US Market News
11時間前
Oklo, Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern OhioJune 18, 2026 6:56 AM
PR Newswire (US) One of the first large-scale commercial high-assay low-enriched uranium (HALEU) supply agreements that could include prepayments from Oklo.Centrus to provide Oklo with enough HALEU to support multiple years of Oklo reactor cores, covering up to five Aurora powerhouses as part of Oklo's planned 1.2 GW Clean Energy Campus.Oklo and Kiewit Nuclear Solutions Co. ("Kiewit") have entered into an MOU intended to support engineering, procurement, and construction planning for the initial planned Aurora powerhouse deployments in southern Ohio.Work expected to bring multi-billion-dollar private clean energy investment and hundreds of jobs to southern Ohio.PIKETON, Ohio, June 18, 2026 /PRNewswire/ -- Oklo Inc. (NYSE: OKLO) ("Oklo"), an advanced nuclear technology company, and Centrus Energy Corp. (NYSE: LEU) ("Centrus"), a uranium enrichment and nuclear fuel services provider, announced today a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five Aurora powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo's planned 1.2 GW power campus in the region. The agreement, which anticipates a further definitive contract, brings together domestic fuel supply, planned advanced nuclear power generation, customer demand, and project execution in southern Ohio while strengthening fuel certainty for Oklo's planned Aurora powerhouse deployments at a time when access to domestically sourced HALEU remains one of the central constraints facing the advanced nuclear sector.The Letter of Intent could include prepayments from Oklo to Centrus to support fuel supply for Oklo's planned campus buildout and will be further negotiated in a future definitive agreement. It follows Oklo's January 2026 announcement with Meta, which included prepayment to advance project certainty for Oklo's planned Aurora powerhouse campus. Centrus plans to leverage billions in private capital along with the previously announced $900 million HALEU task order from the U.S. Department of Energy.The development advances Oklo's broader southern Ohio deployment strategy by aligning Centrus' enrichment capabilities at Piketon, Oklo's planned Aurora powerhouse campus, established customer demand, and engineering and construction experience from Kiewit, one of North America's largest construction and engineering organizations."This agreement aligns core elements of advanced nuclear deployment: power generation, fuel, and customer demand," said Oklo co-founder and CEO Jacob DeWitte. "Southern Ohio brings together decades of nuclear experience and a highly qualified workforce that can move advanced nuclear from planning to deployment.""Today's announcement is an important step toward ensuring reliable HALEU supply for next generation reactors and represents a crucial milestone as we work to restore America's ability to enrich uranium at scale," said Centrus President and CEO Amir Vexler. "By connecting advanced nuclear power generation and customer demand with domestic HALEU production in southern Ohio, this agreement helps establish a foundation for a new U.S. advanced nuclear energy hub."The work to establish a commercial supply chain for advanced nuclear fuel and build a campus of Aurora powerhouses will require over 700 full-time construction employees for multiple years across the deployment of sequential units. Oklo also expects each planned powerhouse to support approximately 40 to 50 permanent, well-paying jobs, including technical support, engineering, administration, warehouse and logistics, routine maintenance, and periodic refueling activities. For every eight Aurora powerhouses, an additional 80 to 120 permanent roles will be created to support site-wide operations.Centrus' expansion, which launched late last year, is expected to create 1,000 construction jobs and 300 new operating jobs in Ohio alone, while retaining the 150 jobs that existed at the Piketon plant when the expansion began.Oklo's fast fission Aurora powerhouses are designed to provide reliable clean power under a build-own-operate model, using liquid-metal cooling with low-water requirements, low emissions, and inherent safety characteristics that make the technology well suited to support new industrial growth in southern Ohio.About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.About Centrus: Centrus Energy is a trusted American supplier of nuclear fuel and services for the nuclear power industry, helping meet the growing need for clean, affordable, carbon-free energy. Since 1998, the Company has provided its utility customers with more than 1,850 reactor years of fuel, which is equivalent to more than 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is pioneering production of High-Assay, Low-Enriched Uranium and is leading the effort to restore America's uranium enrichment capabilities at scale so that we can meet our clean energy, energy security, and national security needs. Find out more at www.centrusenergy.com or follow us on LinkedIn and X.Forward-Looking StatementsThis press release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which in this context means statements that express Oklo's and Centrus' opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." The words "may," "will," "could," "should," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "continue," "might," "possible," "potential," "predict," "project," "goal," "would," "commit," or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo and/or Centrus operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo's future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo's powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the "SEC").The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.For Centrus Energy Corp., particular factors that involve uncertainty and could cause our actual future results to differ materially from those expressed in our forward-looking statements and which are, and may be, exacerbated by any worsening of the global business and economic environment include but are not limited to the following: our ability to conclude negotiations with our customers, including with Oklo, Inc. regarding the Letter of Intent; the war in Ukraine and other geopolitical conflicts; our government contracts, including related to changes to the U.S. government's appropriated funding levels for HALEU and the government's inability to satisfy its obligations, our lease to our facility in Piketon, Ohio; whether or when government demand for HALEU or LEU for government or commercial uses will materialize and at what level; the impact and potential extended duration of a supply/demand imbalance in the market for LEU; significant competition from major LEU producers, including foreign competitors, who may be less cost sensitive then we are; limitations on our ability to compete in foreign markets; pricing trends and demand in the uranium and enrichment markets, especially in light of the potential of limited supply and our dependence on others for deliveries of LEU; and our ability to successfully implement our planned expansion projects in Piketon, Ohio and Oak Ridge, Tennessee.Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. Readers are urged to carefully review and consider the various disclosures made in this news release and in our filings with the SEC, including our most recent Annual Report on Form 10-K, under Part II, Item 1A – "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q, and in our other filings with the SEC that attempt to advise interested parties of the risks and factors that may affect our business. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.Centrus:
Media -- Dan Leistikow LeistikowD@centrusenergy.com Investors -- Neal Nagarajan NagarajanNK@centrusenergy.com Media Contact for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com View original content to download multimedia:https://www.prnewswire.com/news-releases/oklo-centrus-sign-letter-of-intent-to-purchase-nuclear-fuel-for-aurora-powerhouse-deployment-in-southern-ohio-302804265.htmlSOURCE Centrus Energy Corp. Original: Oklo, Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio
US Market News
1日前
Fusion Was Always "Twenty Years Away." One Company Is Betting the Wait Is Over -- and Taking It Public.June 17, 2026 8:56 AM
PR Newswire (Canada) Issued on behalf of General Fusion Inc.As AI and electrification send power demand soaring, the race to commercialize fusion has collided with the public markets — and the company TIME just ranked the World's Top GreenTech company is heading for the Nasdaq.NEW YORK, June 17, 2026 /CNW/ -- USA News Group News Commentary — For half a century, commercial fusion energy has carried a punchline: it is always "twenty years away." The physics is the closest thing humanity has to a perfect energy source — the reaction that powers the sun, fueled by hydrogen, producing no carbon emissions and no long-lived radioactive waste — but turning it into electricity on the grid has defeated generations of scientists and cost billions of dollars. What is changing now is not just the science. It is the timing, the money, and the markets. Electricity demand is surging, capital is flooding toward next-generation energy, and for the first time investors are being offered a way to own a fusion pure-play on a public exchange. At the center of that shift is General Fusion Inc., a Vancouver-based company that has spent more than two decades chasing practical fusion — and which, on June 9, 2026, was ranked number one on TIME's list of the World's Top GreenTech Companies of 2026. The recognition landed at a pivotal moment: General Fusion is advancing toward becoming the first publicly traded pure-play fusion company through a proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a transaction expected to list the combined company on the Nasdaq under the ticker "GFUZ."Key Takeaways General Fusion was ranked the world's #1 GreenTech company of 2026 by TIME (in partnership with Statista), topping a list of 250 companies with a score of 96.68 — recognition for its innovation in fusion-energy. The company is planning to go public via a proposed business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), with the combined company expected to trade on the Nasdaq under the ticker "GFUZ" — positioning it, by the company's account, as the first publicly traded pure-play fusion company. The deal implies an approximately US$1 billion pro-forma equity value, including a roughly US$108 million committed and oversubscribed PIPE plus up to US$230 million of SVAC trust capital (assuming no redemptions), and is targeted to close in mid-2026, subject to shareholder and regulatory approvals. General Fusion's Magnetized Target Fusion ("MTF") approach is designed to avoid the superconducting magnets and high-powered lasers other approaches rely on — and its world-first Lawson Machine 26 ("LM26") demonstration machine has been operating since early 2025. The move arrives as a wave of next-generation energy names — including NuScale Power, Oklo, NANO Nuclear Energy, and Centrus Energy — draw surging investor attention amid AI-driven electricity demand.Why Fusion's Moment May Finally Be ArrivingThe backdrop to all of this is a once-in-a-generation surge in electricity demand. The International Energy Agency has projected global electricity demand could grow on the order of 40% to 50% by 2035, driven by artificial-intelligence data centers, broad electrification, and industrial growth. That is not a gentle increase; it is a structural step-change that is forcing utilities, governments, and technology giants to hunt for new sources of firm, clean, baseload power — the kind that runs day and night regardless of weather.Fusion is the ultimate prize in that search. Unlike conventional nuclear fission, it does not rely on splitting heavy atoms and does not produce the same long-lived radioactive waste; unlike wind and solar, it is not intermittent. The catch has always been that achieving and sustaining the conditions for fusion — and doing it at a cost that makes economic sense — is extraordinarily hard. That difficulty is exactly why a company that can credibly claim progress, and pair it with capital, stands out. The collision of soaring demand and abundant capital has pulled next-generation energy toward the public markets and opened the door even to pre-revenue developers.What Sets General Fusion's Approach ApartMost of the fusion approaches that make headlines fall into two camps: massive tokamaks that use powerful superconducting magnets to confine superheated plasma, or laser-driven systems that implode tiny fuel pellets. Both are scientifically remarkable and both are extraordinarily expensive and complex. General Fusion is pursuing a different path called Magnetized Target Fusion, or MTF, which is designed to achieve fusion without relying on either