Oklo Inc. LOI with Centrus Advances Fuel Visibility

Oklo Inc. has signed a non-binding Letter of Intent with Centrus Energy to supply HALEU fuel for up to five of its Ohio-based Aurora powerhouses. While a positive step for fuel visibility, additional sourcing is still required to fulfill the full requirements of the company's 1.2 GW project.

Key Takeaways

• 1.Oklo signed a non-binding LOI with Centrus to secure domestic HALEU nuclear fuel for up to five Aurora powerhouses in Ohio.
• 2.The agreement covers only a portion of the total fuel needed for the planned 1.2 GW Ohio campus, requiring further fuel sourcing arrangements.

Table of Contents

• Oklo Inc. (OKLO): LOI with Centrus advances fuel visibility but further sourcing still required to support buildout
• Valuation and Key Risks
• Disclosure Appendix

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