Oklo, Lightbridge to evaluate additional co-location opportunities

Oklo (OKLO) and Lightbridge (LTBR) announced a strategic collaboration to explore the potential co-location of a Lightbridge fuel fabrication facility within Oklo’s planned advanced fuel manufacturing facility. This work is under a memorandum of understanding that was signed earlier this year. Oklo and Lightbridge are jointly assessing the feasibility of commercial-scale fuel fabrication within Oklo’s planned fuel manufacturing infrastructure. Consistent with the objectives of the MOU, this initiative aims to accelerate the commercialization of advanced nuclear fuels through joint fuel fabrication and research and development, including manufacturing fuel using repurposed plutonium from legacy materials. The proposed co-located facility would support the production of advanced fuels for both fast reactors and light water reactors, reinforcing both companies’ commitment to U.S. leadership in advanced nuclear fuel manufacturing and recycling. The collaboration underscores a shared vision for strengthening domestic energy security, supporting advanced reactor deployment, improving the performance of existing light water reactors, and enhancing the resilience of the nuclear fuel supply chain. In addition to commercial fuel production, the co-located site would serve as a joint R&D hub for advanced fuel development. These capabilities align with emerging federal policy and represent a critical step toward building a robust commercial supply chain for next-generation nuclear technologies.