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NEWS
Oklo Finalizes Agreement With the Department of Energy to Advance to the Next Phase of Siting
Moa Grants Oklo Access for Site Investigations in Idaho
Oklo Inc. (NYSE: OKLO) has finalized a Memorandum of Agreement (MOA) with the U.S. Department of Energy (DOE) Idaho Operations Office, marking a significant step towards deploying the first commercial advanced fission power plant in the U.S. The MOA grants Oklo access to conduct site investigations at its preferred location in Idaho, focusing on geotechnical assessments, environmental surveys, and infrastructure planning.
As the only advanced fission company with a DOE site use permit, substantial regulatory progress, and a secured fuel supply, Oklo is well-positioned for this next phase. The agreement builds on Oklo's collaboration with the DOE, which began in 2019 with a site use permit and fuel award. CEO Jacob DeWitte emphasized that this MOA reflects the company's commitment to timely deployment and operational readiness while managing costs and maintaining project schedules.
As the only advanced fission company with a DOE site use permit, substantial regulatory progress, and a secured fuel supply, Oklo is well-positioned for this next phase. The agreement builds on Oklo's collaboration with the DOE, which began in 2019 with a site use permit and fuel award. CEO Jacob DeWitte emphasized that this MOA reflects the company's commitment to timely deployment and operational readiness while managing costs and maintaining project schedules.
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