Oklo gains on collaboration with KHNP over advanced nuclear project

ReutersMay 27, 2025 12:46 PM

Shares of Sam Altman-backed nuclear technology firm Oklo OKLO.N rise 2.1% to $49.91 premarket

Company says it has signed an agreement with Korea Hydro & Nuclear Power (KHNP) to collaborate on the development and global deployment of Oklo's advanced nuclear technology

The companies intend to explore opportunities to jointly advance the standard design development and verification of Oklo's planned Aurora powerhouse

"We plan to deploy 75 MWe (megawatt electric) Aurora powerhouse at the Idaho National Laboratory site and is currently advancing through the licensing process" - Oklo

As of last close, shares up 130.2% YTD

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