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The acquisition of CEI adds a free cash flow-positive business to Oklo and strengthens its in-house technical capabilities that support Aurora powerhouse commercialization.
The humanoid robotics company will list under the ticker AGLT after merging with Michael Klein's Churchill Capital Corp XI
Rising AI and data-center power needs may put Oklo and NuScale in focus as investors look beyond SpaceX's aerospace story.
OKLO's ARMEC acquisition boosts its manufacturing, talent and supply-chain control, strengthening its ability to accelerate advanced nuclear deployment.
Fervo Energy a geothermal startup that made its public debut this month, is closer than many to fulfilling that promise. Its initial public offering was a success: Fervo’s shares are up 42% from its IPO price, with a market cap of $12.4 billion. Oklo, backed by OpenAI’s Sam Altman, and Amazon.com -backed X-Energy are each valued at around $11.5 billion.
The SpaceX IPO is garnering huge attention worldwide.