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Oklo and Standard Nuclear Form Strategic Alliance to Strengthen Advanced Nuclear Fuel Supply Chain

Collaboration represents Oklo's first third-party offtake pathway for recycled materials, aiming to bolster domestic energy resiliency via recycling and responsible utilization of U.S. surplus plutonium.

Oklo Inc. (NYSE:OKLO) ("Oklo"), an advanced nuclear technology company, and Standard Nuclear, a reactor-agnostic producer of TRISO nuclear fuel, today announced they have entered a memorandum of understanding (MOU) to explore commercial collaboration on nuclear fuel recycling and advanced fuel manufacturing. As part of that collaboration, the companies also intend to work together on the safe, secure, and cost-effective utilization of U.S. surplus plutonium for advanced reactor fuel, following both companies' recent selection by the U.S. Department of Energy among five firms for advanced negotiations under its Surplus Plutonium Utilization Program.

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Media and Communications for Oklo:

Bonita Chester, Head of Communications and Media at media@oklo.com

Investor Contact:

Sam Doane, Senior Director of Investor Relations at investors@oklo.com

For Standard Nuclear:

StandardNuclear@icrinc.com