nuclear-news

Inside Oklo: the $20bn nuclear start-up without any revenue.

Nuclear technology company Oklo has no revenues, no licence to operate
reactors and no binding contracts to supply power.

But this has not stopped
the Silicon Valley-based start-up from riding a wave of investor enthusiasm
that has propelled its stock market valuation above $20bn, a rise of more
than 500 per cent since the turn of the year.

The company, backed by
technology boss Sam Altman and with close ties to Donald Trump’s energy
secretary, has set ambitious targets to deliver commercial power to its
first customers in 2027, having broken ground on its pilot in Idaho last
month. Oklo, led by the husband-and-wife team Jacob and Caroline DeWitte, envisages a future powered by a new generation of small modular reactors that use liquid sodium rather than water as a coolant.

FT 22nd Oct 2025, https://www.ft.com/content/cdf09f0e-d673-41f4-8faa-fe795a2b872e

October 25, 2025 - Posted by Christina Macpherson | business and costs, USA