The deal, still subject to permitting, would allow Oklo to build and operate its Aurora powerhouse reactor at Eielson Air Force Base. The company will design, own, and run the facility once approved.

Key Takeaways Oklo shares surged to a fresh all-time intraday high on Wednesday after the company said it won an Air Force contract.The nuclear energy startup has been selected to build a reactor to provide energy to an Air Force base in Alaska.

Oklo , a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor.