Oklo Inc. has signed multiple definitive, multi-year contracts with Centrus Energy Corp. for high-assay low-enriched uranium (HALEU), the companies announced on Nov. 12, 2026. The agreements formalize a letter of intent the two firms signed in June 2026 and mark one of the first definitive commercial HALEU supply arrangements tied to a specific advanced reactor deployment pipeline.
What the contracts cover
According to Oklo, the contracted HALEU volume is enough to support up to five Aurora powerhouses for multiple years. Deliveries from Centrus's American Centrifuge Plant in Pike County, Ohio, are scheduled to begin in 2029. The fuel will serve the first phase of Oklo's planned 1.2 GW Ohio power campus, future Aurora deployments, and a later refueling of the Aurora-INL reactor in Idaho.
Oklo will make prepayments for future HALEU deliveries. Those prepayments are intended to support construction of new U.S. uranium enrichment capacity with Centrus. The release did not disclose contract price, specific volumes, or the dollar amount of the prepayments.
Why it matters
The deal links three parts of the emerging HALEU chain: enrichment capacity in Ohio, Oklo's sodium-cooled fast reactor fleet, and a large corporate offtaker. Oklo said Meta's previously announced prepayment for future power production supports the HALEU purchase for the Ohio campus. Meta's agreement with Oklo linked prepayment for power with advancement of project development.
'Securing fuel is essential to scaling Oklo's power business beyond its first reactor in Idaho,' said Oklo CEO Jacob DeWitte. He said the agreements support initial Ohio deployments and future Aurora powerhouses.
Centrus CEO Amir Vexler said the definitive agreements show Centrus is positioned to meet substantial upcoming commercial HALEU demand. He added that Oklo's prepayments add to others received and help fund Centrus's buildout.
The agreements connect Centrus's enrichment expansion in Piketon, Oklo's planned Aurora powerhouses, and Meta's commitment to bring new electricity and jobs in support of its Ohio operations. Oklo said the effort is expected to support thousands of direct and indirect jobs at full buildout.
This article was assisted by AI analysis. Please refer to the original source for official information.