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By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.
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LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region
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Industry News
Oklo and Centrus Sign Letter of Intent to Purchase Nuclear Fuel for Aurora Powerhouse Deployment in Southern Ohio
LCG, June 19, 2026--Oklo Inc. and Centrus Energy Corp. announced yesterday a Letter of Intent under which Centrus agrees to supply enough domestic high-assay low-enriched uranium (HALEU) to power up to five of Oklo's Aurora nuclear powerhouses for multiple years, with deliveries to Oklo scheduled to begin in 2029. Centrus will supply HALEU from its American Centrifuge Plant in Pike County, Ohio to support Oklo’s planned 1.2 GW power campus in the region.
Supported by an agreement with Meta Platforms, Inc., Oklo plans to develop and expand its clean energy campus in Pike County, Ohio incrementally up to the full target of 1.2 GW by 2034. The project is designed to support Meta’s growing data center operations in Ohio while adding carbon-free generation capacity to the grid.
The new Letter of Intent is expected to be followed with a more definitive contract, with the goal to bring together domestic fuel supply, planned advanced nuclear power generation, customer demand, and project execution in southern Ohio while strengthening fuel certainty for Oklo’s planned Aurora powerhouse deployments at a time when access to domestically sourced HALEU is a primary constraint to developing advanced nuclear power.
Oklo's announcement states that the Letter of Intent could include prepayments from Oklo to Centrus to support fuel supply for Oklo’s planned campus buildout and will be further negotiated in a future definitive agreement. It follows Oklo's January 2026 announcement with Meta, which included prepayment to advance project certainty for Oklo’s planned Aurora powerhouse campus.
Centrus plans to leverage billions in private capital along with the previously announced $900 million HALEU task order from the U.S. Department of Energy (DOE). Centrus’ expansion began late last year.
Oklo's co-founder and CEO said, "This agreement aligns core elements of advanced nuclear deployment: power generation, fuel, and customer demand. Southern Ohio brings together decades of nuclear experience and a highly qualified workforce that can move advanced nuclear from planning to deployment."
The development advances Oklo’s broader southern Ohio deployment strategy by aligning Centrus’ enrichment capabilities at Piketon, Oklo’s planned Aurora powerhouse campus, established customer demand, and engineering and construction experience from Kiewit, one of North America’s largest construction and engineering organizations.
The Centrus President and CEO stated, "Today’s announcement is an important step toward ensuring reliable HALEU supply for next generation reactors and represents a crucial milestone as we work to restore America’s ability to enrich uranium at scale. By connecting advanced nuclear power generation and customer demand with domestic HALEU production in southern Ohio, this agreement helps establish a foundation for a new U.S. advanced nuclear energy hub."
Oklo’s fast fission Aurora powerhouses are designed to provide reliable clean power under a build-own-operate model, using liquid-metal cooling with low-water requirements, low emissions, and inherent safety characteristics that make the technology well suited to support new industrial growth in southern Ohio.
Oklo's first nuclear small modular reactor (SMR) project is the 75-MW, Aurora-INL (Idaho National Laboratory), which began construction last September. The Idaho facility is scheduled to commence operations between late 2027 and early 2028, contingent upon regulatory approvals and construction progress. Oklo announced last July that it selected Kiewit Nuclear Solutions Co. as the lead constructor for this project. Kiewit Nuclear Solutions Co. (Kiewit), a subsidiary of Kiewit Corporation, will support the design, procurement, and construction of the Aurora-INL.
Last November, Oklo announced a binding contract with Siemens Energy for the design and delivery of the power conversion system for Oklo’s Aurora powerhouse in Idaho. 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. The agreement combines Oklo’s expertise in advanced fission technology with Siemens Energy’s industry-leading steam turbine and generator systems to reliably produce electricity using proven industrial equipment.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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