Oklo Inc. (Oklo) and Centrus Energy Corp. have signed a non-binding Letter of Intent (LOI) to cooperate in the deployment of a High-Assay, Low-Enriched Uranium (HALEU) production facility. HALEU is an advanced fuel material that can be used to fuel both existing and advanced fission power plants. Both companies are committed to working toward establishing domestic HALEU production capabilities to support the commercialization of Oklo?s power plants. Together, the two companies are helping lead the commercialization of advanced fission and the HALEU supply needed to fuel them. Oklo?s Aurora powerhouse is the first advanced fission plant design under active licensing review by the U.S. Nuclear Regulatory Commission (NRC). Oklo?s license application is also the only reactor application being reviewed by the NRC currently. Centrus is constructing the country?s first NRC-licensed HALEU production facility in Piketon, Ohio, and the facility is expected to begin demonstrating HALEU production in 2022.