Oklo Stock Rises on Nuclear Fuel Agreement. Why These Analysts Are Bullish.
Oklo, the nuclear power start-up, announced Tuesday that it had entered into a partnership to explore ways to recycle and reprocess nuclear fuel on a shared campus.Oklo said it had signed a memorandum of understanding with nuclear fuel developer Lightbridge to evaluate plans to co-locate their commercial fuel fabrication facilities.
Lightbridge, Oklo to Explore Co-Located Advanced Nuclear Fuel Fabrication Facilities
Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain.
Lightbridge and Oklo Sign MOU to Explore Co-Location of Commercial Fuel Fabrication Facilities and Collaboration on Advanced Fuel Recycling
Seth Grae, President and CEO of Lightbridge, commented: "This collaboration with Oklo represents an important strategic step in shaping the future of clean energy. The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs.
Lightbridge and Oklo aim to co-locate fuel fabrication facilities
Advanced nuclear fuel company Lightbridge and nuclear power plant developer Oklo have signed a memorandum of understanding for a feasibility study into co-locating their planned fuel fabrication facilities and to explore potential for collaboration in recycling nuclear waste.
Oklo, Lightbridge sign MoU to explore co-Location of commercial fuel fabrication plants
Oklo (NYSE:OKLO) said Tuesday it signed a memorandum of understanding with Lightbridge (LTBR) to conduct a feasibility study to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fuel fabrication plant and to explore ways to recycle nuclear waste.
Oklo, Lightbridge sign MoU for feasibility study of Fuel Fabrication Facility
Lightbridge (LTBR) announced the signing of a Memorandum of Understanding with Oklo (OKLO), an advanced nuclear power and fuel recycling
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