Oklo, Siemens sign contract for power conversion system for Aurora powerhouse

Oklo (OKLO) and Siemens Energy (SIEGY) have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora powerhouse. The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and initiate the manufacturing process for the power conversion system. This partnership on key components combines Oklo’s expertise in advanced fission technology with Siemens Energy’s steam turbine and generator systems to deliver clean, reliable electricity using industrial equipment. Under the contract, Siemens Energy will conduct detailed engineering and layout activities for a condensing SST-600 steam turbine, an SGen-100A industrial generator, and associated auxiliaries to support Oklo’s first advanced reactor, the Aurora powerhouse at Idaho National Laboratory.