Oklo Inc.'s stock surged 8.79% during intraday trading on Wednesday, marking a significant upward movement for the nuclear energy company.

The sharp rise follows the company's announcement that it has received approval from the U.S. Nuclear Regulatory Commission for the Principal Design Criteria report for its Aurora powerhouse under construction in Idaho. This regulatory clearance allows the report to be referenced in future licensing filings, which is expected to streamline the process by reducing the need to re-review established design material.

The NRC completed its review in a notably accelerated timeframe of just 15 days, significantly faster than the typical 30-60 day period, indicating efficient regulatory progress for Oklo's advanced nuclear technology project.