The Nuclear Regulatory Commission’s expedited review of Oklo’s Aurora powerhouse design criteria lifts shares by over 20% in early trading.
Oklo Inc. (OKLO) shares climbed more than 20% after the Nuclear Regulatory Commission (NRC) fast-tracked the review of design criteria for its Aurora powerhouse. The move reduces regulatory hurdles for the company’s advanced fission reactor, potentially accelerating commercial deployment.
The NRC’s decision follows Oklo’s submission of revised design documents in Q2 2024, addressing prior safety concerns. Analysts had expected a standard 12-18 month review cycle, but the agency’s streamlined process could shorten this timeline by up to 40%. Oklo’s Aurora reactor, a 1.5 MW microreactor, targets off-grid and remote energy markets.
Trading volume spiked to 3.2 million shares in the first hour, outpacing the 30-day average by 400%. The stock’s rally reflects investor optimism about Oklo’s competitive edge in the emerging advanced nuclear sector.