SANTA CLARA, Calif., Aug. 13, 2024–( BUSINESS WIRE )–Oklo Inc. (NYSE: OKLO) (“Oklo” or the “Company”), a fast fission clean power technology and nuclear fuel recycling company, today announced earnings and operational updates for the second quarter ended June 30, 2024.
In addition, the Company has posted its shareholder letter and updated investor presentation on its Investor Relations website at oklo.com/investors.
Oklo will host a conference call today, August 13, 2024 at 2:00 PM PST / 5:00 PM ET. The call will feature Co-Founder and Chief Executive Officer Jacob DeWitte and Chief Financial Officer Craig Bealmear. A webcast of the conference call can be accessed under the Events and Presentations section of the Company’s Investor Relations website.
An archive of the webcast will be made available immediately following the event and will remain available for 12 months.
About Oklo Inc.
Oklo is developing fast fission power plants to provide clean, reliable and affordable energy at scale. Oklo has received a site use permit from the U.S. Department of Energy, been awarded fuel material from Idaho National Laboratory, submitted the first advanced fission custom composite license application to the Nuclear Regulatory Commission, and is working with the U.S. Department of Energy and U.S. National Laboratories to develop advanced fuel recycling technologies.
Forward-Looking Statements
This press release contains statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “should,” “would” or, in each case, the negative or other variations thereof or comparable terminology and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. Such forward-looking statements appear in various places in this press release and include, among other things, statements regarding the Company’s intentions, beliefs or current expectations regarding its business performance, financial condition, liquidity, prospects, growth, strategy and the market in which Oklo operates. These forward-looking statements are based on information available to us as of the date of this press release, as well as our current expectations, projections and assumptions, and involve a number of judgments, risks and uncertainties.
A number of known and unknown risks and uncertainties could cause Oklo’s actual results or performance to differ materially from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other achievements to differ materially from those expressed or implied by the forward-looking statements: risks related to the development of Oklo’s power plants, the risk that Oklo is pursuing emerging markets where there are no operational commercial projects, regulatory uncertainties, the need for financing to construct the power plants, market, financial, political and legal conditions, the impact of competition, changes in applicable laws or regulations, and the outcome of governmental and regulatory proceedings, investigations and inquiries.
The list of factors above is not exhaustive. You should carefully consider the above factors, as well as other risks and uncertainties in other documents Oklo files from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release and documents incorporated by reference are based on current expectations and beliefs regarding future developments and their possible impact on Oklo. There can be no assurance that future developments affecting Oklo will be those anticipated by Oklo. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
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contact address
Oklo media contact:
Bonita Chester, Head of Communications and Media, media@oklo.com
Oklo Investor Contact:
Sam Dawn, Director of Investor Relations, investors@oklo.com