US EditionOklo Reports Wider-Than-Expected Q3 Loss, Shares Slide - Oklo (NYSE:OKLO)
Oklo reported a $36.3 million operating loss in Q3 while progressing on the Aurora reactor and securing DOE approvals to speed licensing and construction.
- On Nov. 11, Oklo Inc. reported a third-quarter loss of 20 cents per share, missing estimates of 12 cents, and shares fell to $100.22 in after-hours trading.
- Pre-Revenue Oklo Inc. reported operating losses of $36.3 million, ending with $410 million cash and $773.5 million in marketable securities for liquidity.
- The DOE approved the Nuclear Safety Design Agreement for the Aurora Fuel Fabrication Facility at Idaho National Laboratory, and Oklo completed NRC Phase 1 readiness assessment, advancing construction plans.
- Linking fuel fabrication to Aurora-INL, the company gains A3F approval enabling construction and operation under this pathway, while Atomic Alchemy's isotope unit could generate early revenue before reactors go online.
- Strategically, Oklo Inc. market cap $16.21 billion, Hexium, U.S. Air Force and Vertiv partnerships support fuel cost reduction, military reactors, and AI data-center expansion.
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Oklo 3rd Quarter Earnings Coverage
Live Updates More Progress Updates 3 hours ago In addition to the following progress updates, Oklo remains in a pretty strong financial position. Cash and Marketable Securities: $1.18 billion Quarterly Loss: $29.7 million Cash Used in Operations (YTD): $48.7 million, well within guidance Oklo emphasized that the current cash balance provides runway to execute on early construction and licensing without additional capital raise…
US Energy Officials Greenlight Oklo's Fuel Plan—Here's What It Unlocks Next - Oklo (NYSE:OKLO)
Oklo Inc. gains DOE approval for Aurora Fuel Fabrication Facility at Idaho National Lab, accelerating advanced nuclear reactor deployment and fuel production pathways.
Oklo Breaks Ground on Aurora-INL Advanced Nuclear Powerhouse Oklo Breaks Ground on Aurora-INL Advanced Nuclear Powerhouse
Oklo Breaks Ground on Aurora-INL Advanced Nuclear Powerhouse Oklo Inc., a leader in advanced nuclear technology, has officially broken ground on its first Aurora powerhouse, the Aurora-INL, at Idaho National Laboratory (INL). The event marked a significant milestone for both Oklo and the future of clean, reliable energy in the United States. It brought together top officials, scientists, and policymakers, underscoring the strategic importance of…
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