Oklo (SPAC)
Funding Details
Awarder
Inbox
Date Award
May 10, 2024
Vertical
Nuclear Energy
Funding URL
View Funding Page
Valuation
$364,000,000
Funding Amount
$306,000,000
Company Info
Founding Year
2013
Traction
Oklo has yet to generate revenue and has no nuclear plants deployed at the moment. The company is targeting 2027 for its first plant to come online.
Organizations Involved
U.S. Air Force, big tech companies
Founders
Sam Altman, Jacob DeWitte
Market
Energy
Location
Idaho, ID, US
Coinvestors
AltC Acquisition Corp.
Company Description

Oklo's business model is based on commercializing nuclear fission, aiming to use mini nuclear reactors housed in A-frame structures to sell energy to end users such as the U.S. Air Force and big tech companies. The company is currently working on building its first small-scale reactor in Idaho.

Links
Website
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