banks of high-powered lasers or large superconducting magnets — instead using mechanical compression of magnetized plasma in a way the company argues can be built with more conventional, durable materials and at lower cost.The company's central proof point is hardware, not just theory. In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first MTF demonstration machine —LM26 — in under two years. The LM26 program is intended to pursue a series of key technical milestones on the road toward demonstrating the physics required for a commercially relevant fusion system. The company describes its broader objective as commercializing fusion on a practical timeline, with commercial operations referenced in public reporting around the mid-2030s. None of that guarantees success — fusion remains one of the hardest engineering challenges in the world — but visible, operating hardware is precisely the kind of evidence that separates a credible developer from a slide deck.The Public-Markets Path: A US$1 Billion BetWhat makes this a market story and not just a science story is the deal. In January 2026, General Fusion entered into a definitive business combination agreement with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a special-purpose acquisition company focused on power infrastructure and decarbonization. The transaction implies an approximately US$1 billion pro-forma equity value, inclusive of roughly US$108 million from a committed and oversubscribed PIPE financing and up to US$230 million of Spring Valley Acquisition Corp. III's trust capital, assuming no redemptions. Spring Valley set a record date of June 12, 2026, and a meeting date of July 6, 2026, for its extraordinary general meeting of shareholders. If the Spring Valley and General Fusion securityholders vote to approve the proposed business combination, the transaction is expected to close shortly thereafter, subject to the satisfaction of customary closing conditions. There is a notable pedigree on the sponsor side. The Spring Valley team has, by its own account, raised roughly US$920 million across four IPOs over five years and played roles in creating numerous publicly traded companies — and one of the Spring Valley vehicles previously completed the business combination that took small-modular-reactor developer NuScale Power Corporation public. That history places the General Fusion transaction in a recognizable clean-energy SPAC lineage. Investors should weigh that pedigree against the inherent risks of any pre-revenue, pre-commercialization business going public through a SPAC — a structure where outcomes depend on closing conditions, redemptions, financing, and a long road of technical execution still ahead.The Next-Generation Energy Names Investors Are WatchingGeneral Fusion would be a genuine rarity as a publicly traded pure-play fusion company — there are almost no direct listed comparisons, which is part of the appeal and part of the risk. In practice, the market tends to group fusion with the broader advanced-nuclear and next-generation energy trade, where a handful of public names serve as liquid proxies for investor enthusiasm. The following peer comparisons are provided for illustrative and contextual purposes only; these companies pursue different technologies, are at different stages, and several are far larger and more established than a pre-revenue fusion developer. Investors should not assume that General Fusion will achieve comparable results, valuations, or outcomes.NuScale Power Corporation (NYSE: SMR) is the most directly relevant reference point — and not only because it is one of the best-known public proxies for next-generation nuclear. NuScale was itself taken public through an earlier Spring Valley business combination, the same sponsor family now behind the General Fusion transaction. As the small-modular-reactor developer with a U.S. Nuclear Regulatory Commission-approved design, NuScale reported roughly US$1 billion in liquidity in early 2026 and continued progress on large U.S. deployment programs, illustrating both the opportunity and the patience required in advanced nuclear.Oklo Inc. (NYSE: OKLO) has become one of the most visible publicly traded advanced-nuclear names, pursuing compact fast-reactor designs and working through the U.S. Nuclear Regulatory Commission licensing process with ambitions to bring a commercial unit online later this decade. Backed by prominent technology investors, Oklo has been a focal point of the new-nuclear conversation and a barometer for how aggressively the market is willing to value pre-revenue energy developers with long commercialization timelines.NANO Nuclear Energy Inc. (NASDAQ: NNE) rounds out the advanced-reactor cohort as a closely watched microreactor and advanced-fission developer. As an earlier-stage, smaller-capitalization name riding the same nuclear-renaissance tailwinds, NANO Nuclear illustrates the breadth of investor appetite across the advanced-energy spectrum — from established designs down to emerging developers — and the volatility that tends to come with it.Centrus Energy Corp. (NYSE: LEU) approaches the theme from the fuel-supply side, producing and seeking to expand domestic enrichment capacity — including the high-assay low-enriched uranium (HALEU) that many advanced reactors will require. As a "picks-and-shovels" play on the nuclear build-out, Centrus underscores that the next-generation energy opportunity spans not just reactor and fusion developers but the entire supply chain feeding them. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance.What to Watch From HereFor investors tracking the story, the near-term markers are clear. The defining events are the closing of the proposed business combination, targeted for mid-2026 and subject to shareholder and regulatory approvals, the effectiveness of the registration statement, and the level of SVAC shareholder redemptions — all of which affect how much capital ultimately reaches the combined company. Beyond the deal, the technical milestones of the LM26 program are the substance behind the story; progress there is what would validate the company's claim that practical fusion is closer than the decades-old punchline suggests.It is essential to keep the risks in full view. General Fusion is a pre-revenue, pre-commercialization company pursuing one of the hardest goals in science, on a timeline that stretches years into the future. A SPAC combination carries its own set of uncertainties, from closing conditions to financing to post-listing volatility. But the convergence is undeniably striking: a company with two decades of work and operating hardware, a top global greentech ranking, a roughly US$1 billion public-markets transaction, and a wave of capital chasing the clean, firm power that an AI-hungry world increasingly demands. Whether or not fusion finally beats its thirty-year reputation, General Fusion has put itself — and soon, public investors — at the center of the attempt.SEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time — and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.devCONTACT:USA News Group
info @acblanke1SOURCES:[1] General Fusion Inc. — "General Fusion Named World's Top GreenTech Company of 2026 by TIME" (GlobeNewswire, June 9, 2026; TIME #1 ranking, CEO Greg Twinney quote, LM26, SVAC combination):
https://www.globenewswire.com/news-release/2026/06/09/3309349/0/en/General-Fusion-Named-World-s-Top-GreenTech-Company-of-2026-by-TIME.html[2] General Fusion Inc. / Spring Valley Acquisition Corp. III — "General Fusion to Become First Publicly Traded Pure-Play Fusion Company…" (GlobeNewswire, Jan 22, 2026; ~US$1B equity value, US$105M PIPE, US$230M trust, mid-2026 close, GFUZ ticker):
https://www.globenewswire.com/news-release/2026/01/22/3223682/0/en/General-Fusion-to-Become-First-Publicly-Traded-Pure-Play-Fusion-Company-Through-Business-Combination-with-Spring-Valley-Acquisition-Corp-III.html[3] TIME — "World's Top GreenTech Companies of 2026" (June 9, 2026; General Fusion ranked no. 1, MTF description):
https://time.com/article/2026/06/09/world-top-greentech-companies-2026/[4] Spring Valley Acquisition Corp. III — SEC Form 425 / business-combination disclosures (NewCo amalgamation, redomicile to British Columbia, Nasdaq listing, LM26 funding):
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0002074850&type=425[5] PR Newswire / Equity Insider — "The $1 Billion Bet to Take Fusion Public" (June 3, 2026; IEA electricity-demand projection; peer names SMR, OKLO, LEU, NNE):
https://www.prnewswire.com/news-releases/the-1-billion-bet-to-take-fusion-public-302790359.htmlDisclaimer:This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice, nor are we licensed under U.S. or Canadian securities laws. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Nothing in this publication should be considered as personalized financial advice, and no communication by our employees to you should be deemed as personalized financial advice. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ, in turn, has been paid a fee for advertising and digital media by Creative Direct Marketing Group ("CDMG"). CDMG has been retained by General Fusion, pursuant to a services agreement, to provide various marketing and advertising services for an aggregate fee. This article was prepared and published pursuant to that services agreement. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. MIQ does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III (NASDAQ: "SVAC") but reserves the right to buy and sell shares of the company at any time. We also expect further compensation as an ongoing digital media effort to increase visibility for the company. This disclaimer serves as notice that all material disseminated by MIQ has been reviewed and approved on behalf of General Fusion Inc. by CDMG; this is a paid digital media distribution. Eagle Eye is a free investor-signal research tool owned and operated by MIQ; references to it in this article are promotion of an MIQ product, not independent endorsement, and Eagle Eye does not provide investment advice.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVAC, General Fusion Inc.'s ("General Fusion"), or their respective management teams' expectations concerning General Fusion's plan to go public through a business combination with SVAC (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of General Fusion's LM26 program; the ability to execute General Fusion's strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC's securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the adoption of the business combination agreement, dated January 21, 2026, among General Fusion, SVAC, and the other party thereto (the "Business Combination Agreement") by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion's business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; (xii) laws and regulations governing General Fusion's research and development activities, and changes in such laws and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General Fusion's ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of SVAC's final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the "Final Prospectus"); the risks described in the joint registration statement on Form F-4 filed by General Fusion and SVAC, as amended (the "Registration Statement"), or to be described in any amendment or supplement thereto; the risks described in the definitive proxy statement/prospectus filed with the SEC on June 12, 2026,or to be described in any amendment or supplement thereto; and those discussed and identified in filings made with the SEC by SVAC from time to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVAC's public filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.Important Information for Investors and ShareholdersIn connection with the Proposed Business Combination, General Fusion and SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement. On June 12, 2026, the SEC declared the Registration Statement effective and SVAC filed the definitive Proxy Statement (the "Proxy Statement") with the SEC. On June 15, 2026, SVAC commenced mailing copies of the Proxy Statement to SVAC's shareholders as of the record date of June 12, 2026. This document does not contain all the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationGeneral Fusion, SVAC and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Final Prospectus and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVAC's shareholders generally, is included in the Registration Statement and the Proxy Statement. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. View original content to download multimedia:https://www.prnewswire.com/news-releases/fusion-was-always-twenty-years-away-one-company-is-betting-the-wait-is-over--and-taking-it-public-302802547.html Original: Fusion Was Always "Twenty Years Away." One Company Is Betting the Wait Is Over -- and Taking It Public.
