US Markets
Home›US Markets›Sectors›Oklo joins a $200M nuclear push tied to AI data centers
Oklo joins a $200M nuclear push tied to AI data centers
Oklo is developing compact modular reactors that produce 15 to 75 megawatts, and it reported no revenue in Q1 2026 while shares fell after-hours following an EPS miss in the period.
Oklo, a Santa Clara, California based clean energy technology company, is moving to the center of a $200 million nuclear push aimed at supporting AI infrastructure. The company designs and builds Aurora fast fission modular reactors, which are designed to generate 15 to 75 megawatts of electricity, along with an integrated platform for nuclear fuel recycling and production.
Oklo commercializes the technology through power generation, nuclear fuel services, and medical and industrial radioisotopes produced via its Groves reactor initiative. The company says it has a contracted customer pipeline of more than 14 GW tied to AI data centers, defense, industrial, and government clients, and it raised $2.5 billion in cash through a successful $1.2 billion ATM offering.
The article says Oklo shares trade within a 52 week range of $40.98 to $193.84, with a market capitalization of roughly $7.67 billion. It also notes the stock is down about 77% from its 52 week peak and down 28.8% over the past year as investors weigh the company’s capital needs and pre revenue status.
Oklo reported Q1 2026 EPS of negative $0.19, in line with Wall Street estimates, but recorded no revenue because commercial operations are still underway. Despite meeting its bottom line target, the shares fell 10.8% in post market trading, with the move attributed to investor focus on commercialization timelines and heavy capital outlays ahead of initial power generation. (Yahoo Finance)