Key Takeaways Oklo shares surged to a fresh all-time intraday high on Wednesday after the company said it won an Air Force contract.The nuclear energy startup has been selected to build a reactor to provide energy to an Air Force base in Alaska.

Oklo commenced a public offering of $400M of common shares, with an underwriters option to purchase up to an additional $60M of common shares.

Oklo , a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor.