Oklo plans to go public and ‘accelerate business plan’ : Corporate
July 12, 2023
Oklo is to go public by merging with AltC Acquisition Corp – co-founded by Oklo chairman Sam Altman – in a deal which values the company at USD850 million.
How an Oklo plant might look (Image: Oklo)
Altman is AltC CEO and has been chairman of Oklo since 2015. AltC, a special purpose acquisition vehicle, was co-founded by Altman and Churchill Capital in 2021 “to provide public investors access to a compelling ‘hard tech’ opportunity”.
Oklo, founded in 2013, plans to commercialize its liquid metal fast reactor technology with the Aurora ‘powerhouse’, a fast neutron reactor that…