Oklo shares rise 1.64% to $59.36 after Centrus signs HALEU supply LOI with 2029 start

Oklo and Centrus Energy signed a letter of intent for domestic high-assay low-enriched uranium (HALEU), with deliveries potentially beginning in 2029 to support up to five Aurora powerhouses over multiple years. The arrangement is framed as one of the early large-scale HALEU supply deals and may include prepayment structures from Oklo, directly addressing a key fuel constraint for commercialization. Oklo shares rose 1.64% to $59.36, but the stock remains in a bearish technical setup and faces resistance at $66.00, according to Benzinga Pro data.