PRESS RELEASE2 MIN READ
- Oklo and Argonne have successfully completed the second phase of the testing campaign at the Thermal Hydraulic Experimental Test Article.
- The testing campaign enables the opportunity to further improve the demonstrated safety and economic potential of bringing Oklo’s fast fission technology to market.
- Oklo shared costs for the work done at Argonne National Laboratory with funding from a Department of Energy Gateway for Accelerated Innovation in Nuclear voucher.
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Oklo Inc. (“Oklo”), a fast fission clean power technology and nuclear fuel recycling company, has successfully completed the second phase of the Thermal Hydraulic Experimental Test Article (“THETA”) testing campaign in collaboration with Argonne National Laboratory. THETA is a sodium fixture with world-class instrumentation installed at Argonne’s Mechanisms Engineer Test Loop facility.
The THETA testing campaign is strategically focused on key thermal-hydraulic behavior of Oklo’s fast fission reactor design. A better understanding of key thermal-hydraulic behavior enables design optimizations while providing high-fidelity data using high-fidelity instrumentation. Ultimately, the THETA testing campaign enables the opportunity to further improve the demonstrated safety and economic potential of bringing Oklo’s fast fission technology to market.
“Argonne’s leadership and technical expertise have been pivotal to THETA’s success, and the completion of the second phase of testing is a huge accomplishment. THETA has and will continue to play a major role in Oklo’s testing endeavors to support our commercialization plans for our Aurora Powerhouses,” said Patrick Everett, Deputy Senior Director of Product at Oklo.
Oklo shared costs for the work done at Argonne National Laboratory with funding from a Department of Energy Gateway for Accelerated Innovation in Nuclear voucher.
About Oklo Inc.: Oklo is developing fast fission power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the U.S. Department of Energy, was awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom combined license application to the Nuclear Regulatory Commission, and is developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.
On July 11, 2023, Oklo and AltC Acquisition Corp. (“AltC”) (NYSE: ALCC) announced that they have entered into a definitive business combination agreement that upon closing would result in the combined company to be listed on the New York Stock Exchange under the ticker symbol “OKLO.”
About AltC Acquisition Corp.: AltC Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.