Latest news with #Hexium
Yahoo
2 days ago
- Business
- Yahoo
Oklo (OKLO) Partners for HALEU Production with AVLIS Technology
Oklo Inc. (NYSE:OKLO) is one of the top 10 nuclear energy stocks to invest in for the next decade. On June 25, the company announced strategic collaborations aimed at accelerating the domestic production of High-Assay Low-Enriched Uranium (HALEU). Photo by Frédéric Paulussen on Unsplash The company partnered with Hexium, a company specializing in isotope enrichment, and TerraPower, a nuclear innovation company, to evaluate Atomic Vapor Laser Isotope Separation (AVLIS) technology for commercial-scale uranium enrichment. The collaboration includes Lawrence Livermore National Laboratory (LLNL), which is working with the three companies to assess the potential of AVLIS as a scalable uranium enrichment technology. According to Oklo, this initiative aims to develop 'a validated conceptual design and technoeconomic assessment of AVLIS-based HALEU production.' Oklo's stock has gained over 500% this year, which, according to the CEO, is driven by three key factors: an advanced nuclear focus, AI and data center demand, and a cost and deployment edge. Jacob DeWitte, the CEO, emphasized Oklo's role as an energy infrastructure disruptor, likening their microreactor tech to a 'data center revolution' in energy. Oklo Inc. (NYSE:OKLO) is a nuclear energy company. It develops advanced fission power plants—specifically compact, modular reactors designed to deliver clean, reliable, and affordable electricity. Its flagship product is the Aurora Powerhouse, which uses recycled nuclear waste as fuel. While we acknowledge the potential of OKLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Healthcare Penny Stocks to Buy According to Analysts and Goldman Sachs Energy Stocks: 10 Stocks to Buy. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here?
Last week, Oklo (OKLO) announced a strategic partnership with Hexium and TerraPower to develop domestic High-Assay Low-Enriched Uranium (HALEU) production, addressing a critical shortage for advanced nuclear reactors. The collaboration will evaluate laser isotope separation technology that could revolutionize uranium enrichment. Investors are optimistic about Oklo's widening nuclear capabilities given the shift toward nuclear energy over the next two decades. The Department of Energy estimates that demand for HALEU will hit 40 metric tons by the early 2030s, whereas only 700 kilograms have been produced domestically since 2023. This massive supply-demand imbalance represents a market opportunity. Jeff Bezos Unloads $5.4B in Amazon Shares: Should You Buy or Sell AMZN Stock Now? Elon Musk's Tesla Makes History With 'First Time That a Car Has Delivered Itself to Its Owner' This Defense Stock Could Be the Next Palantir. Should You Buy It Now? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. OKLO stock has surged more than 500% in the last 12 months, valuing the company at a market cap of $7.7 billion. Let's see if OKLO stock is still a good buy right now. Oklo is working to develop advanced fission power plants to provide clean, reliable, and affordable energy at scale. It also is aiming to commercialize nuclear fuel recycling technology that could convert nuclear waste into usable fuel for its reactors. Oklo reported significant operational progress during its first-quarter earnings call, positioning the nuclear technology company to capitalize on growing government support and surging AI-driven energy demand. It completed crucial site preparation work at Idaho National Laboratory, wrapping up drilling and geophysical studies that will support its combined license application to the Nuclear Regulatory Commission. This represents the final technical siting step before submitting Phase 1 of its application for the Aurora powerhouse, with commercial operations targeted for late 2027 to early 2028. The regulatory environment appears favorable, with the current administration under President Donald Trump prioritizing nuclear energy through multiple executive orders. Potential future orders could quadruple the U.S. nuclear fleet by 2050 and establish data centers as defense-critical infrastructure, directly benefiting Oklo's mission. Oklo reported a first quarter operating loss of $17.9 million, with cash and marketable securities totaling $260.7 million. Management indicated potential capital needs due to expanded reactor designs and growing customer demand, although it emphasized that any fundraising would be strategic rather than reactive. With over 14 gigawatts in its customer pipeline spanning data centers and defense applications, Oklo appears well-positioned as nuclear energy gains unprecedented federal backing. Oklo is still pre-revenue and is forecast to increase sales from $13.33 million in 2027 to $94 million in 2029. Out of the nine analysts covering OKLO stock, five recommend 'Strong Buy,' one recommends 'Moderate Buy,' and three recommend 'Hold.' The average target price for OKLO stock is $60, 7.7% above the current price. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
- Yahoo
Oklo Just Announced a New Nuclear Fuel Deal. Is OKLO Stock a Buy Here?
