nuclear energy
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Amentum: 3,000 New Jobs Fueled by UK Nuclear and Defense Expansion
Amentum announced a significant expansion in the UK, creating 3,000 jobs over four years due to growing demand in nuclear power and defense. This follows discussions between Amentum’s CEO, the U.S. President, and the UK Prime Minister, emphasizing transatlantic partnerships. Amentum is a key partner in UK nuclear projects like Hinkley Point C and Sizewell C, and provides services for the Royal Navy’s submarine fleet. The expansion includes investments in digital engineering, AI, and automation.
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Oklo Inc. Reveals Pricing for Public Offering of Common Stock
Oklo Inc., an advanced nuclear technology firm, is launching a public offering of 6,666,667 Class A shares at $60.00 each, potentially raising $400 million. The capital will fund operations and future investments. Goldman Sachs and BofA Securities are leading the offering, expected to close June 16, 2025. Oklo aims to develop clean, reliable energy via fast fission power plants, while also focusing on radioisotope production and fuel recycling.