10:32 AM EDT, 08/14/2025 (MT Newswires) -- Oklo's ( OKLO ) selection by the US Department of Energy in its nuclear reactor pilot program represents a "major win" for the company, Wedbush Securities said in a note Thursday.
The company said Wednesday it was chosen for two reactor pilot projects while its Atomic Alchemy unit was awarded one project under the program.
Wedbush said it believes that the company continues to benefit from the "significantly increased" US government support for nuclear energy.
The firm said it remains confident in the company's long-term vision amid the push to use nuclear energy "to power the next 4th Industrial Revolution."
Wedbush maintained Oklo's ( OKLO ) outperform rating and $80 price target.
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