May. 27 at 3:22 AM
$OKLO fuel is just one small piece, OKLO’s is derisked by (1) fuel already awarded by DOE for Aurora-INL (2) Plutonium for bridge fuel to support first ~20 Aurora’s, (3) Oklo’s planned
$1.7B nuclear recycling facility in TN, (4) massive
$2B investment in domestic HALEU production.
The bottom-feeder in the sector,
$IMSR is (1) planning FOAK by ”mid-2030s”, (2) uses a technology that has never been commercially operated before in the history of the world and carries massive execution/design risk, (3) only has
$290M on the balance sheet, (4) less scalable model as they only sell designs as a vendor, (5) shouldn’t really even be classified as an SMR at 390MW, as that size will be difficult to achieve the same economies of scale.
$SMR $NNE $SPY