Last week, Oklo (OKLO) announced a strategic partnership with Hexium and TerraPower to develop domestic High-Assay Low-Enriched Uranium (HALEU) production, addressing a critical shortage for advanced nuclear reactors. The collaboration will evaluate laser isotope separation technology that could revolutionize uranium enrichment. Investors are optimistic about Oklo's widening nuclear capabilities given the shift toward nuclear energy over the next two decades. The Department of Energy estimates that demand for HALEU will hit 40 metric tons by the early 2030s, whereas only 700 kilograms have been produced domestically since 2023. This massive supply-demand imbalance represents a market opportunity. Jeff Bezos Unloads $5.4B in Amazon Shares: Should You Buy or Sell AMZN Stock Now? Elon Musk's Tesla Makes History With 'First Time That a Car Has Delivered Itself to Its Owner' This Defense Stock Could Be the Next Palantir. Should You Buy It Now? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! OKLO stock has surged more than 500% in the last 12 months, valuing the company at a market cap of $7.7 billion. Let's see if OKLO stock is still a good buy right now. Oklo is working to develop advanced fission power plants to provide clean, reliable, and affordable energy at scale. It also is aiming to commercialize nuclear fuel recycling technology that could convert nuclear waste into usable fuel for its reactors. Oklo reported significant operational progress during its first-quarter earnings call, positioning the nuclear technology company to capitalize on growing government support and surging AI-driven energy demand. It completed crucial site preparation work at Idaho National Laboratory, wrapping up drilling and geophysical studies that will support its combined license application to the Nuclear Regulatory Commission. This represents the final technical siting step before submitting Phase 1 of its application for the Aurora powerhouse, with commercial operations targeted for late 2027 to early 2028. The regulatory environment appears favorable, with the current administration under President Donald Trump prioritizing nuclear energy through multiple executive orders. Potential future orders could quadruple the U.S. nuclear fleet by 2050 and establish data centers as defense-critical infrastructure, directly benefiting Oklo's mission. Oklo reported a first quarter operating loss of $17.9 million, with cash and marketable securities totaling $260.7 million. Management indicated potential capital needs due to expanded reactor designs and growing customer demand, although it emphasized that any fundraising would be strategic rather than reactive. With over 14 gigawatts in its customer pipeline spanning data centers and defense applications, Oklo appears well-positioned as nuclear energy gains unprecedented federal backing. Oklo is still pre-revenue and is forecast to increase sales from $13.33 million in 2027 to $94 million in 2029. Out of the nine analysts covering OKLO stock, five recommend 'Strong Buy,' one recommends 'Moderate Buy,' and three recommend 'Hold.' The average target price for OKLO stock is $60, 7.7% above the current price. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
27-06-2025
- Business
- Yahoo
Why Centrus Energy Stock Plunged Today
Oklo has an agreement in principle to buy enriched uranium from Centrus. Today, Oklo announced a partnership with Hexium and TerraPower to source a separate stream of highly enriched uranium. Is Oklo breaking up with Centrus? No one yet knows. 10 stocks we like better than Centrus Energy › Shares of Centrus Energy (NYSEMKT: LEU), a specialist in enriching uranium for use as fuel in nuclear reactors, tumbled 4.7% through 12:50 p.m. ET Wednesday after one of its partners announced some disconcerting news. Nuclear power plant start-up Oklo, which had previously signed a memorandum of understanding agreeing to accept high-assay low-enriched uranium (HALEU) supplies from Centrus once its reactors are running, is now teaming up with two other nuclear start-ups. Privately held Hexium and privately held and Bill Gates backed TerraPower, will, along with Oklo, "leverage advanced laser enrichment technology to build a scalable U.S. nuclear fuel supply for advanced reactors." Oklo's desire to team up with a heavyweight like TerraPower is understandable. For a cash-strapped nuclear start-up, it may pay to be on the same team as a company with a backer as well heeled as Gates. Also, Hexium's new technology for enriching uranium may hold advantages over Centrus'. That being said, Oklo's joining a new team does have the potential to leave Centrus in the lurch. We don't know at this time whether Hexium's tech will pan out nor, if it does, whether Oklo will still proceed to buy HALEU uranium from Centrus as well as from Hexium. But if it doesn't then this could mean Centrus has just lost a customer that it was counting on keeping. Don't be too quick to pull the sell trigger on Centrus, though. Just because Oklo thinks Hexium will work out as a partner doesn't mean it's right. Centrus is at least a known quantity and an established enriching company already. It's also profitable, earning more than $100 million over the last 12 months, generating positive free cash flow, free of net debt -- and potentially, a buy. Before you buy stock in Centrus Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Centrus Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Centrus Energy Stock Plunged Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
26-06-2025
- Business
- Yahoo
Oklo (OKLO) Tumbles 8.47% on Insider Selling
We recently published . Oklo Inc. (NYSE:OKLO) is one of the worst-performing stocks on Wednesday. Oklo Inc. dropped its share prices by 8.47 percent on Wednesday to end at $55.57 apiece as investors unloaded positions after one of its directors sold off nearly $3 million of his shares in the company. In a regulatory filing, Oklo Inc. (NYSE:OKLO) said that Director Michael Klein and M. Klein Associates Inc., a ten percent owner of the company, disposed of shares on June 23, 2025, at a price of $53.7064 to $55.2205 apiece. In recent news, Oklo Inc. (NYSE:OKLO) announced its partnership with Hexium, a pioneering isotope enrichment company, and TerraPower, a nuclear innovation company, to accelerate the domestic production of High-Assay Low-Enriched Uranium (HALEU) at industry-leading cost targets. Oklo Inc. (NYSE:OKLO) said that the three firms will collaborate with Lawrence Livermore National Laboratory to evaluate the potential of Atomic Vapor Laser Isotope Separation (AVLIS)—a robust legacy technology that offers one of the most promising paths to commercial-scale enrichment of reactor-grade uranium. A fleet of solar power plants under the dazzling sun, shooting off a burst of light. According to Oklo Inc. (NYSE:OKLO), the lack of HALEU supply is widely seen as the most pressing obstacle to scaling the next generation of nuclear energy in the US. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
