Oklo, NuScale Stocks Rally On US Space Nuclear Power Initiative

Benzinga_recent_news04-16

The announcement comes as part of the newly signed National Initiative for American Space Nuclear Power (NSTM-3), a joint NASA–Pentagon strategy to develop nuclear power systems capable of supporting ...

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Oklo stock gained more than 26% in the past week, while NuScale advanced nearly 20% in the same period. \nBoth Oklo and NuScale are leading players in the small modular reactor (SMR) segment, with designs tailored for scalable, efficient deployment. \nOklo specializes in microreactors designed for remote and off-grid use — a capability that fits neatly into NASA's off-Earth energy ambitions. \nNuScale, meanwhile, remains the only U.S. company with an NRC-approved SMR design, positioning it as a potential partner for government-led demonstrations.\nThe NSTM-3 marks one of the strongest federal alignments yet between civilian space exploration and defense energy research, signaling new investment pathways for microreactor and nuclear propulsion companies. \nAs the U.S. races to establish sustainable lunar operations and interplanetary travel systems, nuclear power is increasingly viewed as the key to making those missions possible — and investors are already taking notice.\nOKLO Price Action: According to Benzinga Pro data, Oklo shares were up 7.06% at $62.72 at the time of publication Wednesday. The intraday range shows a high of $66.62 with 17.6 million shares changing hands. 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