US Market News
2日前
Oklo and Standard Nuclear Form Strategic Alliance to Strengthen Advanced Nuclear Fuel Supply ChainJune 16, 2026 6:15 AM
Business WireCollaboration represents Oklo's first third-party offtake pathway for recycled materials, aiming to bolster domestic energy resiliency via recycling and responsible utilization of U.S. surplus plutonium.Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, and Standard Nuclear, a reactor-agnostic producer of TRISO nuclear fuel, today announced they have entered a memorandum of understanding (MOU) to explore commercial collaboration on nuclear fuel recycling and advanced fuel manufacturing. As part of that collaboration, the companies also intend to work together on the safe, secure, and cost-effective utilization of U.S. surplus plutonium for advanced reactor fuel, following both companies’ recent selection by the U.S. Department of Energy among five firms for advanced negotiations under its Surplus Plutonium Utilization Program.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260616604000/en/Oklo Aurora powerhouse (Image: Oklo)The MOU aligns with the administration’s executive orders aimed at accelerating U.S. nuclear energy deployment and establishing domestic supplies of critical nuclear materials and fuel and establishes a framework for the companies to explore:Recycled nuclear material offtake. Oklo and Standard Nuclear intend to jointly evaluate product specifications, potential commercial terms, and delivery schedules for recycled materials from Oklo’s planned fuel recycling facility in Oak Ridge, Tennessee. The collaboration would focus on the supply of reprocessed uranium (RepU) and uranium-transuranic material (U/TRU) streams from used nuclear fuel, which could serve as feedstock for TRISO fuel manufacturing.Surplus plutonium fuel collaboration. The MOU also establishes a framework for the companies to explore the responsible use of U.S. surplus plutonium for advanced reactor fuel after Oklo and Standard Nuclear were selected for advanced negotiations under the DOE’s Surplus Plutonium Utilization Program. The companies intend to evaluate opportunities to collaborate on facilities, licensing, packaging, and transportation to support secure, cost-effective conversion of surplus plutonium into advanced reactor fuel for clean, baseload electricity.“Oklo’s fuel strategy is built around turning used nuclear fuel and surplus nuclear materials into usable fuel for reactors and power plants,” said Oklo co-founder and CEO Jacob DeWitte. “The collaboration with Standard Nuclear helps support the domestic supply chains needed to deploy advanced nuclear at scale.”“Standard Nuclear is committed to developing a secure, domestic supply chain for advanced nuclear fuel,” said Kurt Terrani, CEO of Standard Nuclear. “This partnership represents a compelling pathway to source feedstock materials for our TRISO fuel manufacturing and radioisotope power systems and is an important step in strengthening domestic fuel feedstock supply sources.”Oklo is developing fuel recycling capabilities to recover useful materials from used nuclear fuel and convert them into feedstocks for advanced nuclear applications. The U.S. has accumulated almost 100,000 metric tons of used nuclear fuel, representing a significant potential energy resource. Oklo is also advancing Pluto, a plutonium-fueled fast test reactor, as part of its broader strategy to demonstrate how surplus plutonium can be used as bridge fuel for advanced reactors rather than remain solely a long-term disposition challenge.Meanwhile, Oklo's planned fuel recycling facility in Oak Ridge, Tennessee aims to support a commercial pathway for recovering selected materials from used fuel for advanced fuel manufacturing and isotope applications, including for healthcare, industrial, space, defense, and research uses.Standard Nuclear is the nation's only independent developer of TRISO fuel for advanced reactors, offering a reactor-agnostic fuel supply that supports both terrestrial and space applications. As a radioisotope power system developer, the company will benefit from commercial availability of recovered isotopes for use in compact power systems for space and defense applications.About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.About Standard NuclearStandard Nuclear’s mission is to reliably deliver the essential building blocks of nuclear power at scale — enabling cost-effective, safe, and secure energy for the world. Supported by leading U.S. defense technology and critical infrastructure investment firms, Standard Nuclear is focused on the large-scale production of advanced nuclear fuel and radioisotope power systems. It is the nation’s only independent manufacturer of TRISO fuel — a robust, high-performance fuel essential to advanced nuclear reactors for both terrestrial and space applications. Standard Nuclear offers a reactor-agnostic supply of advanced fuels to the next-generation nuclear industry and delivers dependable radioisotope power solutions to the space and defense sectors. Through these efforts, it is helping to eliminate U.S. reliance on geopolitical adversaries for these strategically vital technologies. For more information, visit: https://www.standardnuclear.com/Forward-Looking StatementsThis press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.View source version on businesswire.com: https://www.businesswire.com/news/home/20260616604000/en/Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.comInvestor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.comFor Standard Nuclear:
StandardNuclear@icrinc.com Original: Oklo and Standard Nuclear Form Strategic Alliance to Strengthen Advanced Nuclear Fuel Supply Chain
US Market News
1週前
The Nuclear Company Trying to Build the Fuel-and-Reactor Stack in One ShotJune 9, 2026 8:43 AM
PR Newswire (US) Issued on behalf of Eagle Nuclear Energy Corp.Equity Insider News CommentaryRENO, Nev., June 9, 2026 /PRNewswire/ -- Plenty of nuclear stories ask investors to choose between the fuel side and the reactor side. Eagle Nuclear Energy Corp. (NASDAQ: NUCL) is trying to make the case that the more interesting long-term play may be owning both parts of the puzzle. Its latest move adds another layer to that strategy: the company has engaged Tensor Medium Corporation to support reactor simulation and optimization work tied to Eagle's small modular reactor program. Companies mentioned: Eagle Nuclear Energy Corp. (NASDAQ: NUCL), Oklo Inc. (NYSE: OKLO), NuScale Power Corporation (NYSE: SMR), Nano Nuclear Energy Inc. (NASDAQ: NNE), Centrus Energy Corp. (NYSE: LEU)KEY TAKEAWAYSEagle just added a technical AI layer to its SMR strategy. The company has engaged Tensor Medium to support reactor simulation and optimization work tied to its small modular reactor program, including modeling, materials optimization, quantum development, and future licensing-readiness support.This is about more than software. Management is positioning the Tensor Medium engagement as part of a broader integrated nuclear platform that combines domestic uranium resources with advanced SMR technology.Aurora remains a major part of the story. Eagle says it owns the largest conventional, measured and indicated uranium deposit in the United States, including 32.75 million pounds indicated and 4.98 million pounds inferred at the Aurora deposit, while continuing to target a pre-feasibility study in the second half of 2027.The broader nuclear trade is active. Public-market interest in SMRs, advanced reactors, domestic fuel supply, and uranium infrastructure has remained elevated as policy support and electricity-demand narratives continue to drive attention across the sector.Retail investors now have a clearer angle on Eagle's story. The company is not only talking about uranium in the ground; it is also trying to show how reactor development, technical partnerships, and future licensing work could fit into a larger domestic nuclear platform.For retail investors, that matters because it makes the Eagle story easier to understand. This is no longer just a uranium-resource story or just an abstract reactor-development story. Eagle is trying to build a more integrated nuclear platform that links domestic uranium resources with advanced reactor ambitions, and the Tensor Medium engagement helps show how management wants to turn that idea into something more technically grounded.Why This Update MattersUnder the new engagement, Tensor Medium will support reactor modeling and simulation efforts for Eagle's SMR program, including reactor design support, materials optimization, quantum utilization , and support for future licensing and regulatory readiness. Eagle says those workstreams fit into its broader strategy of advancing an integrated nuclear energy platform combining domestic uranium resources with advanced SMR technology.That is important because next-generation reactor stories often rise or fall on whether investors can see a path from concept to engineering reality. Bringing in a specialist partner with expertise in AI tensor-network mathematics, physics-based simulations, and high-performance computing gives Eagle a more tangible way to talk about reactor-design optimization and future development work.CEO Mark Mukhija framed the engagement as an important step in the evolution of Eagle's SMR program and the company's broader nuclear-energy platform strategy. Tensor Medium founder Dr. Boian Alexandrov said his firm's advanced simulation and optimization capabilities are well-suited to next-generation reactor-development programs such as Eagle's initiative.The Bigger Eagle ThesisWhat separates Eagle from many other nuclear stories is that it is trying to connect upstream fuel exposure with downstream reactor ambition. The company describes itself as a next-generation nuclear energy company that combines domestic uranium exploration with exclusive rights to certain small modular reactor technologies.Eagle says it owns the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon. According to the company, that includes the Aurora deposit with 32.75 million pounds indicated and 4.98 million pounds inferred of near-surface uranium resource under an S-K 1300 Technical Report Summary, along with the adjacent Cordex deposit, which it believes could expand the overall resource inventory.That gives investors two angles to watch at once. On one side, there is the resource-development path tied to uranium and a targeted pre-feasibility study in the second half of 2027. On the other side, there is the reactor-development path, where partnerships like Tensor Medium can help shape the modeling, simulation, and optimization work needed to move an SMR concept toward something more licensable and commercially relevant.More on the company's integrated strategy, uranium assets, and SMR initiative can be found on the Eagle Nuclear homepage, the company's SMR technology page, and the Aurora Uranium Project page.Why Tensor Medium FitsTensor Medium is not being presented as a general consultant. Eagle describes the company as an advanced algorithm and artificial intelligence business focused on tensor factorization methods, high-performance computing, and physics-based simulations at the exascale level.According to the press release, Tensor Medium's work has applications across nuclear engineering, materials science, defense systems, and national security, and founder Dr. Alexandrov is a former Los Alamos National Laboratory theoretical physicist. That kind of background matters in a sector where advanced modeling, materials behavior, and licensing readiness can become just as important as the reactor concept itself.Retail investors do not need to understand every technical detail of tensor networks to understand the strategic point. Eagle is trying to show that it is surrounding its SMR program with specialist capabilities that could help refine design choices and support future development milestones.The Sector TapeEagle is entering this conversation at a time when the broader nuclear trade has been drawing renewed interest from both investors and policymakers. Rising power demand, AI-driven data-center load growth, domestic fuel security, and a broader push for clean baseload generation have all helped keep advanced nuclear names in focus.Oklo Inc. (NYSE: OKLO) has been one of the most closely watched advanced-nuclear names, with investor attention recently boosted by favorable fuel-related developments and continued focus on the company's commercial deployment plans later this decade.NuScale Power Corporation (NYSE: SMR) remains one of the best-known public SMR names. Recent market commentary has highlighted strong moves in the stock alongside broader enthusiasm for next-generation nuclear infrastructure and reactor deployment narratives.Nano Nuclear Energy Inc. (NASDAQ: NNE) has also remained in the public-market spotlight as investors look for smaller and more flexible advanced-reactor concepts. Recent commentary around government support for nuclear and a renewed push toward reactor deployment has helped keep the name on retail radar screens.Centrus Energy Corp. (NYSE: LEU) adds the fuel-cycle angle to the comp set. The company is strategically important because it operates the only U.S.