Cost ConcernsOKLO has secured ~5MT of HALEU from the DOE, but management expects HALEU costs for future procurement to rise as the DOE shifts from pilot production to commercial pricing.
Fabrication And Yield DataBears would argue that fabrication cost, yield, and recycling data remain missing, and that until Oklo proves scalable, low-cost throughput, the model is more concept than margin.
Operating LossOklo reported a 3Q25 operating loss that missed estimates, with a significant decline from the previous year.