Sam Altman-backed Nuclear SMR company Oklo announced this morning it had finalized an agreement with the Department of Energy to advance the next phase of sitting at the Idaho National Lab.
"This MOA grants Oklo access to conduct site investigations at its preferred site in Idaho, marking a key step toward the next phase of site preparation and construction," it continued in a press release.
"As the only advanced fission company with a DOE site use permit, along with substantial regulatory progress and a secured fuel supply, Oklo is uniquely positioned to deploy the first commercial advanced fission power plant in the U.S," the release says.
"This key step paves the way for site preparation and construction for Oklo's powerhouse," the company wrote on X.
Backed by OpenAI's Sam Altman, Oklo remains one of our favorite names in nuclear.
Following Microsoft's agreement to purchase power from the dormant nuclear plant, Shapiro urged regulators to prioritize the reactor's connection to the electrical grid, according to a new report from Barron’s.
"The site investigations enabled by this MOA will focus on geotechnical assessments, environmental surveys, and infrastructure planning."
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