BUZZ-Oklo climbs as US Department of Energy launches Trump's nuclear reactor pilot program

Reuters
2025.08.12 15:50
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Shares of Oklorose 6.4% to $76.68 following the U.S. Department of Energy's announcement of the launch of President Trump's Nuclear Reactor Pilot Program. The DOE will collaborate with 11 advanced reactor projects, including Oklo, aiming to construct and operate at least three test reactors by July 4, 2026. Each company will bear the costs of their respective projects. Year-to-date, Oklo's shares have increased by 253%.

Shares of nuclear fuel recycling firm Oklo (OKLO.N) rise 6.4% to $76.68 U.S. Department of Energy (DOE) in a post on social media platform X said it had started President Donald Trump’s Nuclear Reactor Pilot Program announced in June

DOE says it will initially collaborate with 11 advanced reactor projects, including Oklo, to advance their technologies toward deployment DOE expects to construct, operate and achieve criticality of at least three test reactors using its authorization process by July 4, 2026 Each company will be responsible for all costs associated with designing, manufacturing, constructing, operating and decommissioning their test reactors - DOE

Including session’s moves, shares up 253%, YTD