Oklo Inc. and Blykalla AB, advanced nuclear technology companies from the U.S. and Sweden respectively, announced an expansion of their transatlantic strategic partnership to broaden collaboration on fast reactor commercialization. Blykalla?which last year raised $50 million in capital to accelerate the industrialization and commercialization of its advanced lead-cooled reactor, the SEALER?aims to deploy capital and engineering resources in the U.S. through this collaboration. Resources include planned investments and expected personnel commitments on the scale of $100-200 million and 30-40 engineers across relevant workstreams, subject to final planning and approvals.

Under the expanded partnership, Oklo and Blykalla expect to pursue workstreams that may include the following: Reactor pilot project: Blykalla will support, where appropriate, select technical workstreams relevant to Oklo?s U.S. Department of Energy?authorized reactor pilot project, such as neutronics and thermohydraulics analyses. This collaboration will help Oklo accelerate its technology development, while enabling Blykalla to advance its reactor deployment capabilities. Fast-neutron irradiation testing: The companies will explore opportunities to support fast-neutron irradiation testing using Oklo?s powerhouses to generate insights for Blykalla?s advanced reactor development.

All collaboration will be conducted in compliance with applicable laws and regulations, including export control requirements and safeguards obligations, and within established DOE and U.S. government program frameworks.