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Oklo Says Proposed Acquisition Target to Provide Fuel for Radioisotope Power Systems
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Oklo Says Proposed Acquisition Target to Provide Fuel for Radioisotope Power Systems
Nov 21, 2024 6:39 PM

10:08 AM EST, 11/21/2024 (MT Newswires) -- Oklo ( OKLO ) said Thursday that Atomic Alchemy, which it plans to acquire in an all-stock transaction, has signed a memorandum of understanding with Zeno Power Systems to provide it with strontium-90, americium-241, and other radioisotopes to power radioisotope power systems.

Financial terms weren't disclosed.

Oklo's ( OKLO ) recycling processes can produce these radioisotopes as coproducts, the company added.

Price: 21.11, Change: +0.16, Percent Change: +0.75

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