Exhibit 99.1 FY 2024 Shareholder Letter Letter to shareholders Dear shareholders, The world is catching up to what we've known all along: nuclear power is essential to a clean, dependable, and scalable energy future. In 2024, Oklo took bold steps to lead this transformation. We went public, advanced development at our first commercial site at Idaho National Laboratory (INL), and built a customer pipeline of ~14 GW-one of the largest in our field. At the same time, nuclear energy has gained unprecedented gov ...

OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40583 Oklo Inc. (Exact name of registrant as specified in its charter) Delaware 86-2292473 (I.R.S. Employer Identification No.) (State or other ...

U.S. stocks have recently come under pressure following President Trump's pivot toward more protectionist economic policies. However, seasoned long-term investors recognize that these sharp market pullbacks often present compelling buying opportunities.With this principle in mind, I'm strategically leveraging the current marketwide weakness to accumulate shares of two ultra-high-growth stocks. What follows is a concise overview of their investment theses and key risk factors to consider. AI-powered decision ...

Oklo, Inc. (OKLO) is slated to report fourth-quarter 2024 results on March 24, after market close.     Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for the fourth-quarter bottom line is pegged at a loss of 8 cents per share, suggesting a slight improvement from a loss of 9 cents reported in the prior-year quarter. The bottom-line estimate has remained unchanged in the past 60 daysImage Source: Zacks Investment ResearchOKLO’s earnings came in line with ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Oklo Inc. (OKLO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Oklo Inc. is a member of the Oils-Energy sector. This group includes 247 indivi ...

Core Insights - Oklo Inc. has joined the U.S. Department of Energy Voucher Program to test advanced structural materials for its Aurora powerhouse, aiming to enhance manufacturing efficiencies and accelerate commercial deployment [1] - The partnership is expected to attract long-term growth investors in the nuclear energy sector [2] Stock Performance - Oklo's shares have surged 189.5% over the past year, outperforming the Zacks Alternative-Energy industry's return of 49.4%, the Oils-Energy sector's decline of 0.2%, and the S&P 500's increase of 16.2% [3] - Other industry players like GEV Vernova, Constellation Energy Corporation, and Bloom Energy have also shown strong performance, with share increases of 158.3%, 141.1%, and 113.7% respectively [4] Growth Drivers - The global shift towards clean energy and Oklo's strong quarterly performance have contributed to the increase in share price [5] - In Q3 2024, Oklo added two data center customers, increasing its announced customer pipeline to 2,100 megawatts, a 200% increase since July 2023 [6] - Oklo signed a Memorandum of Understanding with Lightbridge Corporation to enhance fuel recycling capabilities and a non-binding Master Power Agreement with Switch to deploy 12 gigawatts of projects through 2044 [7] Strategic Positioning - Oklo has finalized a Memorandum of Agreement with the DOE Idaho Operations Office, allowing site investigations at its preferred site in Idaho, positioning it to deploy the first commercial advanced fission power plant in the U.S. [8] - The company is developing next-generation fast-fission power plants, with the Aurora line designed to generate 15-50 megawatts electric, scalable up to 100 MWe [11] Financial Outlook - Oklo has yet to generate revenues, with its first Aurora powerhouse set for deployment in 2027, indicating limited near-term performance [12] - The Zacks Consensus Estimate for losses per share for Q1 and full-year 2025 shows no movement, suggesting analysts expect current conditions to remain stable [14] - Year-over-year growth estimates indicate improvement, with a projected 98.12% growth for the current year and 95.73% for the next year [15][16] Valuation Metrics - Oklo's trailing 12-month Price/Book (P/B) ratio is higher than its industry average, indicating investor optimism about its growth prospects [18] Investment Consideration - Investors interested in clean-energy stocks may consider adding Oklo to their portfolio due to its impressive P/B ratio, long-term growth potential, and strong share price performance [19]

