Overview
- A partnership announced Monday between Oklo and Sweden's Blykalla outlines planned U.S. investments of $100 million to $200 million and a deployment of 30 to 40 engineers, subject to final approvals.
- The companies plan technical support for Oklo’s Department of Energy–authorized pilot, including neutronics and thermohydraulics analyses, and they will explore fast‑neutron irradiation testing using Oklo powerhouses.
- Oklo shares fell about 9% to roughly $45.68 on heavy trading after recent setbacks that included a quarterly loss of $0.27 per share versus a $0.17 estimate.
- Insiders sold more than 1.2 million shares worth about $100.7 million over the last quarter, including sales by the CEO in January and the CFO in March, with two directors selling stock on March 30.
- UBS, Goldman Sachs, and B. Riley cut price targets on concerns over capital needs and execution risk, even as Oklo reports about $2.6 billion in liquidity and advances commercial and DOE projects such as Meta’s planned 1.2‑GW Ohio campus.