OKLO
A very nuclear kind of green light
Oklo shares popped after the company said the US Department of Energy selected it for advanced negotiations under the Surplus Plutonium Utilization Program. Translation: the government wants to talk about turning surplus plutonium into reactor fuel, and Oklo is now one of the names at the table.
Why investors care
For a company trying to build advanced nuclear reactors, fuel isn’t a side quest — it’s the main boss fight. A program like this could give Oklo a more credible path to a long-term fuel supply, which matters a lot when you’re pitching a future built on compact reactors and big promises.
The catch? This is still the “advanced negotiations” stage, not a done deal. There are plenty of security, safeguards, and material accountability hoops to jump through before anyone starts popping champagne or loading fuel.
The bigger picture
Still, this is the kind of headline that can move a stock because it nudges Oklo from abstract ambition closer to actual infrastructure. Big picture: in nuclear, access to fuel can be as important as the reactor itself — and Oklo just got a little closer to both.