Oklo Shares Gain on DOE Clearance to Begin Research, Demonstration at Isotope Test Reactor
By Kelly Cloonan
Shares of Oklo rose after the company got clearance from the Department of Energy to start unrestricted operations for its Groves Isotope Test Reactor (Groves-1).
The stock gained 7.2% to $26.90 in premarket trading Wednesday. At Tuesday's market close, shares were down 65% year to date.
The nuclear technology company said the clearance allows the facility to advance to its research, testing and training phase.
With the clearance, Oklo said it plans to test the facility's capabilities relevant to future isotope reactors and the company's fast-fission reactors.
In particular, Groves-1's operating experience will inform Groves-2 Forge, Oklo's planned isotope production and processing pilot facility, the company said.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 11, 2026 08:25 ET (13:25 GMT)
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