Oklo Inc (OKLO) Stock: Rockets to Record High After Landing Air Force Nuclear Contract

TLDR

Table of Contents

Oklo Inc (OKLO) stock hit an all-time high of $59.65, up from a 52-week low of $5.35
The company secured a major contract with the U.S. Air Force to provide nuclear power to Eielson Air Force Base in Alaska
Stock surged 25.6% after announcing the defense contract but declined 4.3% following a $400 million equity offering announcement
Year-to-date performance shows 211.35% gains with the stock up 465.49% over one year
Company reached regulatory milestone with U.S. Nuclear Regulatory Commission reviewing its Licensed Operator Topical Report

Oklo Inc stock reached an all-time high of $59.65 this week, capping off a wild ride for investors. The nuclear technology company has been on a tear, climbing from its 52-week low of $5.35.

The stock’s latest surge came after Oklo announced it secured a contract with the U.S. Air Force. The company will provide nuclear power to Eielson Air Force Base in Alaska using its Aurora nuclear powerhouse technology.

Under the agreement, Oklo will design, build, own, and operate the power plant. The deal includes a long-term power purchase agreement with the Department of Defense.

The Defense Logistics Agency Energy, on behalf of the Department of the Air Force and the @DeptofDefense, issued a Notice of Intent to Award Oklo to build, own and operate the Aurora powerhouse as part of a nuclear energy pilot program at Eielson Air Force Base.
For more… pic.twitter.com/6qnunB6ivM
— Oklo (@oklo) June 11, 2025

The defense contract news sent shares jumping 25.6% in a single session. Investors saw the deal as validation of Oklo’s technology and business model.

But the celebration was short-lived. The stock gave back some gains after Oklo revealed plans for a $400 million equity offering.

Shares dropped 4.3% following the equity offering announcement. Investors worried about potential dilution of their holdings.

Market Cap Swells Past $8 Billion

The stock’s meteoric rise has pushed Oklo’s market capitalization above $8 billion. That’s a dramatic increase from where the company traded just months ago.

Year-to-date performance shows gains of 211.35%. Over the past 12 months, the stock has climbed an eye-popping 465.49%.

The company’s average daily trading volume has reached 16.8 million shares. This reflects intense investor interest in the nuclear technology sector.

Oklo maintains a strong balance sheet with more cash than debt. The company’s current ratio sits at 36.23, indicating solid liquidity.

Regulatory Progress Boosts Confidence

Beyond the Air Force contract, Oklo hit another milestone with regulators. The U.S. Nuclear Regulatory Commission is reviewing the company’s Licensed Operator Topical Report.

This report proposes a new licensing model for nuclear plant operators. The goal is to streamline operations and licensing for future power plants.

Oklo has also voiced support for recent White House executive orders. These orders aim to speed up deployment of advanced nuclear energy solutions.

The executive orders focus on reforming the Nuclear Regulatory Commission. They also target revitalizing the domestic nuclear supply chain.

Craig Hallum analysts maintained their Buy rating on Oklo stock. They highlighted the company’s position in the growing advanced nuclear market.

At its recent annual stockholder meeting, Oklo elected new directors. Michael Klein and Lieutenant General John Jansen joined as Class I directors.

The company also ratified Deloitte & Touche as its independent auditor. This appointment covers the fiscal year ending December 31, 2025.

Analysts remain split on Oklo’s prospects. Some focus on growth potential from defense contracts and regulatory progress.

Others express concern about the impact of equity offerings on existing shareholders. The $400 million raise could dilute current holdings if not managed carefully.

Technical indicators currently show a Buy signal for the stock. However, some analysts warn about overvaluation relative to fair value estimates.

The Aurora nuclear powerhouse represents Oklo’s flagship technology. The system is designed to enhance energy resilience for critical infrastructure.

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