ESG News For Oklo Inc

Oklo and Diamondback Energy signed a non-binding letter of intent (the “LOI”) to collaborate on a 20-year Power Purchase Agreement.Diamondback aims to use Oklo’s Aurora powerhouses to power its operations in the Permian Basin.

Agreement represents a significant step towards the deployment of two powerhouses, building on last year’s announcement of a non-binding MOU with SODI.The land is revitalized by the DOE and deeded to or expected to be deeded to SODI as a community reuse organization for purposes of economic development.

“The SDS approval is a major step towards a DOE approval of the Aurora Fuel Fabrication Facility as we continue towards our goal of producing fuel for our planned Aurora commercial power plant,” said Jacob DeWitte, co-founder and CEO of Oklo.

Oklo Inc., an advanced fission technology and nuclear fuel recycling company, will host an Investor Day on Friday, February 2, 2024 at 9:00 am.

Oklo Inc., an advanced fission technology and nuclear fuel recycling company, will host an Investor Day on Friday, February 2, 2024 at 9:00 am.

Siemens Energy would become Oklo’s preferred supplier for steam turbines and generator technology for its Aurora powerhouse.Siemens Energy would also provide consulting to support Oklo in related design work to optimize the integration of the power conversion systems (conventional island).This partnership will help develop capability for scale-up of the Aurora powerhouse deployments.

Oklo is honored to be included in @TIME's Best Inventions of 2023 list, recognized in the Reuse & Recycle category. Discover more about our work and explore TIME's Best Inventions of 2023 here: time.com/best-inventions-2023 #TIMEBestInventions

Craig Bealmear brings over 30 years of leadership experience at publicly traded energy companies. Craig is expected to fulfill a crucial role to enable Oklo's growth and lead Oklo's financial strategy.As CFO, Bealmear will oversee all corporate financial functions, spearheading initiatives to identify and access capital markets, fostering and managing key relationships with investors, and formulating and executing Oklo’s long-term financial and growth strategy.Bealmear’s international business background in corporate finance and strategy will support the commercialization of Oklo’s advanced fission power plants on a global scale.

Oklo is excited to announce a landmark memorandum of understanding with @centrus_energy, including power off-take, exemplifying the early market interest in our scalable power plants, as well as fuel production and manufacturing.

Oklo and the Southern Ohio Diversification Initiative signed an agreement for land to host second and third commercial powerhouse sites.The agreement also details collaboration on jobs, community engagement, facility repurposing, and the potential for additional power plants.

Oklo makes progress towards submitting future license applications with the submission of its Licensing Project Plan.The Licensing Project Plan details licensing pre-application interactions with the U.S. Nuclear Regulatory Commission.Oklo’s submission of its Licensing Project Plan represents an important step in establishing plans to align on regulatory topics to enable success in meeting subsequent application review milestones, impacting how quickly the U.S. can deploy climate technologies at home.

Oklo co-hosted Secretary Granholm on tours of Oklo’s liquid metal experimental programs at Argonne’s state-of-the-art liquid metal testing facilities.Secretary Granholm then toured Argonne’s experimental fuel recycling facilities, where Oklo has three U.S. Department of Energy funded projects to develop advanced recycling technologies in partnership with Argonne.Oklo is developing technologies to help strengthen U.S. energy independence and the nation’s clean energy enterprise with the support and commitment of the Department of Energy’s investments.

Oklo and Argonne were awarded a $4.5 million project from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) to develop advanced safeguards and security monitoring technology to support the commercialization of fuel recycling.The ARPA-E project will develop advanced sensors paired with machine learning to accomplish safeguards and security goals for advanced fuel recycling as well as to improve process efficiency.This project is one of several projects in which Oklo will be partnering with Argonne to commercialize recycling technologies to create a secure and economical fuel supply chain for emission-free advanced fission.

@oklo teams up with @centrus_energy to produce U.S.-base fuel supply to support the #commercialization of advanced fission

Compass and Oklo have signed a 20-year partnership to power Bitcoin mining with advanced fissionOklo will begin to supply Compass with clean, reliable, and cost-effective power starting in the early 2020sThe commercial partnership between Oklo and Compass aims to promote diverse and sustainable energy sources for cryptocurrency miners

The licensing methodology reports comprise the novel methods used by Oklo to submit its historic advanced fission license application and are a key component of Step 1 of its two-step licensing review.The regulatory framework has historically been based on large light-water reactors in terms of how event analysis is performed and how safety is assured.The reports discuss how advanced fission systems can meet key regulatory requirements with inherent safety, including how to analyze for unique events and how safety can be assured in a modern, holistic way through controls related to safety function.The reports are public, and Oklo is enabling the open-source use of these methodologies.

Oklo announces a $2 million cost-share award from the Department of Energy.Oklo is partnering with the Department of Energy and Argonne National Laboratory to advance electrorefining technologies to produce fuel for advanced reactors.This technology will help reduce fuel costs for advanced reactor designs while reducing waste by turning used fuel into advanced reactor fuel.

Aurora is the product name for a clean energy plant the company developed to power communities with affordable, reliable, clean power The Aurora is a revolutionary step forward towards providing nearly always-on clean power with no need for refueling for decadesThe Aurora powerhouse integrates solar panels and local art to illustrate the ability of advanced fission to integrate with renewables and for a power plant to integrate with a community