advanced modular reactors [7]