On June 17, Oklo Inc. rose 5.27% in regular trading, trading at $60.285/share, with turnover of $209 million.

On the news front, Oklo announced a memorandum of understanding with Standard Nuclear to cooperate on nuclear fuel recycling and advanced fuel manufacturing. The partnership aims to explore safer and more efficient use of surplus domestic plutonium to power advanced reactors, allowing participants to assess technical specifications and shipping timelines for repurposed uranium streams from a planned US facility. This further strengthens Oklo's commercial positioning in the nuclear fuel recycling space.

The move also reflects continued momentum from the US Department of Energy's Idaho Operations Office formally approving the Preliminary Documented Safety Analysis for Oklo's Aurora powerhouse under the Reactor Pilot Program on June 11. The PDSA covers hazard analysis, accident analysis, safety controls, and design commitments, clearing a critical regulatory hurdle and laying the groundwork for subsequent construction permits. Wedbush maintains an Outperform rating with a $110 price target, while analysts polled by FactSet assign a mean target of $88.26.

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