Oklo Inc. (NYSE:OKLO) rose 3.7% following news that the company, along with its subsidiary Atomic Alchemy Inc., has been selected for three U.S. Department of Energy reactor pilot projects.
Under the newly launched Reactor Pilot Program, Oklo secured two projects while Atomic Alchemy received one. The initiative aims to achieve criticality in at least three test reactors by July 4, 2026, aligning with the United States’ 250th anniversary.
The selections are expected to speed up deployment timelines and provide operational insights to support long-term commercial licensing and readiness. The program is part of a wider federal effort to modernize and streamline nuclear licensing and demonstration, enabled by executive orders issued in May 2025.
Jacob DeWitte, co-founder and CEO of Oklo, said the selections reflect the DOE’s dedication to “ushering in a new era of building new nuclear in America” and leveraging its capabilities to empower nuclear innovators. He added that the program delivers “a sweeping injection of urgency to meet the moment and unleash American nuclear innovation.”
The reactor pilot program underscores growing national momentum behind energy innovation and highlights the critical role of public-private collaboration in tackling America’s energy challenges.
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