$OKLO

The article says investors are focusing on SMR developers Oklo and NuScale, but highlights GE Vernova (GEV) as an overlooked nuclear exposure. GE Vernova reported Q2 power service orders up 12% and services revenue growth, and CEO Scott Strazik cited progress on an Ontario BWRX-300 SMR project and two U.S. tech selects. It also announced a Texas gas-plus-nuclear plan with Hitachi, subject to a 2027 final decision.

Oklo (OKLO) says it is positioning its micro-reactor “behind-the-meter” model to meet rising AI and data-center power demand. The company signed a framework with Meta Platforms (META) for power support for Meta’s 1.2 GW Ohio campus, targeting grid connection and power generation for the first phase by 2030. Oklo reported $3.0B liquidity and is building a fuel-cycle electrorefining facility in Tennessee.

Oklo Inc. said on its latest earnings call it is developing Aurora microreactors for power demand from hyperscalers. The company signed a master agreement with Meta Platforms for a 1.2GW Ohio campus, planning up to 16 microreactors. Oklo also is investing in an electrorefining recycling facility in Tennessee. Aurora is not expected to start until 2028; it has $3 billion liquidity.

Oklo (NYSE: OKLO) reported its first quarterly revenue of $1.21M and said its Groves reactor reached first criticality, while AST SpaceMobile (NASDAQ: ASTS) reported $31.52M revenue and a nine-figure launch loss tied to its BB7 incident. ASTS cited $2.29B cash and $1.30B backlog. OKLO targets first power in 2027.

Oklo Inc. (OKLO) said its Groves isotope test reactor reached first criticality on Aug. 5, 2026, after construction completed in 229 days. The company expects about 12 more months before Groves produces R&D isotope quantities, with first isotope revenue from its Idaho lab in early 2027. Shares are down about 37% YoY, and investors still weigh commercialization and regulatory risks.

Goldman Sachs estimates global AI data-center spending could reach $1T in 2026, JPMorgan $697B in the US, and Bank of America about $1.2T by 2027. The article says the bottleneck is not cash but compute, skilled labor, regulation, and especially power, citing a 19 GW power shortfall by 2035. It notes NVDA, AMZN, and CoreWeave demand exceeds supply.

Oklo Inc. (OKLO) is developing its Aurora nuclear platform, including power generation and fuel fabrication, recycling and isotopes. The company links demand to a planned 1.2 GW Ohio campus and targets Aurora-INL for 2028, but its core power business is pre-revenue. OKLO reported $1.2M Q2 2026 revenue and a $48.5M net loss, and raised 2026 operating cash use to $120-$150M and capex to $400-$500M.

Oklo (NYSE: OKLO) reported its first quarterly revenue of $1.21 million for Q2, compared with none a year earlier, and total liquidity of about $3 billion. It also posted a net loss of about $48.5 million and said its Groves Reactor reached first criticality. The stock rose over 14% after the Aug. 7 update.

Oklo (OKLO) shares fell about 3% after hours after the company reported a wider Q1 net loss of $33.1 million, or $0.19 per share, versus $9.8 million, or $0.07 a year earlier. Oklo also said it entered a strategic partnership with Battelle Energy Alliance for AI work tied to Idaho National Laboratory, and is moving into an NRC pre-application phase. JPMorgan set a neutral rating and $83 target; Tigress set Buy and $130.

Oklo said on Aug. 6 it reached “criticality” in its small modular reactor in Texas, meaning it can produce steady energy, according to Bloomberg. The article links the update to two nuclear ETFs. Oklo is about 4.4% of VanEck Uranium and Nuclear ETF (NLR) and about 6.2% of Global X Uranium ETF (URA).