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Oklo Stock Surges on Defense Department Nuclear Contract
Oklo Stock Surges on Defense Department Nuclear Contract
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Oklo''s stock has skyrocketed 523% over the past year, with a 29% single-day jump following a pivotal Notice of Intent to Award from the Defense Logistics Agency Energy. The U.S. Air Force and Department of Defense selected Oklo to deploy its Aurora nuclear powerhouse at Alaska''s Eielson Air Force Base, signaling a strategic shift toward decentralized energy for military operations.
The deal positions Oklo as a critical infrastructure partner, with the company responsible for designing, building, and operating the off-grid reactor. This aligns with the Pentagon''s ambitious plan to quadruple nuclear capacity by 2050. The Aurora system''s grid independence makes it particularly valuable for remote installations.
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