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Oklo Advances Licensing with Completion of NRC Readiness Assessment
Oklo Advances Licensing with Completion of NRC Readiness Assessment

Business Wire

time6 days ago

  • Business
  • Business Wire

Oklo Advances Licensing with Completion of NRC Readiness Assessment

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced the successful completion of the U.S. Nuclear Regulatory Commission's (NRC's) pre-application readiness assessment for Phase 1 of the combined license application (COLA) for Oklo's first commercial Aurora powerhouse at Idaho National Laboratory (INL). The NRC's observations affirmed Oklo's readiness to move forward, with no significant gaps identified that would hinder acceptance of the application. Observations were also provided that will help Oklo finalize the application to support an efficient and effective review process. 'We view this assessment as a productive engagement tool that moves our licensing and permitting work forward,' said Jacob DeWitte, Co-Founder and CEO of Oklo. 'Our team has worked closely with the NRC to build a clear, efficient licensing pathway, and this is a good signal that we are on track.' Oklo has proactively engaged with the NRC since 2016 and has completed a broad range of pre-application activities, including securing an approved Quality Assurance Program Description and advancing critical licensing elements such as safety analysis, component classification, and operational protocols. The completion of this assessment reflects both Oklo's innovative approach to licensing and the NRC's broader commitment—reinforced by the ADVANCE Act and recent Executive Orders—to modernize regulatory processes and enable the timely deployment of advanced nuclear technologies. Notably, the NRC's move to support standardized environmental review templates for reactor and site characteristics marks a meaningful step toward repeatable, accelerated licensing for advanced reactors. Oklo plans to submit the first phase of the Aurora-INL COLA this year. Oklo's licensing strategy supports the efficient and repeatable deployment of its Aurora powerhouses, enabling future follow-on applications to serve its growing pipeline of commercial and Federal customers. About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale; establishing a domestic supply chain for critical radioisotopes; and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and National Laboratories. Forward-Looking Statements This press release includes statements that express Oklo's opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, 'forward-looking statements.' The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intends,' 'may,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would' or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, the benefits of the DOE's Voucher Program, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo's future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo's powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; the risk that the DOE's Voucher Program fails to produce the expected benefits; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Trump fires Democratic commissioner of independent agency that oversees nuclear safety
Trump fires Democratic commissioner of independent agency that oversees nuclear safety

Los Angeles Times

time16-06-2025

  • Business
  • Los Angeles Times

Trump fires Democratic commissioner of independent agency that oversees nuclear safety

WASHINGTON — President Trump has fired a Democratic commissioner for the federal agency that oversees nuclear safety as he continues to assert more control over independent regulatory agencies. Christopher Hanson, a former chairman of the U.S. Nuclear Regulatory Commission, said in a statement Monday that Trump terminated his position as NRC commissioner without cause, 'contrary to existing law and longstanding precedent regarding removal of independent agency appointees.' The firing of Hanson comes as Trump seeks to take authority away from the independent safety agency, which has regulated the U.S. nuclear industry for five decades. Trump signed executive orders in May intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the orders grant the U.S. Energy secretary authority to approve some advanced reactor designs and projects. White House spokesperson Anna Kelly said in an emailed statement that 'all organizations are more effective when leaders are rowing in the same direction' and that the Republican president reserves the right to 'remove employees within his own executive branch.' Trump fired two of the three Democratic commissioners at the Equal Employment Opportunity Commission, an independent federal agency responsible for enforcing federal laws that prohibit discrimination in the workplace. In a similar move, two National Labor Relations Board members were fired. Willie Phillips, a Democratic member and former chairman of the independent Federal Energy Regulatory Commission, stepped down in April, telling reporters that the White House asked him to do so. Trump also signed an executive order to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission. New Jersey Rep. Frank Pallone, the top Democrat on the House Committee on Energy and Commerce, called Hanson's firing illegal and another attempt by Trump to undermine independent agencies and consolidate power in the White House. 'Congress explicitly created the NRC as an independent agency, insulated from the whims of any president, knowing that was the only way to ensure the health, safety and welfare of the American people,' Pallone said in a statement. Senate Democrats also said Trump overstepped his authority. Sens. Sheldon Whitehouse, Patty Murray and Martin Heinrich said in a joint statement that 'Trump's lawlessness' threatens the commission's ability to ensure that nuclear power plants and nuclear materials are safe and free from political interference. Hanson was nominated to the commission by Trump in 2020. He was appointed chair by former President Biden in January 2021 and served in that role until Trump's inauguration to a second term as president. Trump selected David Wright, a Republican member of the commission, to serve as chair. Hanson continued to serve on the NRC as a commissioner. His term was due to end in 2029. Wright's term expires on June 30. The White House has not said if he will be reappointed. Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, called Hanson a dedicated public servant and a strong supporter of the NRC's public health and safety mission. Firing Hanson is Trump's 'latest outrageous move to undermine the independence and integrity' of the agency that protects the U.S. homeland from nuclear power plant disasters, Lyman said in a statement. The NRC confirmed Hanson's service ended on Friday, bringing the panel to two Democrats and two Republicans. The commission has functioned in the past with fewer than the required five commissioners and will continue to do so, the statement said. McDermott and Daly write for the Associated Press. McDermott reported from Providence, R.I.

