Oklo Inc. (“Oklo”), an advanced nuclear technology company, announced it has signed a memorandum of understanding (MOU) with ABB, a global leader in electrification and automation, and has commissioned a digital monitoring room at its headquarters in Santa Clara, California. The monitoring room, equipped with ABB technology, will anchor Oklo’s operator training and simulation center and reflects continued progress toward fleetwide deployment of Oklo’s Aurora powerhouses.

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From left, Oklo Co-founder and CEO Jacob DeWitte, Oklo Vice President of Product Integration Scott Auerbach, ABB Vice President of US Sales Mark Zyskowski, and ABB Director - Strategic Pursuits Trikkadikunnath Ramesh in the digital monitoring room at Oklo's headquarters in Santa Clara, California. (Image: Oklo)

Unlike traditional nuclear control rooms that require real-time operator actions during normal operations, Oklo’s Aurora powerhouses are designed to rely on automation and inherent safety features so the personnel can behave more like monitors than operators. This approach is enabled by the Aurora design’s advanced safety profile and operational simplicity. The room will support simulation, training, and licensing preparation—key components of Oklo’s commercial readiness strategy.

“This milestone reflects another important step towards deployment, and deploying at scale,” said Jacob DeWitte, Co-Founder and CEO of Oklo. “We are excited to be working with ABB’s world class capabilities as we move forward.”

Oklo recently achieved a regulatory milestone with the U.S. Nuclear Regulatory Commission’s acceptance of Oklo’s Product-Based Operator Licensing Framework Topical Report for review. The report proposes a technology-based licensing framework that departs from the traditional model, where operators are licensed to a single facility and required to be onsite 24/7. Instead, Oklo’s approach would enable operators to be licensed for the Aurora powerhouse design itself, allowing them to monitor multiple plants from a central location and move among sites as needed. This strategy leverages the Aurora design’s automation and inherent safety features and aligns with Oklo’s vision for efficient, repeatable deployment.

Through the newly signed MOU, Oklo and ABB intend to explore broader collaboration opportunities, including digitalization, automation, and electrification of future powerhouse sites, as well as joint R&D related to data center integration and advanced energy systems.

“As global demand for energy continues to rise, we at ABB support a wide range of low-carbon sources, including nuclear. Innovation and collaboration are essential, and working with companies like Oklo allows us to apply proven technology in ways that strengthen the safe and efficient operation of advanced energy systems,” said Per Erik Holsten, President of ABB’s Energy Industries.

About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and U.S. National Laboratories.

Forward-Looking Statements

This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.

As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; risks related to the availability of fuel, including high-assay low-enriched uranium (“HALEU”), plutonium, and recycled fuels; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries.

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

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