-owned, NRC-licensed facility producing HALEU in the United States, placing it near the center of the domestic fuel-supply conversation that underpins many advanced-reactor and SMR narratives.Why Retail Investors May CareThere is a simple reason Eagle's story can resonate with retail investors: it offers exposure to multiple areas of the domestic nuclear value chain. If the uranium side strengthens with domestic supply urgency, Eagle has a large in-ground resource narrative. If the SMR side gains traction, the company can point to technical partnerships and reactor-development workstreams that support a broader nuclear-platform strategy.That does not remove risk. Eagle's own cautionary language makes clear that future licensing, permitting, technical validation, capital needs, and commercialization timelines remain uncertain. But the latest Tensor Medium engagement gives the market a more concrete sign that Eagle is trying to put real engineering infrastructure around its reactor ambitions instead of leaving the story at a high level.For investors following the resurgence in domestic nuclear development, that combination of uranium exposure and SMR optionality is what makes Eagle a name worth watching. Additional company information is available on the Eagle Nuclear homepage.About Eagle Nuclear Energy Corp.Eagle Nuclear Energy Corp. is a next-generation nuclear energy company that combines domestic uranium exploration with exclusive rights to certain small modular reactor technologies. The company says it owns the largest conventional, measured, and indicated uranium deposit in the United States, located in southeastern Oregon, including the Aurora and Cordex deposits.The company is advancing its flagship Aurora Uranium Project toward a pre-feasibility study currently targeted for the second half of 2027 while also pursuing broader SMR development initiatives. Additional company information is available on the Eagle Nuclear homepage and the company's Aurora Uranium Project page.Eagle EyeSEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time—and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.dev.Contact
Equity Insider
info@equity-insider.comDisclaimer: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.... USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed by USA News Group on behalf of MIQ. MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article or email as the basis for any investment decision. The owner/operator of MIQ currently owns shares of Eagle Nuclear Energy Corp. that were purchased in the open market and reserves the right to buy and sell, and will buy and sell shares of Eagle Nuclear Energy Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company; no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been reviewed and approved on behalf of Eagle Nuclear Energy Corp. by CDMG; this is a digital media distribution.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Logo: https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg View original content:https://www.prnewswire.com/news-releases/the-nuclear-company-trying-to-build-the-fuel-and-reactor-stack-in-one-shot-302795269.htmlSOURCE Equity Insider Original: The Nuclear Company Trying to Build the Fuel-and-Reactor Stack in One Shot
US Market News
2週前
The $1 Billion Bet to Take Fusion PublicJune 3, 2026 10:47 AM
PR Newswire (Canada) Issued on behalf of General Fusion Inc.VANCOUVER, BC, June 3, 2026 /CNW/ -- Equity-Insider.com News Commentary — Fusion has been "thirty years away" for half a century — but the calculus is changing fast. The International Energy Agency projects global electricity demand will grow roughly 40% to 50% by 2035, driven in part by artificial-intelligence data centers, electrification, and industrial growth[1]. That surge has pulled next-generation energy toward the public markets and opened the door to pre-revenue developers; General Fusion's own move is a roughly US$1 billion transaction that is expected to make it, by the company's account, the first publicly traded pure-play fusion company[2]. That collision of demand and capital is pulling General Fusion Inc., NuScale Power Corporation (NYSE: SMR), Oklo Inc. (NYSE: OKLO), Centrus Energy Corp. (NYSE: LEU), and NANO Nuclear Energy Inc. (NASDAQ: NNE) into the spotlight. The transaction terms are concrete. The business combination implies a pro-forma equity value of approximately US$1 billion, inclusive of a committed and oversubscribed private placement (PIPE) of about US$107.7 million from institutional investors and roughly US$230 million of Spring Valley's trust capital, assuming no redemptions[2]. General Fusion has raised more than US$400 million to date from institutional investors, strategics, venture-capital firms, industry partners, and government grants, and intends to use the proceeds to advance its Lawson Machine 26 (LM26) demonstration program and steps toward a first commercial plant[2].General Fusion announced on June 1, 2026 that its leadership team will participate in a series of major investor and industry conferences throughout June — a coming-out tour in advance of its anticipated listing on the Nasdaq. The Vancouver-based company, led by CEO Greg Twinney, is preparing to go public through a business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC), a transaction targeted to close in mid-2026, after which the combined company is expected to trade under the ticker "GFUZ."Founded in 2002, General Fusion is one of the oldest privately funded fusion ventures in the world, backed by a global syndicate of energy venture-capital firms, industry leaders, and technology pioneers. Its approach, called Magnetized Target Fusion ("MTF"), mechanically compresses a magnetized plasma using a liquid-lithium liner — deliberately avoiding the enormous superconducting magnets of tokamaks and the high-powered lasers of inertial-confinement designs. The pitch is practicality: machines built from existing materials that could produce cost-effective energy, rather than experiments that never leave the national lab.The June schedule is dense. General Fusion plans to participate in Stifel's Ninth Annual Boston Cross Sector 1x1 Conference on June 2–3 in Boston; to attend the 16th Annual ROTH London Conference in London from June 16–18; and — the marquee appearance — to put Chief Strategy Officer Megan Wilson on stage at FusionX:Americas in Boston, June 9–11. Wilson is slated for a fireside chat with George Gianarikas, Managing Director at Canaccord Genuity, on June 9 at 5:00 p.m. ET, in a discussion centered on the evolving role of public markets in advancing fusion energy."Fundamentally, our plan has been underpinned by our focus on practical commercial fusion power, and our philosophy that we need to methodically buy down risk by demonstrating real results. That has not changed," Chief Strategy Officer Megan Wilson said, adding "What this transaction gives us now is that we are in growth mode." [5] The substance behind that push is General Fusion's Lawson Machine 26 (LM26), which the company announced in early 2025 as the world's first MTF demonstration machine built at a commercially relevant scale — compressing plasma with a lithium liner at 50% of commercial-scale diameter, built in under two years. LM26's milestones read like a roadmap: heat plasma to 1 keV (10 million degrees Celsius), then to 10 keV (100 million degrees Celsius), and ultimately to reach the Lawson criterion, the threshold conditions for net fusion energy in the plasma.Crucially, General Fusion's path to market runs through a SPAC sponsor with a specific track record in this lane. Spring Valley has raised roughly $920 million across four IPOs, and its earlier vehicles took NuScale Power Corporation and Eagle Nuclear Energy Corp. public — the same sponsor network now backing a fusion debut and the team that brought Renewable Energy Group public at $10 and sold to Chevron for $61.50 in a ~$3 billion sale. The company has not built a commercial reactor that produces net energy, and it has publicly targeted a first-of-a-kind plant for the mid-2030s; the conference circuit marks its transition from a private research company to a public one.CONTINUED… Read this and more on General Fusion at: GeneralFusion.comOther industry developments and happenings in the market include:NuScale Power Corporation (NYSE: SMR) reported first-quarter 2026 results highlighted by $1.0 billion in liquidity and continued momentum on the largest nuclear deployment program in U.S. history — up to 6 gigawatts of NuScale small modular reactor capacity being planned by its strategic partner ENTRA1 Energy with the Tennessee Valley Authority. Shareholders of Romania's Nuclearelectrica also approved advancing the next phase of the RoPower project, a six-module plant at a former coal site in Doicesti."We ended the first quarter with $1 billion in liquidity, expanded our supply chain partnership with Framatome and saw continued progress on the TVA program," said John Hopkins, President and CEO of NuScale Power. "We are building the infrastructure that this pivotal moment requires." As the only small modular reactor developer with a U.S. Nuclear Regulatory Commission-approved design, NuScale carries a first-mover regulatory advantage — and, like General Fusion, has partnered with Spring Valley to reach the public markets.Oklo Inc. (NYSE: OKLO), the fast-fission developer co-founded and led by Jacob DeWitte, continued de-risking its Aurora powerhouse after the NRC approved the project's Principal Design Criteria, with commercial deployment at Idaho National Laboratory targeted for late 2027. The company was also among five selected by the U.S. for advanced talks on using surplus government plutonium as reactor fuel.DeWitte described that material as a potential "bridge fuel" that could help "bring more reactors online sooner." With CEO Jacob DeWitte appointed to the President's Council of Advisors on Science and Technology, Oklo has become a bellwether for how much investors will pay for a compelling pre-commercial energy story — the high-momentum end of the advanced-nuclear trade that General Fusion is now planning to enter.Centrus Energy Corp. (NYSE: LEU) reported first-quarter 2026 net income of $10.0 million and raised its full-year revenue guidance, underpinned by a commercial low-enriched-uranium backlog it has pegged at roughly $2.3 billion, a federally backed $900 million high-assay low-enriched uranium (HALEU) enrichment award, and a multi-billion-dollar enrichment-plant expansion in Piketon, Ohio."The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale," said Amir Vexler, President and CEO of Centrus. Unlike the pre-revenue developers, Centrus already generates real cash flow — a reminder that parts of the nuclear-renaissance trade are further along the commercialization curve than others.NANO Nuclear Energy Inc. (NASDAQ: NNE) reported second-quarter fiscal 2026 results alongside the formal submission of a Construction Permit Application to the U.S. NRC for its first full-scale KRONOS MMR microreactor prototype at the University of Illinois, supported by a working-capital position of roughly $566 million."The formal submission of the Construction Permit Application to the U.S. NRC for our first full-scale KRONOS MMR system prototype… marked a major milestone as the program advances from engineering into construction readiness," said James Walker, CEO of NANO Nuclear. Like General Fusion, NANO is a pre-commercial company whose value rests on technology that has yet to reach the market — the closest peer in risk profile, if not in physics.FURTHER READING: General Fusion — Investor CenterTRACK THE TREND WITH EAGLE EYE:To help investors track sentiment and market-forum activity around developing stories like this one, MIQ offers Eagle Eye, a free investor-signal tool that scans market-forum discussion for emerging trends. It is available to everyone at eagleye.usanewsgroup.com as a research aid — not investment advice — to help investors make more informed decisions.CONTACT:EQUITY INSIDER
