On June 11, Oklo Inc. rose 5.04% in pre-market trading, trading at $56.72/share, with trading volume of $7.84 million. The move was driven by the U.S. Department of Energy's Idaho Operations Office formally approving the Preliminary Document Safety Analysis (PDSA) for Oklo's proposed Aurora power plant at Idaho National Laboratory.

The approval marks a critical milestone in the regulatory process for the advanced fission power plant, establishing the preliminary feasibility of the Aurora design from a safety standpoint. This clears a significant regulatory hurdle and paves the way for deeper safety evaluations and a potential construction permit. The PDSA is a core component of nuclear facility licensing, comprehensively assessing design safety and potential risks.

Additionally, Oklo completed its acquisition of precision manufacturing firm ARMEC on June 4, strengthening its vertical integration strategy. Wedbush Securities reiterated its Outperform rating and $110 price target, noting that ARMEC's positive free cash flow and complementary capabilities are expected to enhance Oklo's margin profile, while the company maintains $2.54 billion in cash and securities for further acquisitions.

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