Oklo Significantly Expands net Losses in 2024! Power Purchase Agreements Reach 14 GW and Power PlantOffering Expanded to 75 MW!
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The nuclear energy startup Oklo (OKLO) published its annual report for fiscal year 2024 in the form of a shareholder letter to its investors on Monday, March 24, 2025, during after-hours trading. The stock plummeted by more than 8% to $28.42 after reporting a growing annual loss and expecting significant financial losses in the future. Oklo is an emerging company in the nuclear industry CEO Jacob DeWitte co-founded Oklo in 2013 with his MIT graduate Caroline Cochran, who serves as Chief Operating Officer, with the vision that nuclear...
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