Oklo Inc. (OKLO) soared 26.66 percent to $66.54 on Tuesday after receiving a Notice of Intent to Award from the Defense Logistics Agency Energy. The deal, on behalf of the Department of the Air Force and Department of Defense, positions Oklo to deploy its Aurora microreactor at Eielson Air Force Base in Alaska to supply clean, reliable energy. The stock opened at $53.56 and reached an intraday high of $67.66 on the New York Stock Exchange. Volume spiked to 33.7 million shares, well above the average of 16.2 million. Oklo's 52-week range is $5.35 to $67.66.
This pilot project is part of a broader effort to strengthen energy resilience for national security infrastructure. Under the anticipated agreement, Oklo will design, build, own, and operate the facility under a long-term power purchase contract.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.