SANTA CLARA, Calif.–(BUSINESS WIRE)–Oklo Inc. has been awarded a $4.5 million cost-share project along with Argonne National Laboratory (Argonne) from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E). The award is funded under the ARPA-E OPEN 2021 program, a $175 million funding opportunity that prioritizes funding technologies that support novel approaches to clean energy challenges.
“Oklo is excited to have been selected for this competitive award that incentivizes innovation and early-movers,” said Jacob DeWitte, co-founder and CEO of Oklo. “Improving state of the art in materials accountability will be a major boost for the deployment of an advanced fuel recycling facility, which will unlock a fundamental shift in the costs of advanced fission,” said DeWitte.
Oklo will partner with Argonne to develop advanced sensor…