Trump fires Democratic commissioner of independent agency that oversees nuclear safety
Trump fires Democratic commissioner of independent agency that oversees nuclear safety

San Francisco Chronicle​

time16-06-2025

  • Business
  • San Francisco Chronicle​

Trump fires Democratic commissioner of independent agency that oversees nuclear safety

WASHINGTON (AP) — President Donald Trump has fired a Democratic commissioner for the federal agency that oversees nuclear safety as he continues to assert more control over independent regulatory agencies. Christopher Hanson, a former chairman of the U.S. Nuclear Regulatory Commission, said in a statement Monday that Trump terminated his position as NRC commissioner without cause, 'contrary to existing law and longstanding precedent regarding removal of independent agency appointees.' The firing of Hanson comes as Trump seeks to take authority away from the independent safety agency, which has regulated the U.S. nuclear industry for five decades. Trump signed executive orders in May intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the orders grant the U.S. energy secretary authority to approve some advanced reactor designs and projects. White House spokesperson Anna Kelly told reporters that 'all organizations are more effective when leaders are rowing in the same direction' and that the Republican president reserves the right to remove employees within the executive branch who exert his executive authority. Trump fired two of the three Democratic commissioners at the Equal Employment Opportunity Commission, an independent federal agency responsible for enforcing federal laws that prohibit discrimination in the workplace. In a similar move, two National Labor Relations Board members were fired. Willie Phillips, a Democratic member and former chairman of the independent Federal Energy Regulatory Commission, stepped down in April, telling reporters that the White House asked him to do so. Trump also signed an executive order to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission. New Jersey Rep. Frank Pallone, the top Democrat on the the House Energy and Commerce Committee, called Hanson's firing illegal and another attempt by Trump to undermine independent agencies and consolidate power in the White House. 'Congress explicitly created the NRC as an independent agency, insulated from the whims of any president, knowing that was the only way to ensure the health, safety and welfare of the American people," Pallone said in a statement. Senate Democrats also said Trump overstepped his authority. Sens. Sheldon Whitehouse, Patty Murray and Martin Heinrich said in a joint statement that 'Trump's lawlessness' threatens the commission's ability to ensure that nuclear power plants and nuclear materials are safe and free from political interference. Hanson was nominated to the commission by Trump in 2020. He was appointed chair by President Joe Biden in January 2021 and served in that role until Trump's inauguration to a second term as president. Trump selected David Wright, a Republican member of the commission, to serve as chair. Hanson continued to serve on the NRC as a commissioner. His term was due to end in 2029. Wright's term expires on June 30. The White House has not said if he will be reappointed. Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, called Hanson a dedicated public servant and a strong supporter of the NRC's public health and safety mission. Firing Hanson is Trump's 'latest outrageous move to undermine the independence and integrity' of the agency that protects the U.S. homeland from nuclear power plant disasters, Lyman said in a statement. The NRC confirmed Hanson's service ended on Friday, bringing the panel to two Democrats and two Republicans. The commission has functioned in the past with fewer than the required five commissioners and will continue to do so, the statement said. ___

Trump fires Democratic commissioner of independent agency that oversees nuclear safety
Trump fires Democratic commissioner of independent agency that oversees nuclear safety

Yahoo

time16-06-2025

  • Business
  • Yahoo

Trump fires Democratic commissioner of independent agency that oversees nuclear safety

