Tuesday, 02 January 2024 12:17 GMT

Oklo Stock Surges 5% Pre-Market Following This Strategic Collaboration Here's What Happened


(MENAFN- AsiaNet News)

Oklo Inc. (OKLO) announced on Monday that it has entered into a strategic collaboration with Swedish nuclear firm Blykalla AB, aiming to speed up the global rollout of next-generation nuclear technologies. 

The partnership will focus on joint technology development, shared supply-chain strategies, and navigating nuclear regulatory frameworks across both countries.

As part of the agreement, Oklo will take a co-lead role in Blykalla's upcoming A2 investment round, committing around $5 million to support the initiative. Oklo stock traded 5% higher in Monday's premarket after the announcement. Get updates to this developing story directly on Stocktwits.

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