Bealmear Richard Craig sold $3.3M of OKLO

FuelCell Energy (FCEL) reported Q2 results showing a shift in its pipeline: power-plant proposals submitted rose 267% to 4 GW, with management saying 89% of the pipeline targets data centers seeking behind-the-meter baseload power for AI. The average proposal size doubled to 130 MW. Financially, Q2 revenue fell 5% to $35.6M; backlog declined to $1.14B; operating and net losses widened to $77.9M and $77.6M.

Oklo shares rose 7.1% to close at $57.85 after the company said the U.S. Department of Energy’s Idaho Operations Office approved its Aurora-INL Preliminary Documented Safety Analysis under the DOE Reactor Pilot Program. Oklo’s CEO Jacob DeWitte said the step supports future Aurora deployments and moves the project toward the final DOE safety document.

Oklo said it will buy Tennessee-based ARMEC, a ~40-person precision manufacturing firm with 20+ years’ experience, to bring more reactor engineering and production in-house and speed the move from test hardware to repeatable manufacturing. Oklo also highlighted DOE talks on plutonium-to-fuel and a $2B fuel fabrication plan with Newcleo, plus an AI design partnership with INL. Bank of America restarted coverage with a Buy rating and $80 target; consensus is Moderate Buy with an average $85.68 tar

Oklo Inc. (OKLO) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. oklo-20260603 0001849056 FALSE 0001849056 2026-06-03 2026-06-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported):

Oklo (OKLO) develops small nuclear reactors intended to provide carbon-free electricity under long-term contracts. The company says its Aurora design is a 75 MWe liquid-metal-cooled fast reactor using used fuel and HALEU, with fuel recycling efforts underway. Oklo listed in May 2024; shares have swung sharply, and it targets first reactor deployment in late 2027/early 2028 pending NRC approval.

Bank of America analysts said nuclear power has been “rediscovered” amid surging electricity demand, citing reliable baseload power, lower carbon footprint and higher energy return. They called nuclear a $10 trillion opportunity. Morgan Stanley projects global nuclear capacity could exceed 860 GW by 2050 and $2.2 trillion in nuclear value-chain investment over 25 years. Reuters links demand growth to AI data centers.