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Investing.com -- Oklo Inc. (NYSE:OKLO) stock gained 3.7% following the announcement that the company and its subsidiary have been selected for three U.S. Department of Energy reactor pilot projects.
The advanced nuclear technology company and its subsidiary, Atomic Alchemy Inc., were chosen under the newly established Reactor Pilot Program, with Oklo securing two projects and Atomic Alchemy receiving one. The program aims to demonstrate criticality in at least three test reactors by July 4, 2026, coinciding with America’s 250th birthday.
These selections are expected to accelerate deployment timelines while providing operational insights that can support long-term commercial licensing and readiness. The program is part of a broader federal initiative to modernize and streamline nuclear licensing and demonstration, made possible through executive orders signed in May 2025.
Jacob DeWitte, co-founder and CEO of Oklo, stated that the selections demonstrate the DOE’s commitment to "ushering in a new era of building new nuclear in America" by leveraging its capabilities to enable nuclear innovators. According to DeWitte, the program provides "a sweeping injection of urgency to meet the moment and unleash American nuclear innovation."
The reactor pilot program reflects growing national momentum behind energy innovation and highlights the importance of public-private collaboration in addressing America’s energy challenges.
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