Oklo (OKLO) said Monday it is engaging with the US Nuclear Regulatory Commission for a pre-application readiness assessment of its combined license application for the Aurora power plant at the Idaho National Laboratory.
The assessment, to begin later this month, lets regulators review Oklo's licensing materials ahead of the full application review, the company said.
"The readiness assessment helps streamline the formal review process and ensure an efficient path forward," Oklo said.
Oklo said it plans to submit a formal combined license application later this year.
Shares were 5.5% higher in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.