Meta宣布将以预付款形式资助Oklo购买用于反应堆的铀燃料，为该初创企业在俄亥俄州派克县建设1.2吉瓦核能园区提供资金支持。这是首例大型科技公司直接购买自身所需核燃料的案例，被称为“核能领域最大交易之一”。此举被视为Meta对核能与Oklo模式的重大信任信号，也标志着私人部门在美国核能重启中的加码投资。该交易是Meta更广泛核能战略的一部分，还包括与Vistra及Bill Gates旗下TerraPower的合作，被政策组织Third Way称为“美国史上最大民用核能投资”。在俄铀进口禁令生效、HALEU（高浓度低丰度铀）价格上涨背景下，Oklo通过获取政府旧库存及部分钚材料缓解燃料来源压力。
核能行业长期面临项目超支与周期延误的困境。美国自上世纪以来仅在2023与2024年完成两座1100兆瓦AP1000机组，耗资超预算数十亿美元且延期逾五年。第二机组成本较首座降低约30%，显示重复设计可带来效率提升。Oklo提出采用小型化模块反应堆以摊薄成本，并采用钠、熔盐或高温气体冷却的新设计以提高铀燃烧效率，而非传统水冷方式。此类设计需依赖HALEU燃料，但除俄中外几乎无商用供应商。Meta的资金可助Oklo在美国实现HALEU国产化生产，缓解关键燃料瓶颈。
尽管市值已在2025年达数百亿美元，Oklo仍未实现营收，且尚未重新向核管会（NRC）提交反应堆许可申请。其2022年申请曾被批为“NRC史上最差”，Oklo则批评监管阻碍创新，并称将再次申报。分析师认为Meta的介入代表关键结构性问题正在被解决，是“时间上的转折点”。若成功，Oklo或将成为美国新一代核能商业化的核心样本。
Meta announced it will pay Oklo upfront to finance the purchase of uranium fuel for reactors, enabling the startup to advance a 1.2-gigawatt nuclear campus in Pike County, Ohio. This marks the first known case of a hyperscaler directly buying the fuel that will power its electricity and is described as “one of the biggest deals in the nuclear space.” The move represents Meta’s strongest vote of confidence in Oklo and nuclear power, part of a broader investment also involving Vistra and Bill Gates–owned TerraPower, labeled by Third Way as “the largest civilian nuclear investment in US history.” Amid a federal ban on Russian uranium imports and rising HALEU (high-assay low-enriched uranium) prices, Oklo secured access to old government stockpiles and plutonium remnants, easing its fuel supply constraints.
The nuclear sector has long faced cost overruns and construction delays. The US completed only two new 1,100-megawatt AP1000 reactors in 2023–2024, billions over budget and over five years late. The second unit’s cost was roughly 30% lower than the first, showing efficiency gains through repetition. Oklo’s approach emphasizes small modular reactors to cut costs, using sodium, molten salt, or high-temperature gas cooling instead of water to extract more energy from uranium. Such designs rely on HALEU fuel, for which Russia and China remain the only commercial suppliers. Meta’s funding may help Oklo domestically finance HALEU production, addressing a critical bottleneck in next-gen reactor deployment.
Despite a market capitalization in the tens of billions by 2025, Oklo has yet to generate revenue or resubmit its reactor license to the Nuclear Regulatory Commission. Its 2022 application was criticized as “the worst the NRC ever had,” though Oklo claims regulators stifle innovation and plans to reapply. Analysts see Meta’s move as a structural breakthrough for US nuclear power, signaling momentum toward solving fundamental barriers and positioning Oklo as a potential cornerstone in America’s new nuclear era.