Oklo Selected for Three Projects Under U.S. Department of Energy’s Reactor Pilot Program

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, and its subsidiary, Atomic Alchemy Inc., have been selected for three of the U.S. Department of Energy’s (DOE) reactor pilot projects under the newly established Reactor Pilot Program. Oklo was selected for two projects, and Atomic Alchemy was selected for one.

The Reactor Pilot Program aims to demonstrate criticality in at least three test reactors by America’s 250th birthday on July 4, 2026. The selections are expected to accelerate deployment timelines while providing operational insights that can support long-term commercial licensing and readiness. The program is part of a broader federal initiative to modernize and streamline nuclear licensing and demonstration, made possible through the executive orders signed in May 2025.

“We’re proud to be selected by the DOE for these three projects,” said Jacob DeWitte, co-founder and CEO of Oklo. “This shows that the DOE is ushering in a new era of building new nuclear in America by unleashing its unique capabilities to enable American nuclear innovators to build. The DOE is opening the door to the market so new ideas, new approaches, and new designs can be built more quickly and efficiently. American innovation is one of our strategic advantages, and the DOE’s selection of a number of projects provides a sweeping injection of urgency to meet the moment and unleash American nuclear innovation.”

These selections reflect growing national momentum behind energy innovation and the role of public-private collaboration in delivering bold solutions to America’s energy needs.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and national laboratories.