Oklo Secures Major Power Deals with Meta and Switch
2 reports, 2 independent
Updated Sep 22
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AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Oklo signed a 12-gigawatt non-binding master agreement with Switch and secured a 1.2-gigawatt agreement with Meta, which includes a prepayment deal. Oklo is competing for global power demand investment against established power infrastructure companies like GE Vernova.
Why it matters
Oklo is a pre-revenue nuclear startup focused on developing small fast-fission reactors to power industrial sites and data centers. This contrasts with GE Vernova, which produces nearly 25% of global electricity and reported $38.1 billion in revenue in fiscal year 2025.
Who's involved
- OkloAmerican nuclear startup developing small fast-fission reactors for data centers
- MetaAmerican technology company securing power capacity and prepayment funding for its campus
- NuScalePrivate company that designs and markets small modular reactors (SMRs) and competes with Oklo
- Liberty EnergyAmerican onshore oilfield services company maintaining a strategic partnership with Oklo
- EquinixData center and colocation infrastructure provider that Oklo has agreements to supply power capacity to
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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Oklo
American nuclear startup company
Related events
- Oklo and Encavis AG are companies operating in the competitive energy sector.
- Oklo is building assets in Ohio, partnering with Meta, and securing HALEU supply from Centrus Energy Group.
- Oklo is building a power campus for Meta as part of its ongoing asset development.
- Oklo and NuScale, two competing SMR developers, are active in the market, with Oklo building a reactor facility in Ohio.
- Oklo announced an agreement to combine with AltC Acquisition Corp. on September 1, 2026.