Shares of Oklo Inc. ( OKLO ) , a company specializing in advanced nuclear power and fuel recycling, are rising after a partnership with RPower, a key provider of onsite backup and prime power, to launch a phased energy model tailored for data centers.

The collaboration seeks to offer immediate power solutions while planning for a transition to clean energy through Oklo’s Aurora reactors, phasing out diesel generators and promoting more sustainable operations.

“This collaboration aims to ensure that data centers can access reliable energy today while building a clear and practical pathway to clean energy in the future,” said Oklo’s Co-Founder and CEO, Jacob DeWitte.

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The agreement coincides with Oklo’s expanding customer base, supported by an order backlog of 14 gigawatts of energy.

The phased approach is set to unfold in multiple stages, starting with the deployment of RPower’s natural gas generators, then gradually shifting to Oklo’s advanced nuclear solutions as the Aurora powerhouses are ready for commercial use.

“Our relationship with Oklo ( OKLO ) represents a powerful way to bridge today’s energy demands with tomorrow’s clean energy solutions,” said RPower COO Jamie Smith.

The two companies intend to implement this model for both current and future clients, advancing their goal of offering energy solutions that meet operational requirements while promoting sustainability objectives.

In December, Oklo ( OKLO ) signed a non-binding Master Power Agreement with data center provider Switch to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044. 

Price Action: OKLO ( OKLO ) shares are trading higher by 7.41% at $26.03 at the last check Friday.

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