Oklo and Siemens Energy Sign Binding Contract to Expedite Procurement of the Power Conversion System for Commercial Power Plant

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $OKLO #advancedfission--Oklo Inc. (NYSE: OKLO) and Siemens Energy have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora powerhouse. The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and initiate the manufacturing process for the power conversion system. This partnership on key components combines Oklo’s expertise in advanced fission technology with Sieme