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Investing.com -- Oklo Inc. (NYSE:OKLO) stock rose 3% in premarket trading after announcing a strategic alliance with Liberty Energy Inc. (NYSE:LBRT) to develop integrated power solutions for high-demand customers.
The partnership aims to deliver turnkey power solutions that combine Liberty’s natural gas generation with Oklo’s advanced nuclear technology. The alliance will initially deploy Liberty’s Forte natural gas power generation and load management systems to meet immediate power needs, while establishing a pathway to integrate Oklo’s Aurora nuclear powerhouses for zero-carbon baseload power.
This collaboration targets data centers, industrial facilities, and utility-scale sites seeking reliable power solutions with a transition to cleaner energy. The integrated approach promises customers uninterrupted power while incorporating next-generation energy infrastructure.
"This collaboration gives large-scale power users a turnkey alternative that integrates generation, backup, grid interaction, and optimization, all through a single provider," said Jacob DeWitte, Co-Founder and CEO of Oklo. "We’re delivering a next-generation approach to energy that gives customers the ability to scale power with confidence and offers a clear path to zero-carbon energy."
Liberty Energy, which invested $10 million in Oklo in 2023, will provide initial reliable primary power and flexible energy services, along with future grid management focused on optimization and resiliency. As Oklo’s nuclear powerhouses come online, they will be integrated to provide clean, continuous baseload energy.
Ron Gusek, Chief Executive Officer of Liberty, noted that the alliance "redefines how today’s most energy-intensive industries can scale efficiently with cost-effective, next-generation power solutions."
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