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Oklo Stock Surges After Defense Department Contract Award

OilPrice · OilPrice.com · last updated
Oklo is starting to develop a real knack for catching short sellers offsides… In what is one of what we believe will be many similar announcements, Oklo shares surged 29% on Wednesday after the company was named the intended awardee for a Department of Defense project to deliver clean energy to Eielson Air Force Base in Alaska. The Defense Logistics Agency Energy issued a Notice of Intent to Award (NOITA), designating Oklo as the preferred provider following a competitive evaluation process. Under the proposed agreement, Oklo will design, build,…