NRC LICENSING CIRCUIT
23 PTS
#4 OF 6
▼ STALLING
Also tracked in: DOE PILOT · MICROREACTOR
Signal Indicators
FUNDING STRENGTHMEDIUM
$500M+ post-SPAC · DOE agreements
COMMERCIAL TRACTIONHIGH
Meta 1.2GW · OpenAI MOU · strongest pipeline
REGULATORY MOMENTUMMEDIUM
Second application under review · prior rejection
SUPPLY CHAIN READINESSMEDIUM
Fuel recycling in development · HALEU dependent
Signal indicators reflect Corium editorial assessment based on public data. Not investment advice.
LOADING MARKET DATA…
Company Profile
Reactor Specs
REACTOR DESIGN
Aurora · Sodium Fast Microreactor
POWER OUTPUT
15 MWe
COOLANT
Liquid Metal
FUEL TYPE
HALEU Metallic
TARGET OPERATION
2027
SITE LOCATION
Idaho Falls, ID
Licensing Milestone Tracker
PRE-APPLICATION
2019
APPLICATION
Jul 2023
UNDER REVIEW
—
RAI RESOLVED
—
DESIGN CERTIFIED
—
CONSTRUCTION PERMIT
—
Investor Intelligence
Capital Overview
TOTAL RAISED
$500M+
post-SPAC
MARKET CAP
…
NYSE: OKLO
SHARES OUT
~165M
approximate
GOVT GRANTS
UNDISCLOSED
DOE agreements
Key Agreements
Corium Assessment
Independent analysis · Not investment advice
⚠ RISK
NRC rejection history
First application denied in 2022. Second application under review. Two consecutive failures would be extremely damaging for investor confidence and the DOE pilot program.
✓ STRENGTH
Strongest commercial pipeline in the microreactor space
Meta 1.2 GWe agreement is the largest announced nuclear power purchase in history relative to company stage. OpenAI interest adds further data center demand signal.
~ WATCH
July 4, 2026 criticality target
Self-imposed deadline with high visibility. Missing it would not be fatal but would reset investor sentiment significantly.
Corium assessments are independent editorial analysis based on public information. Not investment advice. Data sourced from NRC ADAMS, company filings, and press releases.
NRC Regulatory Journey
0 DOCUMENTS · SOURCE: NRC ADAMS