Oklo and Standard Nuclear Partner on Fuel Recycling and Advanced Reactor Supply Chain (OKLO)

**Companies Explore Collaboration on Recycled Nuclear Fuel** Oklo Inc. (NYSE:OKLO) and Standard Nuclear have entered into a memorandum of understanding aimed at evaluating opportunities in nuclear fuel recycling and next-generation fuel production, according to a joint announcement. The agreement creates a framework for assessing the commercial use of recycled nuclear materials from Oklo's proposed fuel recycling facility in Oak Ridge, Tennessee. The companies will examine the potential supply of reprocessed uranium and uranium-transuranic materials recovered from used nuclear fuel for use in Standard Nuclear's TRISO fuel manufacturing operations. **Focus on Advanced Fuel Development** The partnership is intended to support the development of domestic nuclear fuel supply chains as demand for advanced reactor technologies continues to grow. Under the arrangement, the companies will study how recycled fuel streams can be integrated into future fuel production, helping reduce reliance on newly mined materials while supporting advanced reactor deployment. **Surplus Plutonium Program Creates Additional Opportunities** The memorandum also includes plans to explore the use of surplus U.S. plutonium in advanced reactor fuel applications. Both companies were recently selected by the U.S. Department of Energy as part of a group of five firms advancing discussions under the Surplus Plutonium Utilization Program. As part of the collaboration, Oklo and Standard Nuclear intend to evaluate potential cooperation in areas including facility development, regulatory licensing, packaging solutions and transportation logistics related to plutonium conversion projects. **Executives Highlight Strategic Benefits** Oklo co-founder and Chief Executive Officer Jacob DeWitte said the collaboration with Standard Nuclear "helps support the domestic supply chains needed to deploy advanced nuclear at scale." Standard Nuclear Chief Executive Officer Kurt Terrani described the agreement as "a compelling pathway to source feedstock materials" for the company's TRISO fuel manufacturing and radioisotope power system businesses. **Supporting Long-Term Nuclear Fuel Security** The United States currently holds nearly 100,000 metric tons of used nuclear fuel, which Oklo views as a significant untapped energy resource. The company is also advancing development of Pluto, a plutonium-fueled fast test reactor designed to demonstrate how surplus plutonium can be used as fuel in advanced nuclear systems. **Strengthening the U.S. Advanced Nuclear Industry** Standard Nuclear describes itself as the only independent U.S. developer of TRISO fuel for advanced reactors, supplying fuel solutions for both terrestrial energy projects and space-based applications. The proposed collaboration could help strengthen domestic capabilities across the nuclear fuel cycle while supporting the commercialization of advanced reactor technologies and long-term energy security initiatives.