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Oklo Inc.(OKLO), a small-scale advanced nuclear reactor developer, broke ground on Monday at Idaho National Laboratory (INL) for its inaugural Aurora powerhouse.
The site, called Aurora-INL, is a part of the U.S. Department of Energy’s newly launched Reactor Pilot Program aimed at fast-tracking nuclear innovation.
The Aurora-INL facility will house a sodium-cooled fast reactor using metal-based fuel. Oklo stock traded 2% lower in the premarket on Monday.
The stock was among the top five trending equity tickers on Stockwits. Retail sentiment around the stock shifted to ‘bullish’ from ‘extremely bullish’ the previous day amid ‘extremely high’ message volume levels.
The facility’s design traces its lineage to the historic Experimental Breeder Reactor II, which operated in Idaho for three decades. Oklo secured access to fuel from the retired reactor in 2019 and has already completed two of the four required steps to begin fuel fabrication at its Aurora Fuel Fabrication Facility (A3F).
“As advancements in artificial intelligence drive up electricity demands, projects like this are critical to ensuring the United States can meet that need and remain at the forefront of the global AI arms race,” said U.S. Secretary of the Interior Doug Burgum.
Construction of Aurora-INL is projected to generate approximately 370 temporary positions, along with 70 to 80 permanent, skilled jobs tied to the operation and maintenance of both the powerhouse and its fuel fabrication arm.
On late Sunday, Wedbush analyst Daniel Ives increased the price target for Oklo shares from $80 to $150. He said the boost reflects growing confidence in the company’s nuclear energy plans, particularly as the artificial intelligence (AI) boom enters a new phase.
Oklo stock has gained over 536% in 2025 and over 1,527% in the last 12 months.
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