(1) What is OKLO? | What are SMRs?

Oklo (Nasdaq: OKLO), a nuclear energy unicorn company, recently debuted on the New York Stock Exchange via a SPAC merger called AltC Acquisition Corp, which is backed by OpenAI’s Sam Altman. The company aims to build on previous nuclear energy innovations by producing small-scale reactors, known as SMRs.

An artist rendering of Oklo’s Aurora powerhouse (Credit: Oklo)

Oklo’s major plan is to development, build and operate Small Modular Reactors, or SMRs, based on traditional nuclear fission technology while under a more economical scale than the traditional nuclear power plants that commonly known for.

SMRs are small-sized nuclear fission reactors which are relatively more flexible yet efficient than traditional nuclear reactors. The reactors are modularly built which allows users to combine, arrange and operate them by series or segments instead of one single unit or nuclear power plant.

OKLO’s Small Module Reactors (SMRs) (Credit: Oklo)

Such modularized design and system could provide greater flexibility and scalability in even lower costs, which is more superior and feasible than traditional options in existing nuclear industry. Some experts even regard SMRs as the transitional technology until human could make nuclear fusion generated energy possible and economical.

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