info @therooster-2873DISCLAIMER:This article is a paid digital media distribution and is for informational purposes only. It is not financial, investment, or trading advice, and is neither an offer nor a recommendation to buy or sell any security. Readers should conduct their own due diligence and consult a licensed financial advisor before making investment decisions.This article is distributed by Equity Insider on behalf of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for General Fusion Inc. ("General Fusion") advertising and digital media distribution by Creative Direct Marketing Group ("CDMG"). MIQ does not own shares of General Fusion Inc. or Spring Valley Acquisition Corp. III ("SVAC") but reserves the right to buy and sell shares of the company at any time. Eagle Eye is a free investor-signal research tool owned and operated by MIQ; references to it in this article are promotion of an MIQ product, not independent endorsement, and Eagle Eye does not provide investment advice.Certain statements in this article constitute "forward-looking information," including statements regarding the proposed business combination with Spring Valley Acquisition Corp. III and its timing, approvals, and financing; the future Nasdaq listing of the combined company; the General Fusion MTF technology and the LM26 program and its milestones; commercialization timelines; the conferences described; and the markets for fusion and advanced-nuclear energy. Such statements are subject to risks and uncertainties — including the risk the business combination may not close on the expected timeline or at all, failure to satisfy closing conditions or obtain approvals, financing and dilution risk, the early-stage and unproven nature of the technology, the risk that net fusion energy is not achieved, regulatory risk, competition, and other factors — that could cause actual results to differ materially. Readers are advised not to place undue reliance on forward-looking information. Comparable companies referenced herein are independent, publicly traded third parties included for industry context; certain of them were identified as peers in General Fusion's own public deal materials. Their inclusion is not a recommendation, and MIQ has no business relationship with them.Cautionary Note Regarding Forward-Looking StatementsCertain statements included in this document are not historical facts but are forward-looking statements. All statements other than statements of historical facts contained in this document are forward-looking statements. Any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. In some cases, you can identify forward-looking statements by words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "strategy," "future," "opportunity," "may," "target," "should," "will," "would," "will be," "will continue," "will likely result," "preliminary," or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements include, without limitation, SVAC's, General Fusion's, or their respective management teams' expectations concerning General Fusion's plan to go public through a business combination with SVAC (the transactions contemplated by the business combination, collectively, the "Proposed Business Combination") and expected benefits or timing thereof; the outlook for General Fusion's business, including its ability to commercialize MTF or any other fusion technology on its expected timeline or at all; statements regarding the current and expected results of General Fusion's LM26 program; the ability to execute General Fusion's strategies, including on any expected timeline or anticipated cost basis; projected and estimated financial performance; anticipated industry trends; future capital expenditures; government regulation of fusion energy; and environmental risks; as well as any information concerning possible or assumed future results of operations of General Fusion. The forward-looking statements are based on the current expectations of the respective management teams of SVAC and General Fusion, as applicable, and are inherently subject to uncertainties and changes in circumstance and their potential effects. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, (i) the risk that the Proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of SVAC's securities; (ii) the failure to satisfy the conditions to the consummation of the Proposed Business Combination, including the adoption of the business combination agreement, dated January 21, 2026, among General Fusion, SVAC, and the other party thereto (the "Business Combination Agreement") by the shareholders of SVAC and the receipt of regulatory approvals; (iii) market risks; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement; (v) the effect of the announcement or pendency of the Proposed Business Combination on General Fusion's business relationships, performance, and business generally; (vi) risks that the Proposed Business Combination disrupts current plans of General Fusion and potential difficulties in its employee retention as a result of the Proposed Business Combination; (vii) the outcome of any legal proceedings that may be instituted against General Fusion or SVAC related to the Business Combination Agreement or the Proposed Business Combination; (viii) failure to realize the anticipated benefits of the Proposed Business Combination; (ix) the inability to maintain the listing of SVAC's securities or to meet listing requirements and maintain the listing of the combined company's securities on Nasdaq; (x) the risk that the Proposed Business Combination may not be completed by SVAC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by SVAC; (xi) the risk that the price of the combined company's securities may be volatile due to a variety of factors, including changes in laws, regulations, technologies, natural disasters, national security tensions, and macro-economic and social environments affecting its business; (xii) laws and regulations governing General Fusion's research and development activities, and changes in such laws and regulations; (xiii) any failure to commercialize MTF on the expected timeline or at all, including any failure to achieve the objectives of the LM26 program; (xiv) environmental regulations and legislation; (xv) the effects of climate change, extreme weather events, water scarcity, and seismic events, and the effectiveness of strategies to deal with these issues; (xvi) fluctuations in currency markets; (xvii) General Fusion's ability to complete and successfully integrate any future acquisitions; (xviii) increased competition in the fusion industry; (xix) limited supply of materials and supply chain disruptions; and (xx) the risk that the proposed private placement of convertible preferred shares and warrants by General Fusion (the "PIPE Financing") may not be completed, or that other capital needed by the combined company may not be raised on favorable terms, or at all, including as a result of the restrictions agreed to in connection with the PIPE Financing. The foregoing list is not exhaustive, and there may be additional risks that neither SVAC nor General Fusion presently know or that SVAC and General Fusion currently believe are immaterial. You should carefully consider the foregoing factors, any other factors discussed in this document and the other risks and uncertainties described in the "Risk Factors" section of SVAC's final prospectus for its initial public offering, which was filed with the SEC on September 4, 2025 (the "Final Prospectus"); the risks described in the joint registration statement on Form F-4 filed by General Fusion and SVAC, as amended (the "Registration Statement"), which includes a preliminary proxy statement/prospectus, or to be described in any amendment or supplement thereto; and those discussed and identified in filings made with the SEC by SVAC from time to time. General Fusion and SVAC caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth in this document speak only as of the date of this document. Neither General Fusion nor SVAC undertakes any obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs. In the event that any forward-looking statement is updated, no inference should be made that General Fusion or SVAC will make additional updates with respect to that statement, related matters, or any other forward-looking statements. Any corrections or revisions and other important assumptions and factors that could cause actual results to differ materially from forward-looking statements, including discussions of significant risk factors, may appear, up to the consummation of the Proposed Business Combination, in SVAC's public filings with the SEC, which are or will be (as applicable) accessible at www.sec.gov, and which you are advised to review carefully.Important Information for Investors and ShareholdersIn connection with the Proposed Business Combination, General Fusion and SVAC filed with the SEC the Registration Statement, which includes a preliminary prospectus with respect to SVAC's securities to be issued in connection with the Proposed Business Combination and a preliminary proxy statement in connection with SVAC's solicitation of proxies for the vote by SVAC's shareholders with respect to the Proposed Business Combination and other matters described in the Registration Statement (the "Proxy Statement"). After the SEC declares the Registration Statement effective, SVAC plans to file the definitive Proxy Statement with the SEC and to mail copies to SVAC's shareholders as of a record date to be established for voting on the Proposed Business Combination. This document does not contain all the information that should be considered concerning the Proposed Business Combination and is not a substitute for the Registration Statement, Proxy Statement or for any other document that SVAC has filed or may file with the SEC. Before making any investment or voting decision, investors and security holders of SVAC and General Fusion are urged to read the Registration Statement and the Proxy Statement, and any amendments or supplements thereto, as well as all other relevant materials filed or that will be filed with the SEC in connection with the Proposed Business Combination as they become available because they will contain important information about General Fusion, SVAC and the Proposed Business Combination. Investors and security holders are able to obtain free copies of the Registration Statement, the Proxy Statement and all other relevant documents filed or that will be filed with the SEC by SVAC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by SVAC may be obtained free of charge from SVAC's website at https://sv-ac.com or by directing a request to Spring Valley Acquisition Corp. III, Attn: Corporate Secretary, 2100 McKinney Avenue, Suite 1675, Dallas, Texas 75201. The information contained on, or that may be accessed through, the websites referenced in this document is not incorporated by reference into, and is not a part of, this document.Participants in the SolicitationGeneral Fusion, SVAC and their respective directors, executive officers and other members of management and employees may, under the rules of the SEC, be deemed to be participants in the solicitations of proxies from SVAC's shareholders in connection with the Proposed Business Combination. For more information about the names, affiliations and interests of SVAC's directors and executive officers, please refer to the Final Prospectus and the Registration Statement, Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the Proposed Business Combination when they become available. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, which may, in some cases, be different than those of SVAC's shareholders generally, will be included in the Registration Statement and the Proxy Statement, when they become available. Shareholders, potential investors and other interested persons should read the Registration Statement and the Proxy Statement carefully, when they become available, before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.No Offer or SolicitationThis document shall not constitute a "solicitation" as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This document shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase, any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction. No offering of securities in the Proposed Business Combination shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom.SOURCES:
https://www.iea.org/reports/world-energy-outlook-2025
https://generalfusion.com/post/general-fusion-business-combination-announcement/
https://generalfusion.com/post/general-fusion-to-participate-in-june-investor-and-industry-conferences/
https://www.sec.gov/Archives/edgar/data/2074850/000110465926024738/tm268233d1_425.htmLogo - https://mma.prnewswire.com/media/2840019/6001947/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/the-1-billion-bet-to-take-fusion-public-302790359.html Original: The $1 Billion Bet to Take Fusion Public
US Market News
2月前
Oklo Announces Date for First Quarter 2026 Financial Results and Business Update CallApril 28, 2026 4:30 PM
Business Wire
Oklo Inc. (NYSE: OKLO) ("Oklo," or "the Company"), an advanced nuclear technology company, today announced it will release its financial results and provide business updates for the first quarter ended March 31, 2026, after market close on Tuesday, May 12, 2026, followed by a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).
