SANTA CLARA, Calif. - Oklo Inc., a company specializing in clean power technology and nuclear fuel recycling, has received approval from the U.S. Department of Energy (DOE) for the Safety Design Strategy (SDS) of its Aurora Fuel Fabrication Facility at Idaho National Laboratory (INL). This marks a significant milestone for the company's plan to reuse recovered nuclear material in its upcoming advanced fission power plant demonstration.
The acceptance of the SDS by the DOE is a crucial step in the overall approval process for the Aurora Fuel Fabrication Facility, which is essential for producing fuel for Oklo's proposed commercial power plant. Jacob DeWitte, CEO and co-founder of Oklo, expressed that the approval moves the company closer to its objective of manufacturing fuel for the Aurora commercial power plant.
The SDS is the first phase in a series of evaluations by the DOE before the facility can become operational. Oklo, in collaboration with Battelle Energy Alliance, the operator of INL, is now focusing on the Conceptual Safety Design Report (CSDR), which will detail the hazard analysis and safety-in-design decisions.
Dr. Jess Gehin, INL’s associate laboratory director for Nuclear Science and Technology, underscored the importance of the approval, stating it enables the fabrication of fuel for the Aurora advanced fission power plant. INL is dedicated to partnering with private companies like Oklo to advance clean energy technologies.
Oklo's progress includes securing a provisional site and fuel for the Aurora Fuel Fabrication Facility and advancing towards the launch of its commercial advanced fission power plant in the United States.
In a separate but related development, Oklo announced on July 11, 2023, a definitive business combination agreement with AltC Acquisition Corp. (NYSE: ALCC), which will result in Oklo being publicly listed on the New York Stock Exchange under the ticker symbol OKLO upon the deal's closure.
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