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Oklo Picked as Intended Awardee to Provide Power to Eielson Air Force Base in Alaska; Shares Jump
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Oklo Picked as Intended Awardee to Provide Power to Eielson Air Force Base in Alaska; Shares Jump
Jun 11, 2025 8:48 AM

11:25 AM EDT, 06/11/2025 (MT Newswires) -- Oklo ( OKLO ) said Wednesday it has been selected as an intended awardee by the Defense Logistics Agency Energy to provide power via the deployment of an Aurora powerhouse at the Eielson Air Force Base in Alaska.

Under the terms of the expected deal, Oklo ( OKLO ) would design, build, own, and operate the power plant to deliver electricity and heat to the the Air Force base, via a long-term power purchase agreement, the company said.

Oklo ( OKLO ) shares were rising nearly 27% in recent trading.

Price: 66.10, Change: +13.56, Percent Change: +25.81

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