Jacob DeWitte, co-founder and Chief Executive Officer, and Craig Bealmear, Chief Financial Officer, will participate in the call.
Webcast Details:
Date: Tuesday, May 12, 2026
Time: 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time
Webcast: https://events.q4inc.com/attendee/703860425 (live and replay)
North America Toll-Free: +1 833-461-5787
International Toll: +1 585-542-9983
Regional Dial-Ins: https://help.events.q4inc.com/eahc/international-dial-in-numbers
Meeting ID: 703860425
The webcast will be broadcast live and available for replay. A copy of the investor presentation and financial results will be available on Oklo’s website at https://oklo.com/investors, providing additional insights into the company's performance and strategic direction.
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
Forward-Looking Statements
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428631386/en/
Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com
Original: Oklo Announces Date for First Quarter 2026 Financial Results and Business Update Call
US Market News
2月前
America's Largest Conventional Uranium Deposit Just Broke Ground on a Production RoadmapApril 15, 2026 9:44 AM
PR Newswire (Canada)
Issued on behalf of Eagle Nuclear Energy Corp.As Spot Uranium Touched $101/lb and SMR Buildouts Accelerate, One Newly-Listed Nasdaq Developer Is Quietly Becoming a Domestic Supply-Chain AnchorUSANewsGroup.com News CommentaryNEW YORK, April 15, 2026 /CNW/ -- The most consequential shift in the U.S. nuclear story over the past 18 months hasn't been a single executive order, a single SMR contract, or a single utility's reactor restart. It's been the convergence of all of them.
Uranium spot prices punched through $100/lb for the first time since 2007 in late January, hitting $101.41/lb on January 29, 2026 before a geopolitical pullback brought them back to the mid-$80s. But the more telling number is the long-term contract price — which has now climbed to $93/lb, the highest level since 2008. Cameco's president and COO Grant Isaac, speaking at the Prospectors & Developers Association of Canada convention in March, made the point that matters: utilities' "uncovered requirements" — future uranium demand not yet under contract — have reached record levels."The forward demand that has yet to come to the market has never been bigger," Isaac said.That's the demand side. On the supply side, the U.S. produces a fraction of the uranium it consumes, and most of the global enrichment capacity sits in countries Washington no longer wants to depend on. The Department of Energy has responded with $2.7 billion in fresh contracts to Centrus and other domestic enrichers to offset Russian supply. The Trump administration has cut regulatory friction on uranium converters and approved deals for new reactor builds. And the Sprott Physical Uranium Trust — after a six-month lull — has bought more than 5 million pounds of uranium year-to-date, briefly pushing spot prices back to $100.Add the AI-data-center electricity buildout and reactor life extensions out to 60 years on top of all of that, and the structural picture becomes hard to argue with. Even partial follow-through on AI-era power demand would expand the uranium consumption curve by an order of magnitude.Which brings us to the developer end of the supply chain — and to one company that just confirmed a 47-hole drill program at what it describes as the largest conventional, measured and indicated uranium deposit in the United States.A Newly-Listed Nasdaq Developer Sitting on the Largest Conventional Deposit in the U.S.Today, Eagle Nuclear Energy Corp. (NASDAQ: NUCL) released its first quarter 2026 corporate update, providing the clearest view yet of how its flagship Aurora Project in southeastern Oregon is being walked through the development pipeline.The headline: a 47 diamond drill hole program totaling 27,000 feet of drilling will commence in July 2026, designed to advance Aurora toward a Pre-Feasibility Study targeted for the second half of 2027.The company has now formally filed permit applications with both the federal Bureau of Land Management and Oregon's Department of Geology and Mineral Industries (DOGAMI). It has engaged Harris Exploration Drilling & Associates Inc. to provide the drill rigs. And it has retained SLR International Corporation to lead the broader permitting effort. Behind the scenes, BBA USA Inc. delivered the technical Gap Analysis study that designed the drill program — optimizing hole count, location, and orientation to fill the data gaps Aurora needs to clear before the PFS lands.CEO Mark Mukhija framed it cleanly in the announcement: "During the first quarter, Eagle made significant progress as we completed our business combination with Spring Valley Acquisition Corp. II, commenced trading on the Nasdaq, and simultaneously achieved a number of key operational milestones to advance our flagship Aurora Uranium Project site."Mukhija continued: "Alongside our drill program announcement, we have moved swiftly to secure drill rigs with a premier contractor in the mining industry and file permit applications that are essential to beginning the program. Aurora anchors Eagle's long-term strategy to develop an integrated nuclear energy platform combining domestic uranium resources with advanced SMR, and these steps move us closer to this goal."That last sentence — about combining uranium resources with advanced SMR — is the part most uranium investors haven't fully priced in yet.The Resource: 32.75 Million Pounds Indicated, Plus an Adjacent Expansion AssetEagle's Aurora deposit hosts 32.75 million pounds Indicated and 4.98 million pounds Inferred U3O8 (SK-1300 Technical Report Summary), located near-surface in southeastern Oregon. The adjacent Cordex deposit offers significant potential to expand that overall resource inventory.For context: at recent long-term contract pricing of approximately $93/lb, the Indicated category alone represents in-ground value measured in the billions, before any drill-driven resource expansion or upgrade to higher confidence categories.The drill program itself is intentionally surgical. BBA optimized the 47-hole, 27,000-foot footprint to address the specific data gaps standing between Aurora and a PFS-grade resource model. The objective isn't a sprawling scout campaign — it's a focused, PFS-targeted exercise scheduled to begin in July, with a financial position to match: Eagle reported $31.3 million in cash and zero debt as of February 28, 2026.Why the SMR Angle MattersMost uranium developers sell pounds. Eagle is positioning to sell a platform.The company's stated long-term strategy is to combine domestic uranium production with exclusive Small Modular Reactor (SMR) technology — building toward an integrated nuclear platform rather than a pure mining play. That matters because the SMR market itself is undergoing one of the most aggressive capital-formation cycles in the broader energy transition. Companies like Oklo (NYSE: OKLO) and NuScale Power (NYSE: SMR) have seen valuations rerate sharply on the basis of forward design contracts and government partnerships, even before commercial-scale deployment.A vertically integrated player that owns both the fuel resource and the reactor technology occupies a structurally different position in the value chain — and one that aligns with both the U.S. supply-chain security agenda and the AI-data-center power demand curve.In March 2026, Eagle joined the Uranium Producers of America, a trade body whose membership reflects the company's stated commitment to strengthening the domestic uranium supply. The signaling is consistent with the company's broader posture: this is a company building for an environment where domestic origin and supply-chain integration carry meaningful pricing power.Recent Operational MilestonesThe Q1 2026 update outlined a tight cadence of execution:In January 2026, Eagle announced its engagement with BBA USA Inc. to develop the Gap Analysis study designed to address data gaps at Aurora and advance the project toward a PFS.In February 2026, the company completed its business combination with Spring Valley Acquisition Corp. II, with the combined company commencing trading on the Nasdaq under "NUCL" on February 25, 2026.In March 2026, Eagle selected SLR International Corporation to lead permitting and joined the Uranium Producers of America.In April 2026, the company announced the drill program, retained Harris Exploration Drilling & Associates, and formally filed its permit applications with BLM and DOGAMI.That's four major operational milestones in four months — from a company that's been publicly listed under its current ticker for less than 60 days.How the Comp Set Lines UpEagle's positioning becomes clearer when set against the broader U.S. uranium and nuclear peer group.Energy Fuels Inc. (NYSE American: UUUU) is one of the most established U.S. uranium producers and mill operators, owning the only conventional uranium mill currently licensed and operating in the United States — the White Mesa Mill in Utah. Energy Fuels has historically been one of the largest U.S. producers and benefits from the same domestic supply-chain policy tailwinds Eagle is positioned to capture, with the added optionality of a rare earths processing line. For investors comparing Aurora's resource scale against an actively producing U.S. peer, UUUU is the closest reference point.Denison Mines Corp. (NYSE American: DNN) is a Canadian uranium developer focused on its Wheeler River project (Phoenix and Gryphon deposits) — one of the largest undeveloped uranium projects in the Athabasca Basin. Denison also holds a 22.5% stake in the McClean Lake joint venture, which includes a major mill currently processing ore from Cigar Lake under a toll milling agreement. The story is high-grade Canadian development versus Eagle's U.S. conventional, near-surface scale — different geology, different jurisdiction, but a useful contrast for investors thinking about what an undeveloped uranium asset can become.Oklo Inc. (NYSE: OKLO) is the SMR comparable that has captured the most market attention. The company's Aurora reactor design — somewhat ironically sharing a name with Eagle's flagship deposit — is built to run on spent nuclear fuel and has become a benchmark name for investors trying to play the SMR thesis directly. Oklo's stock chart over the past 18 months underscores how aggressively the market is willing to reward credible SMR exposure. For Eagle, OKLO represents the technology end of the value chain that NUCL's strategy is built to integrate with.NuScale Power Corporation (NYSE: SMR) is the longer-tenured U.S. SMR designer, with the most advanced regulatory positioning of any domestic SMR pure-play. NuScale's progress through the U.S. Nuclear Regulatory Commission process and its ongoing development partnerships make it