Oklo targets 2028 for first Aurora microreactor deployment

Oklo Inc., a developer of Aurora microreactors, is positioning itself to meet the rising electricity demands of data centers and artificial intelligence companies. The company plans to deploy its first Aurora microreactors by 2028. These modular units are designed to be prefabricated in factories and can be deployed in remote or off-grid areas. The Aurora design utilizes metallic uranium fuel pellets in a closed-loop system, allowing for refueling approximately once per decade.

Market sentiment has been influenced by the U.S. House passing the Ratepayers Protection Act, which aims to shift grid-upgrade and data-center power costs from consumers to large technology operators. Investors view such legislation as supportive of dedicated nuclear power suppliers. While Oklo's stock has experienced volatility and recent profit-taking alongside other nuclear stocks, analysts project revenue growth to reach $53 million by 2028 as commercial operations begin.