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Sam Altman-backed Oklo Begins Trading on NYSE
Disclaimer: I am a shareholder in Oklo Inc.
Sam Altman, Chairman of Oklo since 2015 and former Chief Executive Officer of AltC, said, “Today is a milestone for the entire Oklo team. As one of the initial investors in the company, I’ve seen first-hand how Oklo has proven itself to be a clean energy leader and innovator, developing a cost-competitive go-to-market strategy, and solidifying important relationships with regulators, customers, and suppliers. There are huge growth opportunities ahead. With Jake, Caroline, and the rest of the management team at the helm, I am confident they will continue pioneering advanced fission energy solutions as a public company.”
Read more here.
Other deep tech stories
Future Mobility
World View, a global leader in stratospheric exploration and flight, raised $25M in funding (BusinessWire)
Primoco UAV, a Czech Republic drone company (and one of the largest medium-sized drone makers) reported a 6X increase in sales in the past year (sUAS News)
Customized Drones Hunt Down Hard-to-Reach Graffiti in Washington State (Gizmodo)
Defense Tech
Aurora Flight Sciences was selected by DARPA to build its proposed high-speed VTOL X-plane as part of the SPRINT program (Aurora)
Tesseract Ventures is building nano-sized drones for US Special Operations (DefensePost)
Sikorsky plans to pitch its X2 coaxial high-speed helicopter design for NATO’s Next Generation Rotorcraft Capability (NGRC) program (BreakingDefense)
House lawmaker hopes to resuscitate DoD’s venture capital fellowship program (BreakingDefense)
Space
SES is acquiring rival satellite operator Intelsat for $3.1B, merging 2 of the major GEO satellite operators (SpaceNews)
NASA lays out how SpaceX will refuel Starships in low-Earth orbit (ARSTechnica)
Danti raised $5m to advance its AI-powered search engine that sifts through satellite imagery and drone photos (Payload)
Advanced Computing
Blaize, an AI computing developer providing edge computing solutions, raised $106M in funding (Finsmes)
AI cloud infrastructure startup CoreWeave raised a $1.1B round at a $19B valuation (CNBC)
Honeywell released an AI-based platform that helps improve operations at aerospace manufacturing and maintenance, repair, and overhaul (MRO) facilities (MilitaryAerospace)
Energy
BlackRock, Temasek decarbonization venture raises $1.4B (UtilityDrive)
Stargate Hydrogen, a startup providing green hydrogen solutions, raised a $47M seed round (Finmes)
Buh-Bye, Conflict Minerals: US Gets First Sodium-Ion Battery Factory (CleanTechnica)
Altman-Backed Nuclear Developer’s SPAC Merger Wins Approval (Bloomberg)