Oklo, KHNP Advance Aurora Reactor Global Partnership
Oklo, KHNP Advance Aurora Reactor Global Partnership

Oklo, KHNP Advance Aurora Reactor Global Partnership

News summary

Oklo Inc. and Korea Hydro & Nuclear Power (KHNP) have signed a memorandum of understanding to jointly develop and deploy Oklo's 75 MWe Aurora powerhouse reactor globally, drawing on KHNP's extensive nuclear project experience. The partnership will advance design, manufacturability, supply chain, and construction planning for the Aurora reactor, which is progressing through U.S. licensing at Idaho National Laboratory. Oklo has publicly endorsed recent White House executive orders that aim to fast-track nuclear energy deployment, aligning itself with U.S. energy independence initiatives. The Aurora reactor requires refueling only once every 10 years or more, offering significant operational advantages. Oklo continues to build a 14 GW order pipeline, has received key U.S. permits and fuel awards, but remains unprofitable with expected losses through 2025. CEO Jacob DeWitte highlights the collaboration as strategically significant for accelerating commercialization and execution.

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