WASHINGTON (AP) — President Donald Trump has fired a Democratic commissioner for the federal agency that oversees nuclear safety as he continues to assert more control over independent regulatory agencies. Christopher Hanson, a former chairman of the U.S. Nuclear Regulatory Commission, said in a statement Monday that Trump terminated his position as NRC commissioner without cause, 'contrary to existing law and longstanding precedent regarding removal of independent agency appointees.' The firing of Hanson comes as Trump seeks to take authority away from the independent safety agency, which has regulated the U.S. nuclear industry for five decades. Trump signed executive orders in May intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the orders grant the U.S. energy secretary authority to approve some advanced reactor designs and projects. White House spokesperson Anna Kelly told reporters that 'all organizations are more effective when leaders are rowing in the same direction' and that the Republican president reserves the right to remove employees within the executive branch who exert his executive authority. Trump fired two of the three Democratic commissioners at the Equal Employment Opportunity Commission, an independent federal agency responsible for enforcing federal laws that prohibit discrimination in the workplace. In a similar move, two National Labor Relations Board members were fired. Willie Phillips, a Democratic member and former chairman of the independent Federal Energy Regulatory Commission, stepped down in April, telling reporters that the White House asked him to do so. Trump also signed an executive order to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission. New Jersey Rep. Frank Pallone, the top Democrat on the the House Energy and Commerce Committee, called Hanson's firing illegal and another attempt by Trump to undermine independent agencies and consolidate power in the White House. 'Congress explicitly created the NRC as an independent agency, insulated from the whims of any president, knowing that was the only way to ensure the health, safety and welfare of the American people," Pallone said in a statement. Senate Democrats also said Trump overstepped his authority. Sens. Sheldon Whitehouse, Patty Murray and Martin Heinrich said in a joint statement that 'Trump's lawlessness' threatens the commission's ability to ensure that nuclear power plants and nuclear materials are safe and free from political interference. Hanson was nominated to the commission by Trump in 2020. He was appointed chair by President Joe Biden in January 2021 and served in that role until Trump's inauguration to a second term as president. Trump selected David Wright, a Republican member of the commission, to serve as chair. Hanson continued to serve on the NRC as a commissioner. His term was due to end in 2029. Wright's term expires on June 30. The White House has not said if he will be reappointed. Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, called Hanson a dedicated public servant and a strong supporter of the NRC's public health and safety mission. Firing Hanson is Trump's 'latest outrageous move to undermine the independence and integrity' of the agency that protects the U.S. homeland from nuclear power plant disasters, Lyman said in a statement. The NRC confirmed Hanson's service ended on Friday, bringing the panel to two Democrats and two Republicans. The commission has functioned in the past with fewer than the required five commissioners and will continue to do so, the statement said. ___ McDermott reported from Providence, R.I. ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. The AP is solely responsible for all content. Find the AP's standards for working with philanthropies, a list of supporters and funded coverage areas at

Trump fires Democratic commissioner of independent agency that oversees nuclear safety
Trump fires Democratic commissioner of independent agency that oversees nuclear safety

Winnipeg Free Press

time16-06-2025

  • Business
  • Winnipeg Free Press

Trump fires Democratic commissioner of independent agency that oversees nuclear safety

WASHINGTON (AP) — President Donald Trump has fired a Democratic commissioner for the federal agency that oversees nuclear safety as he continues to assert more control over independent regulatory agencies. Christopher Hanson, a former chairman of the U.S. Nuclear Regulatory Commission, said in a statement Monday that Trump terminated his position as NRC commissioner without cause, 'contrary to existing law and longstanding precedent regarding removal of independent agency appointees.' The firing of Hanson comes as Trump seeks to take authority away from the independent safety agency, which has regulated the U.S. nuclear industry for five decades. Trump signed executive orders in May intended to quadruple domestic production of nuclear power within the next 25 years, a goal experts say the United States is highly unlikely to reach. To speed up the development of nuclear power, the orders grant the U.S. energy secretary authority to approve some advanced reactor designs and projects. White House spokesperson Anna Kelly told reporters that 'all organizations are more effective when leaders are rowing in the same direction' and that the Republican president reserves the right to remove employees within the executive branch who exert his executive authority. Trump fired two of the three Democratic commissioners at the Equal Employment Opportunity Commission, an independent federal agency responsible for enforcing federal laws that prohibit discrimination in the workplace. In a similar move, two National Labor Relations Board members were fired. Willie Phillips, a Democratic member and former chairman of the independent Federal Energy Regulatory Commission, stepped down in April, telling reporters that the White House asked him to do so. Trump also signed an executive order to give the White House direct control of independent federal regulators such as the Securities and Exchange Commission, the Federal Trade Commission and the Federal Communications Commission. New Jersey Rep. Frank Pallone, the top Democrat on the the House Energy and Commerce Committee, called Hanson's firing illegal and another attempt by Trump to undermine independent agencies and consolidate power in the White House. 'Congress explicitly created the NRC as an independent agency, insulated from the whims of any president, knowing that was the only way to ensure the health, safety and welfare of the American people,' Pallone said in a statement. Senate Democrats also said Trump overstepped his authority. Sens. Sheldon Whitehouse, Patty Murray and Martin Heinrich said in a joint statement that 'Trump's lawlessness' threatens the commission's ability to ensure that nuclear power plants and nuclear materials are safe and free from political interference. Hanson was nominated to the commission by Trump in 2020. He was appointed chair by President Joe Biden in January 2021 and served in that role until Trump's inauguration to a second term as president. Trump selected David Wright, a Republican member of the commission, to serve as chair. Hanson continued to serve on the NRC as a commissioner. His term was due to end in 2029. Wright's term expires on June 30. The White House has not said if he will be reappointed. Edwin Lyman, director of nuclear power safety at the Union of Concerned Scientists, called Hanson a dedicated public servant and a strong supporter of the NRC's public health and safety mission. Firing Hanson is Trump's 'latest outrageous move to undermine the independence and integrity' of the agency that protects the U.S. homeland from nuclear power plant disasters, Lyman said in a statement. The NRC confirmed Hanson's service ended on Friday, bringing the panel to two Democrats and two Republicans. The commission has functioned in the past with fewer than the required five commissioners and will continue to do so, the statement said. ___ McDermott reported from Providence, R.I. ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. The AP is solely responsible for all content. Find the AP's standards for working with philanthropies, a list of supporters and funded coverage areas at

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