Oklo Stock Is Trading Higher Thursday: What's Going On?

Oklo Inc (NYSE:OKLO) shares are moving higher in early trading. The company on Thursday announced that it completed environmental compliance testing for its first commercial advanced fission power plant.

What Happened: Oklo said the U.S. Department of Energy (DOE) and the Idaho National Laboratory (INL) completed the environmental compliance process addressing the DOE requirements for site characterization at Oklo’s first commercial site in Idaho.

The nuclear startup, backed by OpenAI’s Sam Altman, received an Environmental Compliance Permit following the successful compliance process completion.

The news comes after Oklo announced the finalization of a Memorandum of Agreement (MOA) with the DOE's Idaho Operations Office in late September. The company also said in ...

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