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The themes Oklo is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.
Highest-graded in Utilities Independent Power Producers
Graded A or B and worth $2B or more: A first, then the largest.
CEGConstellation Energy Corporation99,2B US$A+
VSTVistra Corp.45,1B US$B+
NRGNRG Energy, Inc.20,4B US$B
TLNTalen Energy Corporation16,4B US$B-
KENKenon Holdings Ltd.3,2B US$B
Grade rose recently in Utilities
Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.
- CEGConstellation Energy Corporation9 nov 2026BAGraded B, now A
- VSTVistra Corp.9 nov 2026CBGraded C, now B
AESThe AES Corporation3 nov 2026CBGraded C, now B
KEPKorea Electric Power Corporation15 sept 2026CAGraded C, now A
Cómo gana dinero
- Nuclear engineering and technical services
Compite con
Qué vende6
Aurora powerhouses
Small fast-fission nuclear plants designed to generate electricity and heat for customers such as data centers, government facilities, factories, and utilities. Oklo plans to own and operate them and sell the energy, rather than sell the plant design.
Nuclear fuel recycling
Technology and planned facilities to process used nuclear fuel into usable fuel for fast reactors.
Nuclear fuel fabrication
Facilities being developed to make reactor fuel, including fuel made from recovered nuclear material.
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Radioisotopes
Radioactive materials intended for medical, research, industrial, energy, and defense uses. Oklo has a licensed laboratory for processing and supplying certain materials and is developing production facilities.
Nuclear engineering services
Engineering, precision machining, prototyping, chemical-process engineering, and technical services for nuclear industry customers.
Pluto
A reactor system being developed to use plutonium-bearing fuel.
Quién se lo compra5
- Government agencies and commercial companies that buy nuclear engineering, design, research, and related technical services under contracts.
- Meta Platforms has a prepayment agreement connected to a planned Ohio power campus for its data centers; this is not yet a power purchase agreement.
- Switch signed a master power agreement, while Equinix, Diamondback Energy, and Prometheus Hyperscale have signed non-binding letters of intent. These arrangements do not by themselves mean that Oklo is already delivering power to them.
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- Potential buyers of future electricity and heat include data centers, military and other government facilities, factories, industrial sites, remote communities, campuses, and utilities.
- Potential buyers of radioisotopes include medical, research, energy, industrial, and defense customers.
En qué se apoya y qué podría romperlo
De qué depende el negocio
- 1Power plant construction and operation depend on approvals and oversight from the U.S. Department of Energy and the Nuclear Regulatory Commission; the required licensing and review steps are not complete for all projects.
- 2Reactor plans depend on access to fuel, including high-assay low-enriched uranium, recovered nuclear material, or other government-authorized fuel, as well as the facilities needed to make and recycle it.
- 3Construction depends on suppliers and contractors for fuel, steel, reactor parts, turbines, engineering, and construction work.
- 4The business depends on customers moving from preliminary arrangements to binding power purchase agreements and, eventually, taking delivery of electricity or heat.
Qué podría salir mal
- 1Oklo has not yet built or operated a commercial powerhouse or signed a binding power purchase agreement to deliver electricity or heat; regulatory delays or failure to obtain approvals could prevent or postpone commercial operations.
- 2The first power plants and new fuel-making and recycling facilities could take longer or cost more than planned because they involve complex construction, specialized suppliers, and uncertain fuel availability and costs.
- 3Several prospective customer arrangements are non-binding or do not yet require power delivery. If customers do not proceed, or demand for nuclear electricity develops more slowly than expected, Oklo may not secure enough projects to support its planned business.
Estados financieros completos →
Sobre Oklo Inc.
Oklo currently earns revenue from engineering, design, licensing support, research, and other technical services for government and commercial customers. Its planned main business is to build, own, and operate small fast-fission nuclear plants and sell the electricity and heat they produce under power purchase agreements. It is also developing ways to turn used nuclear fuel into reactor fuel and to produce radioisotopes. In August 2026, its low-power isotope test reactor achieved a self-sustaining nuclear chain reaction; its commercial power plants have not yet begun operating.
- Sede
- Santa Clara, California
- Fundada en
- 2013
- Empleados
- 207 (December 31, 2025, medium)
- Cotiza en
- NYSE
- Cierre del ejercicio
- December 31
Construido a partir de los propios informes de Oklo Inc. ante la Comisión de Bolsa y Valores de EE. UU. (SEC). Las cifras son las declaradas, con el historial por acción reexpresado a la base de acciones de hoy. Esto describe un negocio: no es asesoramiento de inversión ni una recomendación de compra o venta.
