Oklo and Argonne National Laboratory Selected for New $4.5 Million Clean Energy Technology Project by US Department of Energy | Business

SANTA CLARA, Calif.–(BUSINESS WIRE)–February 17, 2022–

Oklo Inc. has been awarded a $4.5 million cost-shared project with Argonne National Laboratory (Argonne) from the U.S. Department of Energy’s (DOE) Agency for Advanced Research Projects- Energy (ARPA-E). The award is funded through the ARPA-E OPEN 2021 program, a $175 million funding opportunity that prioritizes funding technologies that support new approaches to addressing clean energy challenges.

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Oklo Aurora Generating Station (Image: Gensler)

“Oklo is thrilled to have been selected for this competitive award that encourages innovation and pioneers,” said Jacob DeWitte, co-founder and CEO of Oklo. “Improving the state of the art in material liability will be a major impetus for the deployment of an advanced fuel recycling facility, which will unlock a fundamental shift in the costs of advanced fission,” said said DeWitte.

Oklo will partner with Argonne to develop advanced sensor technologies that will enable high-fidelity material accounting. The sensors will be combined with machine learning to improve facility-wide anomaly detection. These cutting-edge technologies will enhance safeguards and safety while improving process efficiencies, which will support the commercialization and licensing of safe and secure fuel recycling facilities.

“Oklo is proud to partner with experts from Argonne, who have successfully demonstrated fuel recycling technologies,” said John Hanson, Director of Special Projects at Oklo. “By developing advanced sensor technology and integrating sensor measurements throughout the fuel recycling facility, the entire electrorefining process will be made safer and more efficient. Ultimately, this will significantly reduce the cost of fuel,” Hanson added.

This project is one of many that Oklo and Argonne are partnering on to lay the foundation for the commercialization of fuel recycling.

About Oklo Inc.: Oklo Inc. (Oklo) is a California-based company that develops advanced fission power plants to provide emission-free, reliable and affordable energy. Oklo received a U.S. Department of Energy Site Use Permitwith success demonstrated prototype fabrication of its metal fuelreceived combustible material from the Idaho National Laboratory and developed the first advanced fission combined license application accepted and registered by the United States Nuclear Regulatory Commission.

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SOURCE: Oklo Inc.

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PUBLISHED: 2/17/2022 5:41 PM / DISK: 2/17/2022 5:41 PM

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