OKLO - update on Aurora Project.

OKLO - update on Aurora Project.

Oklo is an innovative nuclear energy company focusing on developing fast fission microreactors and advanced fuel recycling technologies. Their flagship project, the Aurora microreactor, is a liquid-metal-cooled fast reactor designed to provide clean, reliable, and efficient power. Recent updates and developments highlight Oklo's progress toward deploying advanced nuclear technology and commercializing their solutions:

  1. Aurora Microreactor: Oklo's primary project is the Aurora microreactor, a 1.5 MW to 100 MW reactor that uses heat pipes to transfer heat from the reactor core to a power conversion system using supercritical carbon dioxide. This technology builds on the legacy of the Experimental Breeder Reactor-II (EBR-II) and incorporates passive air cooling for enhanced safety. The Aurora reactor is designed to provide baseload power for communities and businesses
  2. Idaho Site Development: Oklo has made significant progress on its plans to build its first commercial reactor at Idaho National Laboratory (INL). In October 2024, the company signed a Memorandum of Agreement (MOA) with the U.S. Department of Energy (DOE) to advance site investigations for the Aurora reactor. This involves detailed geotechnical assessments and infrastructure planning, marking a crucial step toward the construction of the reactor
  3. Fuel Recycling Milestone: In 2024, Oklo successfully completed the first end-to-end demonstration of its advanced nuclear fuel recycling process, in collaboration with Argonne National Laboratory. This technology enables Oklo to extract over 90% of the remaining potential energy from used nuclear fuel, significantly reducing nuclear waste and cutting fuel costs by up to 80%. This advancement positions Oklo as a leader in nuclear fuel efficiency and sustainability
  4. Strategic Collaborations: Oklo is also actively expanding its partnerships. In 2024, the company finalized several agreements, including collaborations with data center providers like Equinix and Google, aiming to use their reactors to power AI-driven data centers. These partnerships demonstrate Oklo's ability to meet the growing demand for reliable, clean power in energy-intensive industries.

Oklo’s innovations in advanced fission technology are paving the way for a sustainable energy future, offering a solution that addresses both energy efficiency and waste reduction. As the world moves toward cleaner energy, nuclear energy—particularly microreactors—will play a crucial role.

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