Oklo Shares Jump 2% on Zeldin’s Reactor Support and NRC Overhaul
OKLO•EPA Administrator Lee Zeldin’s praise of small modular reactors lifted Oklo shares by 2% in pre-market trading as investors anticipated U.S. nuclear support. An executive order directs the Nuclear Regulatory Commission to streamline licensing, cut regulatory barriers and back a fourfold jump in nuclear capacity to 400 gigawatts by 2050.
1. Zeldin Endorsement of SMRs
EPA Administrator Lee Zeldin emphasized small modular reactors as a cornerstone of U.S. energy dominance, signaling sustained federal backing for nuclear power development. His comments reinforced expectations that the administration will prioritize funding and regulatory support for companies like Oklo.
2. NRC Overhaul Executive Order
A recent executive order mandates the Nuclear Regulatory Commission to streamline its licensing process, impose fixed approval deadlines and reduce regulatory barriers. The directive aims to boost U.S. nuclear capacity from 100 gigawatts today to 400 gigawatts by 2050.
3. Oklo Market Response
Oklo shares rose about 2% in pre-market trading following Zeldin’s remarks and the executive order details. Investors are betting that faster approvals and clearer regulations will accelerate Oklo’s small modular reactor development and project timelines.
