Oklo Inc. operates as an advanced nuclear technology company focused on developing fast-fission power plants, branded as the Aurora powerhouse, to deliver scalable, reliable, and carbon-free baseload energy11. The fundamental business model diverges significantly from traditional utility-scale nuclear operations. Rather than selling complex, multi-billion-dollar reactor facilities to utilities, Oklo employs a build-own-operate business model. The company intends to sell electricity directly to end-users—such as artificial intelligence data centers, industrial sites, and defense installations—through long-term power purchase agreements (PPAs)13. This model abstracts the operational and regulatory complexity away from the customer while providing Oklo with predictable, recurring revenue streams.

The company operates across a tripartite ecosys ...