Oklo Stock Surges 5% Pre-Market Following This Strategic Collaboration – Here’s What Happened

Oklo Inc. (OKLO) announced on Monday that it has entered into a strategic collaboration with Swedish nuclear firm Blykalla AB, aiming to speed up the global rollout of next-generation nuclear technologies. 

The partnership will focus on joint technology development, shared supply-chain strategies, and navigating nuclear regulatory frameworks across both countries.

As part of the agreement, Oklo will take a co-lead role in Blykalla’s upcoming A2 investment round, committing around $5 million to support the initiative. Oklo stock traded 5% higher in Monday’s premarket after the announcement. On Stocktwits, retail sentiment around the stock remained in ‘extremely bearish’ territory amid ‘extremely high’ message volume levels. 

Through their joint technology development agreement, the two companies will work on a range of operational aspects, including materials sourcing, fuel processing, and shared licensing insights. 

Oklo and Blykalla plan to evaluate shared vendors for nuclear-agnostic reactor components to increase efficiency and reduce procurement challenges. Additionally, Oklo may directly supply certain parts for Blykalla’s operations and even offer fuel fabrication services.

“Coordinated component sourcing and targeted joint R&D can unlock efficiencies for both companies and help our suppliers plan for scale, regardless of which side of the Atlantic they are on,” said Blykalla CEO Jacob Stedman.

Blykalla is working on a compact 55 MWe (Megawatt Electrical) lead-cooled fast reactor design called SEALER, which is based on over two decades of research. Meanwhile, Oklo is developing sodium-cooled reactors capable of generating up to 75 MWe, targeting U.S. installations serving industrial, defense, and data infrastructure clients.

Oklo stock has gained over 420% year-to-date and over 1,266% in the last 12 months. 

Also See: Why Is JFB Construction Stock Rising Today?

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