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SANTA CLARA, Calif. - Advanced nuclear technology company Oklo Inc., which has seen its stock surge over 838% in the past year and now commands a market capitalization of $9.89 billion, has established a digital monitoring room at its headquarters and signed a memorandum of understanding with ABB, according to a press release issued Thursday. According to InvestingPro analysis, the company currently appears overvalued relative to its Fair Value.
The new monitoring facility, equipped with ABB technology, will serve as Oklo’s operator training and simulation center as the company works toward deploying its Aurora powerhouses. Unlike traditional nuclear control rooms requiring constant operator intervention, Oklo’s facilities are designed to rely on automation and inherent safety features. InvestingPro data shows the company maintains strong liquidity with a current ratio of 71.27, though it reported negative EBITDA of $73.14 million in the last twelve months.
"This milestone reflects another important step towards deployment, and deploying at scale," said Jacob DeWitte, Co-Founder and CEO of Oklo.
The company recently achieved a regulatory milestone when the U.S. Nuclear Regulatory Commission accepted Oklo’s Product-Based Operator Licensing Framework Topical Report for review. This framework proposes a departure from traditional licensing models by enabling operators to be licensed for the Aurora powerhouse design itself rather than specific facilities.
Under the proposed approach, operators could monitor multiple plants remotely and move between sites as needed, leveraging the Aurora design’s automation capabilities.
Through the newly signed MOU, Oklo and ABB plan to explore additional collaboration opportunities in digitalization, automation, and electrification of future powerhouse sites, as well as joint research related to data center integration. For deeper insights into Oklo’s financial health and growth prospects, InvestingPro subscribers can access 12 additional ProTips and a comprehensive Pro Research Report, part of the platform’s coverage of over 1,400 US stocks.
"As global demand for energy continues to rise, we at ABB support a wide range of low-carbon sources, including nuclear," said Per Erik Holsten, President of ABB’s Energy Industries.
Oklo is developing fast fission power plants and advancing nuclear fuel recycling technologies in collaboration with the U.S. Department of Energy and National Laboratories.
In other recent news, Oklo Inc. has been selected for three U.S. Department of Energy reactor pilot projects. The company and its subsidiary, Atomic Alchemy Inc., will lead these initiatives under the newly established Reactor Pilot Program, which aims to demonstrate criticality in at least three test reactors by July 4, 2026. In addition, Oklo’s second-quarter earnings report prompted B.Riley to maintain its Buy rating with a $58 price target, citing strategic partnerships with Korea Hydro & Nuclear Power and Hexium.
Wedbush reiterated its Outperform rating and an $80 price target, expressing confidence in Oklo’s long-term vision, particularly as the Trump Administration focuses on AI Revolution data center development powered by nuclear energy. Meanwhile, UBS initiated coverage on Oklo with a Neutral rating and a $65 price target, highlighting the company’s substantial total addressable market and significant profit potential. These developments reflect growing interest and confidence in Oklo’s strategic direction and potential.
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