Oklo receives accelerated NRC approval for Aurora reactor and signs nuclear power agreement with Meta for up to 1.2 gigawatts

Oklo received accelerated Nuclear Regulatory Commission approval for its Aurora reactor design and signed a binding agreement with Meta for up to 1.2 gigawatts of nuclear power to support large-scale data and AI operations. The company also expanded its customer pipeline to roughly 14 gigawatts and entered new government partnerships.

Oklo is positioning itself as a power provider to large data and AI customers rather than a pure technology licensor, competing more directly with other small modular reactor developers like NuScale Power and, over time, with large nuclear operators like Constellation Energy.

The company remains pre-revenue and reported a first-quarter net loss of US$33.07 million. The Meta contract and expanded pipeline align with expectations that long-term power purchase agreements and prepayments could underpin recurring revenue once assets are in service.