Oklo (NYSE: OKLO) and Nano Nuclear Energy (NASDAQ: NNE) are both pre-revenue nuclear start-ups chasing the same multitrillion-dollar opportunity: small nuclear reactors that could one day provide clean, always-on power to artificial intelligence (AI) data centers and other…
wer-hungry customers. Between the two, Oklo has the edge on partnerships, while Nano’s valuation looks more reasonable
Let’s take a closer at both to see which one is the better nuclear energy stock today. Oklo: A rich valuation with big-name backers Oklo is designing a small nuclear reactor called an Aurora powerhouse. These reactors are engineered to run on both recycled fuel and high-assay low-enriched uranium (HALEU), a one-two punch that could make them more efficient, more flexible, and less dependent on the traditional nuclear fuel supply chain.
Oklo’s strength is its partnerships. Never mind early backing by OpenAI CEO Sam Altman, Oklo now has major partnerships with Meta Platforms, Switch, Equinix, Nvidia, Vertiv, Liberty Energy, Blykalla, and RPower. The biggest opportunities for future revenue growth are the first three — Meta, Switch, and Equinix — which together equal about 14 gigawatts (GW) of potential power demand, or enough to require about 187 full-sized 75 megawatt (MW) Aurora powerhouses, if Oklo were to supply it all.