Core Insights - Oklo's stock experienced a dramatic increase of 238% in 2025, reaching an all-time high of $193.84, but is currently trading 60% below that peak, raising questions about its future performance in 2026 [1][6]. Company Developments - Oklo's Aurora powerhouses, designed for fast-fission nuclear energy, aim to provide a reliable power supply for data centers, selling energy directly to consumers through long-term contracts [5]. - Despite being a pre-revenue company and not yet having completed its first reactor, Oklo's stock surged due to significant collaborations, particularly with the U.S. Department of Energy (DOE) [6]. - The DOE selected Oklo for multiple projects, including the construction of its first Aurora powerhouse at the Idaho National Laboratory in September 2025 [6]. - Oklo is involved in the DOE's advanced nuclear fuel line pilot projects, which will see the company build and operate three fuel-fabrication facilities, allowing for the recycling of used nuclear fuel [7]. - In January 2026, Oklo was chosen to construct and operate a medical radioisotope pilot facility, addressing the need for domestic production of essential medical isotopes [8]. - The company announced a $1.68 billion investment to build a fuel recycling facility in Tennessee and a $2 billion partnership with newcleo to establish fuel fabrication facilities in the U.S. [9]. - Oklo has initiated 2026 by signing an agreement with Meta to develop a 1.2 gigawatt nuclear energy campus in Ohio, with construction funded by Meta and expected to be operational by 2030 [10].