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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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