Oklo climbs as US Department of Energy launches Trump's nuclear reactor pilot program
ReutersAug 12, 2025 3:50 PM
** Shares of nuclear fuel recycling firm Oklo OKLO.N rise 6.4% to $76.68
** U.S. Department of Energy (DOE) in a post on social media platform X said it had started President Donald Trump's Nuclear Reactor Pilot Program announced in June
** DOE says it will initially collaborate with 11 advanced reactor projects, including Oklo, to advance their technologies toward deployment
** DOE expects to construct, operate and achieve criticality of at least three test reactors using its authorization process by July 4, 2026
** Each company will be responsible for all costs associated with designing, manufacturing, constructing, operating and decommissioning their test reactors - DOE
** Including session's moves, shares up 253%, YTD
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