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SANTA CLARA, Calif. & DENVER, Colo.--(BUSINESS WIRE)-- Oklo Inc. (NYSE: OKLO) (“Oklo”), an advanced nuclear technology company, and Liberty Energy Inc. (NYSE: LBRT) (“Liberty”), a leader in innovative energy services and technologies, launched a strategic alliance to accelerate integrated power solutions for large-scale, high-demand customers, including data centers, industrial facilities, and utility-scale sites.
Together, the companies will offer an integrated deployment strategy that meets immediate power demand with natural gas generation and variable load management solutions, while providing a clear path toward zero-carbon baseload power with Oklo’s advanced nuclear powerhouses.
Liberty’s Forte℠ natural gas power generation and load management solution will provide initial reliable primary power and flexible energy services, along with future grid management services focused on optimization and resiliency. As Oklo’s Aurora powerhouses come online, they will be integrated to provide clean, continuous baseload energy, complementing Liberty’s natural gas power.
This alliance will deliver a comprehensive, turnkey managed power solution to the companies’ customers, providing immediate, uninterrupted power while supporting a path to integrating next-generation energy infrastructure.
“Our strategic alliance with Oklo advances a power strategy aimed at accelerating deployment for sophisticated, large load customers. This innovative approach redefines how today’s most energy-intensive industries can scale efficiently with cost-effective, next-generation power solutions, combining rapid deployment, intelligent load management, and integrated grid management,” said Ron Gusek, Chief Executive Officer of Liberty. “We are excited to offer developers unmatched speed to market, price stability, and a future-ready energy platform.”
Liberty Energy was an early investor in Oklo, committing $10 million in 2023. After evaluating companies and technologies across the advanced nuclear space, Liberty identified Oklo’s innovative business model, small and scalable design, and differentiated technology as an important strategic solution to meet the growing power demands of large-scale energy users.
“This collaboration gives large-scale power users a turnkey alternative that integrates generation, backup, grid interaction, and optimization, all through a single provider,” said Jacob DeWitte, Co-Founder and CEO of Oklo. “We’re delivering a next-generation approach to energy that gives customers the ability to scale power with confidence and offers a clear path to zero-carbon energy.”
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.