Bank of America values the emerging small modular reactor sector at $10 trillion as demand from data centers and utilities grows.
Oklo and NuScale Power are competing to lead the small modular reactor market, targeting a $10 trillion opportunity identified by Bank of America. Both firms aim to reduce costs and improve safety with factory-built reactors, appealing to data centers and utilities seeking reliable, clean energy.
The nuclear sector is poised for growth as companies prioritize affordable, low-carbon power solutions. Oklo focuses on round-the-clock energy sales to data centers, while NuScale emphasizes scalable modular designs for broader utility adoption.
Analysts view Oklo as a stronger long-term bet if artificial intelligence-driven data center expansion accelerates, though both firms stand to benefit from the sector’s resurgence.