What Oklo, Inc. told the SEC could break it.

Oklo's reactors depend on HALEU (high-assay low-enriched uranium) fuel, which is currently produced domestically only at high prices by Centrus and others; the HALEU program is early-stage and lacks reliable, scalable production.

“the HALEU program is still in its early stages, and significant progress is required to achieve reliable and scalable production.”

Oklo relies on a limited number of suppliers for highly specialized, first-of-a-kind components for its powerhouses and fuel facilities (some only available from international suppliers) and has no in-house manufacturing — it depends on third-party manufacturers and construction firms.

“We rely on a limited number of suppliers for certain materials and supplied components, some of which are highly specialized and are being designed for first‑of‑a‑kind or sole use in our powerhouses, fuel fabrication facilities, fuel recycling facilities, and radioisotopes facilities.”

Commercial deployment of Oklo's powerhouses requires NRC/DOE design, construction and operating approvals; no Aurora powerhouse has yet been licensed and Oklo's first custom combined license application was denied without prejudice in 2020.

“Commercial deployment of any advanced fission power plant requires obtaining regulatory approvals for design, construction, and operation.”