Oklo shares rise 15.8% following Atomic Alchemy's partnership with Zeno Power

Oklo Inc. shares rose 15.8% to $24.27 on Thursday. This increase follows news that Atomic Alchemy, a target for Oklo's acquisition, signed a Memorandum of Understanding with Zeno Power. The MOU aims for Atomic Alchemy to supply Zeno Power with radioisotopes, such as strontium-90 and americium-241. These isotopes will be used in Zeno's Radioisotope Power Systems, which generate energy for various applications. Previously, Oklo proposed an all-stock acquisition of Atomic Alchemy. The partnership is expected to enhance the supply of critical isotopes for energy solutions.