Oklo posts wider Q1 loss as commercial progress remains elusive
Investing.com -- Oklo on Tuesday reported first quarter loss for FY 2026 that was in line with analysts’ estimates as it struggles to translate recent regulatory momentum into commercial progress.
Shares in the company fell more than 1% in extended hours of trading.
The company reported loss per share of $0.19 per share, greater than $0.07 loss per share from the year-ago quarter. However, it came in-line with analysts’ estimate of $0.19 per share.
Analysts estimate the global nuclear opportunity at approximately $10 trillion, with SMR technology projected to reach a growth inflection point between 2030 and 2035 to meet surging electricity demand from data center infrastructure.
Oklo’s Aurora powerhouse leverages liquid-metal-cooled fast reactor technology to target AI data centers and industrial customers desperate for clean, baseload power.
Oklo earlier in the day, said that it has signed a strategic partnership Project with Battelle Energy Alliance, the management contractor for Idaho National Laboratory, to use artificial intelligence technologies for advanced reactor and fuel-system design work.