the reference name for what a permitted, deployable SMR pathway looks like in the United States. For investors trying to model what an integrated uranium-plus-SMR platform might ultimately resemble, NuScale provides the most concrete real-world analog of the reactor-side execution Eagle's strategy depends on.The pattern across the comp set is consistent: uranium producers like Energy Fuels and Denison sit on one side of the value chain, SMR designers like Oklo and NuScale sit on the other, and very few companies are credibly building toward both. Eagle is one of the few — with a near-surface resource of meaningful scale, fresh capital, and a permit-stage drill program scheduled to break ground in 90 days.The SetupThe uranium price has declared itself. The long-term contract market is signaling utility scarcity at $93/lb — the highest level since 2008. The Trump administration is actively rewriting domestic supply-chain economics. The AI buildout is rewriting the demand curve. And the SMR market is approaching the point where deployable reactor designs meet utility-scale orderbooks.Eagle Nuclear Energy is running into that environment with the largest conventional, measured and indicated uranium deposit in the U.S., a 47-hole drill program scheduled for July 2026, $31.3 million in the bank, and an integrated uranium-plus-SMR strategy that very few of its peers are even attempting.The drills go in the ground in July. The PFS is targeted for the second half of 2027. The execution clock is running.CONTINUED… Read the full press release for Eagle Nuclear Energy's First Quarter 2026 Corporate Update by clicking here.For the latest updates, visit www.eaglenuclear.com and follow Eagle Nuclear Energy on the Nasdaq under the symbol NUCL.Article Source:https://www.eaglenuclear.comCONTACT:USA News Group(604) 265-2873editor@usanewsgroup.comDISCLAIMER:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USANewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from Casteele Direct Media Group ("CDMG"). There may be 3rd parties who may have shares of Eagle Nuclear Energy Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.This article was distributed by USA News Group on behalf of MIQ. MIQ has been paid a fee for Eagle Nuclear Energy Corp. advertising and digital media from CDMG. The above article is sponsored content. USANewsGroup.com, including its owners, directors, employees and affiliates ("USA"), and Market IQ Media Group, Inc. ("MIQ"), including its owners, directors, employees and affiliates, has been compensated by CDMG to provide investor awareness services for Eagle Nuclear Energy Corp. USA/MIQ does not own any shares of Eagle Nuclear Energy Corp. but reserves the right to buy or sell shares of the company in the open market at any time and without notice. Emails and online communication from USA/MIQ are intended to provide thought-provoking ideas to a self-directed investor audience, are not personalized investment advice, and should be considered advertisements as part of paid promotional services. Information on companies covered in our communications is widely available from third-party public sources, and we strongly encourage all readers to review such public information (including SEC and other regulatory filings) before investing. Investing in securities is highly speculative and may result in the loss of some or all of the capital invested. Past performance is not indicative of future results.Cautionary Note Regarding Forward-Looking StatementsThis release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that the business combination with Spring Valley Acquisition Corp. II will not produce its anticipated benefits; that Eagle Nuclear Energy may be unable to maintain its Nasdaq listing; that actual results may differ materially from those expressed or implied in any forward-looking statement made in this release; that legal proceedings, regulatory developments, market volatility, and commodity price fluctuations (including for uranium) may adversely affect Eagle Nuclear Energy's business and the price of its securities; that the Company may be unable to obtain or renew permits required for the operation, exploration, and development of the Aurora Project on its targeted timeline or at all; risks associated with the speculative nature of mineral exploration and development; and the inability to determine, with certainty, production and cost estimates. Investors are encouraged to review Eagle Nuclear Energy's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form S-4 initially filed by the Company on September 30, 2025, and the definitive proxy statement / prospectus contained therein, and any subsequent filings, available at www.sec.gov, for additional information regarding the risks and uncertainties facing the Company.The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results.Logo - https://mma.prnewswire.com/media/2838876/5918004/USA_News_Group_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/americas-largest-conventional-uranium-deposit-just-broke-ground-on-a-production-roadmap-302743294.htmlSOURCE USA News Group
Original: America's Largest Conventional Uranium Deposit Just Broke Ground on a Production Roadmap
US Market News
2月前
Oklo Announces Changes to its Board of Directors and Management Team to Support its Continued GrowthApril 14, 2026 4:15 PM
Business Wire
Oklo welcomes Dr. Mark Peters, David Christian, Derek Kan, and David Park as new directors, bringing decades of experience executing complex and highly technical projects across a range of industries
Oklo appoints Michael Thompson as Lead Independent Director
Oklo announces plan to transition Pat Schweiger from Chief Technology Officer to a senior technical advisor
Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, today announced changes to its Board of Directors and management team designed to enable Oklo to meet its ambitious deployment goals across its integrated power-fuel-isotopes business.
“Over the past two years, we have built distinct business units responsible for powerhouses, fuel, fuel recycling, and isotopes. Each of these businesses has unprecedented tailwinds, but also distinct goals and needs. To capitalize on the scale of opportunity, we are bringing additional technical and execution experience to our Board and our team,” said Oklo co-founder and CEO Jacob DeWitte. “The changes we are announcing today are just the first part of an expansion that will allow us to move faster and do more simultaneously.”
Oklo appoints four new directors
Oklo has appointed Dr. Mark Peters, David Christian, Derek Kan, and David Park to its Board of Directors, effective April 10, 2026. This expansion adds a wide range of experienced executives from different industries who have been responsible for completing complicated and highly technical projects in the nuclear, energy, industrial, and infrastructure sectors.
“We welcome Mark, David, Derek, and David to our Board of Directors,” said DeWitte. “As we begin to build a wide range of facilities required to achieve our ambitious goal of jumpstarting the advanced nuclear energy sector in the United States and around the world, we are excited to lean on the decades of experience that they bring to our Board.”
“In order to support the world’s need for clean, reliable, and affordable energy, we need to be able to execute quickly and efficiently,” said Caroline DeWitte, Oklo co-founder and COO. “Each of these four new additions to our Board has a unique background and set of skills that we can learn from, and we look forward to benefiting from their vast operational experience in different industries and environments.”
About Oklo’s new directors
Dr. Mark Peters is the president and chief executive officer of MITRE, the global not-for-profit company that manages R&D centers around the world. A recognized expert in nuclear energy and national security, Peters spent more than 25 years leading scientific discovery for federally funded R&D centers. Prior leadership roles include serving as the executive vice president for laboratory management and operations at Battelle Memorial Institute, director of the Idaho National Laboratory, and president of Battelle Energy Alliance LLC, all of which are large R&D centers focused on nuclear energy, national and homeland security, and energy and environmental science and technology. Peters also served two years as chair of the National Laboratory Directors’ Council, an independent body that coordinates initiatives and advises the Department of Energy and other national laboratory stakeholders.
Peters was awarded the 2023 Henry DeWolf Smyth Nuclear Statesman Award, which recognizes individuals for outstanding service in developing and guiding the peaceful uses of nuclear energy. He is a member of the National Academy of Engineering and the Virginia Academy of Science, Engineering, and Medicine, and serves as Vice President and President-Elect of the American Nuclear Society. He also serves on the Idaho Power Board and the National Academies Board on Human-Systems Integration.
David Christian is the former executive vice president and chief innovation officer for Dominion Energy. Christian joined Virginia Power in 1976 and has held a variety of management positions with the company. Before being named CEO-Dominion Generation Group in June 2009, Christian was chief nuclear officer of the company’s Dominion Nuclear business unit. He became chief executive officer of the Energy Infrastructure Group and CEO-Dominion Virginia Power in January 2016 and assumed his post before retiring in January 2017.
Christian is chairman of the National Nuclear Accrediting Board and served on the management committee of the Institute for Electric Innovation at the Edison Electric Institute. He is past chairman of the Board of Directors of Nuclear Energy Insurance Ltd., for which he also served on its executive and governance committees. He served as a board member of the Foundation for Nuclear Studies and board member emeritus of CultureWorks.
Derek Kan is a senior executive whose career bridges the worlds of technology, high-growth startups, public company board governance, and federal policy. Kan currently serves as Vice President of Business Operations at Shopify, where he led company-wide strategy and spearheaded AI implementation and technology cost optimization across its global operations. He joined Shopify following its acquisition of Deliverr, a technology-enabled e-commerce fulfillment platform where he served as Chief Business Officer. He also served as General Manager for Lyft in Southern California, then the largest ridesharing market in the world. Earlier in his government career, Kan issued the first federal guidance framework for autonomous vehicles and launched a national drone pilot program, positioning him at the intersection of technology policy and emerging innovation.
