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StonvexStonvexStonvexOklo, a small modular nuclear reactor developer, has experienced a significant stock price pullback from its 562% peak gain in 2024. While the company's Aurora reactor technology and fuel recycling capabilities show promise, regulatory approval from the NRC isn't expected until late 2027/early 2028, and the company faces challenges including an underdeveloped HALEU fuel supply chain and an unproven business model.
Oklo, a small modular nuclear reactor developer, has seen its stock price cool significantly from its 562% peak gain in 2024. While the company's Aurora reactor technology and fuel recycling capabilities are promising, significant hurdles remain: NRC regulatory approval isn't expected until late 2027/early 2028, the U.S. lacks a robust HALEU fuel supply chain, and the business model remains largely unproven. The author cautions that despite recent valuation improvements, Oklo shouldn't yet be considered a millionaire-maker investment.
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