Oklo Announces Meta Partnership for Nuclear Power Plant in Ohio
Nuclear technology firm Oklo (NYSE: OKLO) has partnered with Meta Platforms (NASDAQ: META) to develop a nuclear facility in south central Ohio, near Cincinnati and Columbus. The project aims to deliver 1.2 gigawatts of power to support Meta's data centers. Pre-construction is set for 2027, followed by general construction starting between late 2028 or 2029, with the first phase expected online around 2030. The facility will use Oklo’s Aurora small modular reactors (SMRs), which are designed to be built more quickly and cost-effectively. However, due to their novelty and lack of proven scalability at this level by 2030, a later timeline is considered more realistic. The company has not yet secured the necessary license from the Nuclear Regulatory Commission. Oklo's stock price has declined significantly in 2026 amid investor caution regarding its business model and SMR technology viability.
Topics: data centers Meta partnership nuclear energy SMRs (Small Modular Reactors)