Oklo Inc. (OKLO) began trading on the NYSE on Fri 10 May 24

Oklo Inc. manufactures an emission-free, megawatt-scale atomic generator. The company develops a new kind of nuclear reactor that's small, portable, waste, and carbon-negative. Oklo Inc. has a partnership with Argonne National Laboratory. 

Oklo plans to supply provide clean, reliable, affordable energy to customers across the artificial intelligence, data center, energy, defense, and industrial markets, among others.

• Sector(s): Utilities
• Industry: Utilities - Regulated Electric
• Full Time Employees: 78
• Incorporated in 2013 
• Based in Santa Clara, California.
• https://www.oklo.com

IPO: Fri 10 May 2024  after completing its business combination with AltC Acquisition Corp.

 

 

 

Oklo is working with the Idaho National Laboratory (INL) to develop the Aurora Powerhouse 

Oklo anticipates the first commercial Aurora powerhouse will be deployed in 2027. 

Oklo's Aurora powerhouse

The Aurora Powerhouse is a small, modular nuclear reactor designed by Oklo to produce clean, emission-free energy. 

It is a liquid-metal-cooled fast reactor that is designed to operate on both fresh high-assay low-enriched uranium (HALEU) and used nuclear fuel. 

The Aurora Powerhouse is intended to be low-cost, reliable, and have a small footprint.

Features:

• Fuel: Uses recycled high-assay, low-enriched uranium (HALEU)
• Power output: Can produce up to 50 megawatts of electricity
• Heat: Can produce usable heat
• Refueling: Can operate for 40 years without refueling
• Cooling: Uses heat pipes for heat removal
• Core: Buried underground

Applications:

• Data centers: Can power AI, cloud, and enterprise data centers
• Factories: Can power industrial sites
• Communities: Can power communities facing unreliable energy supplies
• Defense facilities: Can power bases

Eco Wave Power (WAVE) began trading on the Nasdaq on Thur 1 July 21

Eco Wave Power Global AB, a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. 

The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global in June 2021.

• Sector(s): Utilities
• Industry: Utilities—Renewable
• Full Time Employees: 15
• Founded in 2011 
• Headquartered in Stockholm, Sweden
• https://www.ecowavepower.com

Bloom Energy (BE) began trading on the NYSE on Wed 25 July 2018

The Silicon Valley company makes fuel-cell energy systems for large corporate campuses and other installations. The company, which emerged with much fanfare and a "60 Minutes" segment in 2010, had an accumulated deficit of more than $2 billion, debt approaching $1 billion and cash on hand of less than $100 million as it approached the IPO.

New IPO Bloom Energy (BE) jumped in its first day of trading Wednesday, after pricing its initial public offering of 18 million shares of Class A common stock at 15 per share.

The Bloom Energy IPO pricing came in at the high end of the expected 13-15 range and gives the company a valuation of $1.6 billion.

The Sunnyvale, Calif.-based company says it uses proprietary solid oxide fuel-cell technology to "convert fuel into electricity through an electrochemical process without combustion at the highest efficiency of any power solution available in the world today."

Shares leapt 66.7% to close at 25.00 on the stock market today. Among other fuel-cell stocks, FuelCell Energy (FCEL) rose 1.5%, Plug Power (PLUG) rallied 2.6%, and Ballard Power Systems (BLDP) added 0.3%.

A curiosity surrounding Bloom is a 2014 settlement with now-shuttered Advanced Equities. The Chicago-based investment firm raised money for the clean-energy company and was in 2012 charged by the SEC with "misleading investors in private equity offerings."

But as the Wall Street Journal noted Tuesday, Advanced Equities co-founders Dwight Badger and Keith Daubenspeck will receive 200,000 shares of Bloom Energy after the IPO. They threatened legal action against Bloom in 2013, pointing fingers at the company for allegedly misleading them and prompting the SEC sanctions, according to the outlet, citing people familiar with the matter.

News outlet Axios said in June that a source close to Bloom has "no idea" why the clean-energy firm would offer Badger and Daubenspeck further compensation.

Bloom reportedly says the pair's claims lack merit.