On November 21, 2024, Atomic Alchemy Inc., the company Oklo has proposed to acquire, signed a Memorandum of Understanding (MOU) with Zeno Power Systems, Inc. Zeno Power is a leading developer of commercial Radioisotope Power Systems (RPSs).
Under the MOU, Atomic Alchemy expects to supply Zeno Power with critical radioisotopes, including strontium-90 (Sr-90) and americium-241 (Am-241). These materials are needed to power RPSs, often referred to as 'nuclear batteries,' for remote and off-grid applications such as space and undersea missions.
This collaboration highlights the synergy with Oklo's fuel recycling processes, as these radioisotopes can be produced as co-products. Zeno Power has already secured over $65 million in contracts with entities like NASA, the U.S. Navy, and the U.S. Space Force, indicating a robust market for these specialized power systems.
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