U.S. Oklo Inc. and Sweden’s Blykalla AB, both advanced nuclear technology companies, today announced a strategic partnership focused on technology collaboration, supply-chain coordination, and regulatory knowledge-sharing. The agreement includes Oklo co-leading Blykalla’s next investment round through an approximately $5 million commitment, a step that strengthens the companies’ transatlantic collaboration to accelerate advanced nuclear commercialization.
Under a Joint Technology Development Agreement, Oklo and Blykalla will share insights on materials, components, non-nuclear supply chain sourcing, fuel fabrication, and licensing best practices across the U.S. and Sweden. Through increased cooperation and coordination, both developers aim to reduce costs and schedule risks.
This is one of the first transatlantic partnerships in the advanced nuclear reactor sector. Aligning fast reactor developers across Europe and the U.S. shows how advanced nuclear companies can work together on fuel, supply chains, and regulation to accelerate commercialization globally, based on a shared commitment to advanced nuclear technology as a cornerstone of the clean energy transition.
“This partnership strengthens the growing advanced reactor ecosystem in the face of unprecedented global demand for power,” said Oklo co-founder and CEO Jacob DeWitte. “By teaming up on suppliers, materials data, and licensing insights, we can shorten critical paths to deployment and stay focused on delivering reliable, clean power to customers, while recognizing that we have more to gain from cooperating than from competing.”
Together the fast reactor companies will examine shared suppliers for reactor-agnostic equipment to improve availability, schedules, and cost. Oklo may also supply select components for Blykalla’s direct use to strengthen a vertically integrated, potentially cross-border, supply chain. Oklo may also provide fuel fabrication services to Blykalla. In parallel, Oklo and Blykalla will pursue targeted R&D and regulatory analysis to boost reliability and lower lifecycle costs without requiring design changes.
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