Oklo has entered into a definitive agreement with Meta Platforms to develop a 1.2 gigawatt advanced fission power campus on 206 acres in Pike County, Ohio. The land, previously owned by the U.S. Department of Energy, was acquired through the Southern Ohio Diversification Initiative. Meta’s prepaid power mechanism and direct funding commitment will secure nuclear fuel procurement and underwriting of early development, providing project certainty for Oklo’s Aurora powerhouse series.

Pre–construction and site characterization are scheduled to commence in 2026. The initial phase of the project is targeted to deliver approximately 300 MW by 2030, with incremental expansions reaching the full 1.2 GW capacity by 2034. Oklo’s modular reactor design allows each Aurora unit to generate roughly 50 MW, enabling the company to scale output in line with Meta’s data center demand and regional grid requirements within PJM Interconnection.

In parallel, Oklo’s subsidiary Atomic Alchemy has secured a DOE Other Transaction Agreement to design, build and operate a radioisotope pilot plant under the Reactor Pilot Program. This facility will produce medical and research radioisotopes domestically, replacing aging overseas sources. The pilot stage will generate critical data to streamline licensing and regulatory pathways, laying the groundwork for a subsequent commercial-scale Meitner-1 production facility.

Following the Meta agreement announcement, Oklo shares jumped more than 18% in premarket trading, extending a five-day rally that has lifted market capitalization by nearly $4 billion to roughly $15 billion. Analysts highlight that Meta’s prepayment structure de-risks Oklo’s fuel supply and capital requirements, while DOE backing of the radioisotope program further validates Oklo’s technology and strengthens its path to profitability.