Oklo gains on DOE approval of Groves reactor safety analysis

Oklo

01/07/2026 11:38

** Shares of Sam-Altman backed nuclear technology company Oklo OKLO.N up 6.4% at $55.7 premarket
** Co says the U.S. Department of Energy (DOE) has approved the Documented Safety Analysis (DSA) for Oklo's Groves Isotope Test Reactor in Texas
** The DSA approval follows the Preliminary Documented Safety Analysis (PDSA) approval, which set the initial safety plan - OKLO
** Co says Groves now enters DOE’s final pre-startup phase, including readiness review, fuel loading, and startup approval before first criticality 
** Co expects first criticality, meaning the first self-sustaining chain reaction at the Groves facility, in July 2026
** At last close, OKLO down 27.1% YTD  

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))