Oklo selected for DOE surplus plutonium program negotiations

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Oklo Selected by U.S. Department of Energy for Advanced Negotiations Under Surplus Plutonium Utilization Program

May 26, 2026 8:00 AM EDT

Selection supports the use of existing surplus material as a bridge fuel for advanced reactors.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) ("Oklo," or "the Company"), an advanced nuclear technology company, today announced that Oklo has been selected by the U.S. Department of Energy (DOE) for advanced negotiations under the Surplus Plutonium Utilization Program. The program aims to make designated surplus plutonium material available to industry participants and enable the conversion of those materials into fuel for advanced nuclear reactors subject to U.S. security, safeguards and material accountability... More