Kan currently serves as Vice Chairman of the United States Postal Service Board of Governors, appointed by President Biden and unanimously confirmed by the Senate in May 2022. Kan also serves on the Board of Directors of Toll Brothers (NYSE: TOL), the nation's leading luxury homebuilder, and Globe Life Inc. (NYSE: GL), a company that offers a range of insurance products. Kan previously served on the board of Amtrak, where he helped guide the railroad from a $300 million annual operating loss to breakeven, and as a Board Observer for Rand Logistics (now Mainstay). Kan has also spent a significant amount of time in public service, serving as Deputy Director of the White House Office of Management and Budget, Under Secretary for Policy at the U.S. Department of Transportation, and as Chief Economic Policy Advisor to the then majority leader of the U.S. Senate.
David Park is the current CEO of Standard Lithium (NYSE: SLI), a publicly-traded commercial lithium company operating multiple facilities across the United States. Park has a strong energy and industrial sector background, with over 28 years of increasing responsibilities at a range of companies, including as President of Koch Strategic Platforms, Senior Vice President of Strategy and Business Development of Georgia-Pacific, LLC, President of TrueNorth Energy, and CFO of Koch’s Canadian exploration and production, pipeline, and energy trading business at Koch Exploration. Park also has nuclear experience: early in his career, he was an International Business Development Specialist at Atomic Energy of Canada Ltd.
Park has significant board experience and has served previously on the boards of a number of energy, technology, and industrial companies, including Unisource, Guardian Industries, Molex, and Mavenir.
Oklo appoints Michael Thompson as Lead Independent Director
Recognizing the importance of ensuring that its Board of Directors can continue to provide Oklo with a strong and independent perspective, Oklo has appointed Michael Thompson as its Lead Independent Director.
“Michael has been an invaluable resource to the Board and to Oklo since joining the Board last year,” said DeWitte. “His experience helping companies execute against ambitious goals through periods of hypergrowth will provide us and the Board with critical perspective over the coming years. Particularly as we continue to develop and grow across our four business units, Michael will play a key role helping the Board to provide independent oversight to our management team. We look forward to working even more closely with him as we pursue our mission to make abundant energy available to all.”
Oklo announces plans to transition Chief Technology Officer to technical advisor
As part of its efforts to update its management structure to reflect its focus on building business units tackling powerhouse deployment, fuel fabrication, fuel recycling, and radioisotope production, Oklo and Pat Schweiger, the Company’s Chief Technology Officer, have mutually agreed that Schweiger will transition to a senior technical advisory role over the coming weeks.
“We are incredibly appreciative of the work that Pat has done for Oklo since joining us first as a contractor and then as Chief Technology Officer. His decades of experience designing and building fast reactors enabled us to move rapidly as we broke ground and made significant strides designing our first-of-a-kind Aurora powerhouse at INL,” said DeWitte. “We plan to continue to rely on his technical expertise as we grow our management team to support the full range of units across our business.”
“I joined Oklo because I was excited to be part of a team that was designing and deploying sodium-cooled fast reactors, and I remain convinced that this technology will be the key to enabling the commercialization of the advanced nuclear industry,” said Schweiger. “I remain excited about Oklo’s outlook, and I look forward to continuing to support the team as a technical advisor as they continue to make progress toward their ambitious goals.”
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
Forward-Looking Statements
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260414372491/en/
Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com
Original: Oklo Announces Changes to its Board of Directors and Management Team to Support its Continued Growth
US Market News
3月前
Oklo Co-Founder and CEO Appointed to Serve on President’s Council of Advisors on Science and TechnologyMarch 25, 2026 5:27 PM
Business Wire
Oklo Inc. (NYSE: OKLO) ("Oklo," or "the Company"), an advanced nuclear technology company, today announced that Oklo’s CEO and co-founder Jacob DeWitte has been appointed by U.S. President Donald J. Trump to serve on the President’s Council of Advisors on Science and Technology (PCAST) alongside America’s leaders from science, engineering, and industry.
“Oklo’s Chief Operating Officer and co-founder Caroline DeWitte and I started this company 13 years ago, and every day we're proud, humbled, and excited by this journey,” said DeWitte. “I believe deeply in American ingenuity and leadership, and I am honored to join the President's Council. I look forward to collaborating with my fellow council members to strengthen American leadership in science and technology, bring more opportunity for our county's workers and students, and support building an abundant, affordable, and clean energy future for our nation.”
Since President Franklin D. Roosevelt created his Science Advisory Board in 1933, each President has established his own PCAST advisory committee of scientists, engineers, and industry leaders.
DeWitte brings to the Council direct experience in advanced nuclear technology development for clean, reliable power. The Council will be co-chaired by David Sacks and Michael Kratsios. DeWitte joins a group of appointees and leaders from across the technology and business sectors, including Marc Andreessen, Sergey Brin, Safra Catz, Michael Dell, Fred Ehrsam, Larry Ellison, David Friedberg, Jensen Huang, John Martinis, Bob Mumgaard, Lisa Su, and Mark Zuckerberg, the White House said.
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
Forward-Looking Statements
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260325357709/en/
Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com
Original: Oklo Co-Founder and CEO Appointed to Serve on President’s Council of Advisors on Science and Technology
US Market News
3月前
Oklo’s Atomic Alchemy Announces U.S. Department of Energy Approval for Nuclear Safety Design Agreement of its Groves Isotopes Test ReactorMarch 17, 2026 4:30 PM
Business Wire
Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, today announced the U.S. Department of Energy (DOE) has approved the Nuclear Safety Design Agreement (NSDA) for Atomic Alchemy’s Groves Isotopes Test Reactor in Texas under the DOE’s Reactor Pilot Program (RPP).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317060053/en/Groves Isotopes Test Reactor (Image: Hillside Architecture)
The NSDA approval for Oklo’s wholly owned subsidiary follows the announcement of the signing of the Other Transaction Agreement (OTA) for the facility in January and is a major milestone in DOE’s RPP authorization pathway, designed to speed execution and help expand U.S. industrial capacity through a framework that supports swift, scalable deployment. With the NSDA approved, the facility moves into the next phase of project execution under DOE oversight by submitting its Preliminary Documented Safety Analysis (PDSA) for review.
“With DOE’s approval, we are making meaningful progress in the development of this isotope facility,” said Jacob DeWitte, co-founder and CEO of Oklo. “This plant will help us gather critical data, refine our processes, and apply those lessons to subsequent licensing submissions and future deployments.”
“DOE is committed to a safety-first approach that enables disciplined progress from the drawing board through deployment-ready work,” said Robert Boston, Manager of the DOE Idaho Operations Office. “The NSDA approval for this radioisotope facility advances an authorization pathway that can strengthen domestic industrial capacity and support critical radioisotope supply chains.”
DOE’s RPP authorization offers a modern framework for building and operating advanced nuclear plants and supports an accelerated path to deployment for developers. Atomic Alchemy is targeting criticality for the Groves facility by July 4, 2026.
The site is located near Lockhart in Caldwell County, Texas and is part of the planned Proto-Town Innovation Hub, a development intended to host demonstrations of new construction technologies, full-scale prototype buildings, research facilities, and advanced manufacturing projects in robotics, space, and energy.
The facility will help lay the groundwork for future commercial plants that produce isotopes in the United States that support cancer diagnosis and treatment, advanced manufacturing, scientific research, space exploration, and national security needs. Many isotopes are currently sourced from overseas suppliers or produced in aging facilities; by starting with a pilot facility, Atomic Alchemy can develop reactor operating procedures, test and characterize the performance of reactor systems, validate processes, and then aim to scale to dependable domestic production.
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
Forward-Looking Statements
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260317060053/en/
Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com
Original: Oklo’s Atomic Alchemy Announces U.S. Department of Energy Approval for Nuclear Safety Design Agreement of its Groves Isotopes Test Reactor
US Market News
3月前
Oklo Publishes Full-Year 2025 Financial Results and Business UpdateMarch 17, 2026 4:00 PM
Business Wire
Oklo Inc. (NYSE: OKLO) (“Oklo” or “the Company”), an advanced nuclear technology company, today published its financial results and business update for the quarter and year ended December 31, 2025.
Oklo will host a conference call today, March 17, 2026, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. Jacob DeWitte, Co-Founder and Chief Executive Officer, and Craig Bealmear, Chief Financial Officer, will speak on the call. A webcast of the call can be accessed by visiting the Events & Presentations section of the Company’s investor relations website.
An archive of the webcast will be available shortly after the conclusion of the event and will be available for 12 months.
About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, affordable energy at global scale; establishing a domestic supply chain for critical isotopes; and advancing nuclear fuel recycling to convert used nuclear fuel into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
Forward-Looking Statements
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “may,” “will,” “could,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continue,” “might,” “possible,” “potential,” “predict,” “project,” “goal,” “would,” “commit,” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the development and deployment of Oklo’s powerhouses, fuel fabrication and fuel recycling facilities, and radioisotope production activities; the risk that Oklo is pursuing an emerging market with no commercial project operating and regulatory uncertainties; risks related to acquisitions, divestitures, or joint ventures we may engage in; the need for financing to construct plants, which remain subject to market, financial, political, and legal conditions; risks related to an inability to raise additional capital to support our business and sustain our growth on favorable terms; the effects of competition; risks related to accessing high-assay low-enriched uranium, plutonium, and other fuels (including recycled fuels) at acceptable costs and under acceptable timelines; risks related to our supply chain; risks related to power purchase agreements; risks related to human capital; risks related to our intellectual property; risks related to cybersecurity and data privacy; changes in applicable laws or regulations, including tariffs; the outcome of any government and regulatory proceedings and investigations and inquiries; and the other factors set forth in our documents we have filed with the U.S. Securities and Exchange Commission (the “SEC”).
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the SEC. The forward-looking statements contained in this press release are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this presentation, except as may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260317948925/en/
Media and Communications for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Senior Director of Investor Relations at investors@oklo.com
Original: Oklo Publishes Full-Year 2025 Financial Results and Business Update