Oklo, a fast fission clean power technology and nuclear fuel recycling company, is forming a strategic partnership with Atomic Alchemy to produce isotopes. This partnership will aim to combine Oklo’s work to build and operate fast reactors and fuel recycling expertise with Atomic Alchemy’s expertise in isotope production to meet increasing demands for isotopes. Isotopes are vital for many medical, energy, industry, and science applications.
Oklo is positioned to drive the nuclear industry forward, including complementary applications like radioisotopes, given its strong balance sheet with more than $300 million of cash on hand following its recently completed business combination with AltC Acquisition Corp. Oklo will utilize its funding position to execute on the customer interest in its Aurora powerhouse offering to meet the expanding electric power needs of the artificial intelligence, data center, energy, defense, and industrial markets, among others. The deployment of Aurora powerhouses to customer sites not only provides Oklo with consistent, recurring revenue but also enables exciting new business opportunities in fuel recycling and radioisotopes production, which is supported by the partnership with Atomic Alchemy.
The strategic partnership between Oklo and Atomic Alchemy can help address the gaps in our domestic supplies of isotopes and tritium, helping reduce dependence on foreign suppliers.
