Meta Platforms will provide upfront capital to underwrite early site work, initial equipment orders and fuel procurement for Oklo’s Aurora microreactor project in Pike County, Ohio. This agreement secures a future customer and reduces early-stage financing risk but does not include immediate power purchases.

Oklo remains pre-commercial with no electricity sales to date and recorded a nine-month 2025 operating expense of $82.2 million, up from $61.3 million in 2024, resulting in a net loss of $64.2 million. Research and development costs jumped 76% and general and administrative expenses rose 196% year-over-year, reflecting rapid cash burn.

The 1.2GW capacity build-out is targeted by 2030 for conceptual milestones and fully operational by 2034, requiring extensive licensing, manufacturing scale-up and HALEU fuel supply. While Meta’s capital reduces early equity risk, significant hurdles remain in securing fabrication yards, qualified workforce and large-scale assembly lines.