Oklo Stock Surges 9.2% on DOE Nuclear Initiative Despite Quarterly Loss
Oklo shares rallied sharply Tuesday, closing up 9.2% after the Department of Energy selected the nuclear startup for a federal advanced reactor program. The gains came despite the company reporting a $24.7 million quarterly loss.
The DOE initiative aims to deploy at least three operational reactors at national laboratories by mid-2026—a more aggressive timeline than Oklo's projected 2027-2028 commercialization target. Investors interpreted the selection as potential validation of accelerated development prospects.
While the DOE nod provides credibility, Oklo remains a pre-revenue company facing significant execution risks. The market's reaction suggests growing confidence in advanced nuclear technologies, though commercial viability remains unproven.
