Oklo establishes preferred supplier agreement with Siemens Energy

Oklo (OKLO) announced a key strategic development in its supply chain management by signing a preferred supplier agreement with Siemens Energy (SIEGY) for the power conversion system of the Aurora powerhouse. This agreement underscores Oklo’s ambitions to bring cost-efficient advanced fission technology to market. Building on a previously signed Memorandum of Understanding, this binding agreement marks a crucial step in Oklo’s vision to enhance production scalability, cost efficiency, and rapid deployment to meet growing customer demand.