Oklo Rises After DOE Clears Groves-1 for Unrestricted Operations

The clearance moves the facility into its research, testing and training phase, Oklo said. The company plans to test capabilities that could be relevant to future isotope reactors and its fast-fission reactors.

Operating experience at Groves-1 is expected to inform Groves-2 Forge, Oklo’s planned isotope production and processing pilot facility, the company said. Despite Wednesday’s premarket gain, Oklo shares were down 65% for the year at Tuesday’s market close.