Oklo Inc., a pioneering nuclear energy startup focused on developing small modular reactors, has announced plans to raise up to $400 million through a secondary share offering. This significant financial move is set to bolster the company's efforts to revolutionize clean energy production with innovative nuclear technology.
Backed by notable figures such as Sam Altman, CEO of OpenAI and chairman of Oklo, the company has been gaining attention for its mission to provide reliable, affordable energy at scale. Oklo's advanced fission technology aims to address the growing demand for sustainable power solutions, particularly in remote and mobile applications.
The funds raised from this offering are expected to support the development and deployment of Oklo's micro nuclear reactors, which are designed to be compact yet powerful. This technology could play a critical role in powering everything from industrial sites to military bases, aligning with recent interest from the U.S. Department of Defense.
In a recent development, Oklo moved closer to securing a power purchase agreement with the U.S. Air Force, as reported by Reuters. This potential government contract underscores the strategic importance of Oklo's technology in enhancing energy security and sustainability for critical operations.
The share offering comes at a time when Oklo's stock has seen a remarkable surge, with reports indicating a 220% increase since the start of 2025. This investor enthusiasm reflects growing confidence in nuclear energy as a viable solution for future energy needs, especially amid global pushes for renewable and low-carbon alternatives.
As Oklo continues to make strides in the nuclear energy sector, this $400 million raise could mark a turning point, positioning the company as a leader in the race to deliver next-generation power solutions. The outcome of this offering will likely be closely watched by investors and energy industry stakeholders alike.
Andrew Lee
