Oklo Inc., a pioneering nuclear energy startup focused on developing small modular reactors, has announced plans to raise up to $400 million through a secondary share offering. This move comes as the company seeks to bolster its financial resources to advance its innovative clean energy solutions.
Backed by notable figures such as Sam Altman, CEO of OpenAI and chairman of Oklo, the startup is positioning itself as a key player in the nuclear technology sector. The funds are expected to support general corporate purposes, working capital, and capital expenditures, potentially paving the way for future investments.
Oklo's mission is to provide clean, reliable, and affordable energy at scale through advanced fission power plants. Unlike traditional nuclear reactors, Oklo's designs emphasize inherent safety and the ability to recycle nuclear waste as fuel, addressing critical environmental concerns.
The announcement of the share offering follows a surge in Oklo's stock value, with shares reaching record highs in 2025. However, the stock experienced a slight dip of about 1% to $67.13 shortly after the offering was launched, reflecting market reactions to the dilution of shares.
This financial strategy aligns with Oklo's recent progress, including a potential government contract with the U.S. Department of Defense for a pilot reactor, as reported by Reuters. Such developments highlight growing interest in micro nuclear solutions for diverse applications.
As Oklo moves forward with its ambitious goals, the success of this $400 million offering could be a defining moment for the startup and the broader push towards sustainable energy innovation.
Alfred Lee
