Oklo Inc (NYSE:OKLO) stock rose 4.89% (As on November 12, 11:25:15 AM UTC-4, Source: Google Finance) after the company reported a wider-than-expected loss amid a jump in expenses. Oklo is building on that proven foundation to become the hub for metal fuel and fast reactor innovation, integrating design, licensing, fuel supply, and recycling into a unified platform. Oklo has worked across areas needed to deploy its reactors and position the company to benefit from capabilities, including products and services from fuel fabrication, recycling, and isotopes, to go along with power and heat sales from its reactors. On the regulatory front, the company was selected for three projects under the Department of Energy’s new Reactor Pilot Program, or RPP, giving Oklo access to Department of Energy authorization pathways that accelerate deployment timelines and complement the ongoing NRC work. the company has submitted the Principal Design Criteria topical report to the NRC and received notice of acceptance in just 15 days, about half the time typically expected. The NRC also indicated that the draft evaluation is expected in early 2026, which would be less than half the traditional review timeline.
Moreover, the company has successfully completed fuel assembly flow testing, demonstrating progress in the fabrication and handling systems that will serve many Oklo powerhouses. In fuel and recycling, the company has announced Oklo’s Advanced Fuel Center, up to a $1.68 billion investment that anchors our long-term fuel supply chain, and were selected for the Department of Energy’s Advanced Nuclear Fuel Line Pilot Program, which accelerates U.S. fuel fabrication capacity. Oklo has achieved a key regulatory milestone with the Department of Energy’s approval of the Nuclear Safety Design Agreement, or NSDA, for the Aurora Fuel Fabrication Facility.
OKLO in the third quarter of FY25 has reported the adjusted loss per share of 20 cents, missing the analysts’ estimates for the adjusted loss per share of 12 cents. The wider loss comes as total operating expenses swelled to $36.3M, nearly three times higher than the $12.3M reported in the same period of the previous year. This rise in expenses were driven by escalated payroll, professional fees associated with capital market activity, and a non-cash stock-based compensation expense of around $9.1M that impacted the quarter’s results.
Looking ahead, Oklo is targeting operations for its Aurora INL powerhouse by 2027-2028. The company is also advancing its partnerships and authorization pathways with the Department of Energy and the Nuclear Regulatory Commission.