Core Viewpoint - Market corrections are a natural part of investing, and while they can be painful, they also present opportunities for savvy investors to capitalize on market extremes [1][8]. Group 1: Market Corrections and Investor Behavior - Over the past decade, Wall Street has experienced several corrections and bear markets, with amateur investors often losing money due to fear [1]. - Legendary mutual fund manager Peter Lynch noted that more money has been lost by investors trying to anticipate corrections than in the corrections themselves [2]. - Investors should adopt an opportunistic mindset during market corrections, understanding their time frame and risk management strategies [2]. Group 2: High-Beta Stocks Performance - High-beta stocks, which exhibit greater price volatility, have suffered significant losses during the current market correction, similar to the declines seen during the S&P 500's 30% drop in March 2020 [3]. - Notable high-beta stocks affected include Tesla (TSLA), Rigetti Computing (RGTI), and Oklo (OKLO) [3]. Group 3: Technical Indicators - The Nasdaq 100 Index ETF (QQQ) has retreated to its 200-day moving average for the first time since August, which historically has led to significant upward movements in the following weeks [5]. - The CNN "Fear & Greed" Index has reached its most fearful level since August 2024, coinciding with the QQQ testing its 200-day moving average [7]. - The VIX, a fear indicator, has seen a significant increase, reaching a level of 69, the highest since the COVID-19 market crash in 2020 [8].

Core Viewpoint - Oklo Inc experienced a significant stock market fluctuation, dropping 13.37% before rebounding with a 12.65% increase following its announcement of participation in the U.S. Department of Energy's Voucher Program [1][2]. Group 1: Company Developments - Oklo's participation in the DOE Voucher Program will support the evaluation and testing of advanced structural materials for its Aurora powerhouse, enhancing scalability, supply chains, and manufacturing [2]. - The collaboration with Oak Ridge National Laboratory is expected to refine fast reactor technologies, enabling Oklo to provide scalable and cost-effective clean energy solutions [3]. - The company has a pipeline of 14 gigawatts of announced customers and partners, positioning it to meet growing energy demands across various applications [3]. Group 2: Market Performance - Despite being 36.09% below its 2025 price target of $55.49, Oklo's stock remains 65.82% up year-to-date and has increased by 316.62% over the last 12 months [8]. - The stock's performance reflects a bullish sentiment, bolstered by the company's strategic partnerships and management setup, including the involvement of Sam Altman from OpenAI [6][7]. Group 3: Strategic Context - The anticipated support from the DOE has been in the works, as indicated by a previous press release regarding a board member's departure to a government position [5]. - The overall energy strategy under the Trump administration and significant investments in AI infrastructure suggest a favorable environment for Oklo's business expansion [7].

Core Viewpoint - Cathie Wood has been reducing her position in Oklo, a nuclear energy company backed by OpenAI CEO Sam Altman, despite its rising popularity in the AI and nuclear sectors [2][3]. Group 1: Company Overview - Oklo has seen a significant increase in its share price, rising by 500% since mid-August, with a notable 96% increase in January, largely influenced by Altman's involvement in a $500 billion AI infrastructure initiative [4]. - The company is currently pre-revenue and is not expected to scale operations for a couple of years, making it similar to a cash-burning startup [5]. Group 2: Investment Activity - Ark Invest sold over 335,000 shares of Oklo between October 21 and February 12, indicating a strategic decision to take profits amid the stock's rapid ascent [2][6]. - The historical performance of SPACs, through which Oklo went public, shows negative returns of 46% and 58% one and three years post-de-SPAC announcement, respectively, with renewable energy being one of the poorest-performing sectors [8]. Group 3: Market Sentiment - Oklo's recent rise appears to be driven by speculative momentum rather than solid operational results, likening it to a meme stock phenomenon [10]. - Investors seeking exposure to nuclear energy in relation to AI may find more established companies to be a safer investment compared to Oklo, which remains highly speculative [10].

Industry Overview - The nuclear power industry is projected to grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2029, indicating a slow-growth market dominated by larger companies like NextEra Energy and Duke Energy [1][2]. Company 1: NuScale Power - NuScale Power specializes in small modular reactors (SMRs) that are prefabricated and assembled on-site, which reduces costs and construction time [3]. - NuScale is the only company with SMRs certified by the U.S. Nuclear Regulatory Commission (NRC), currently approved to produce up to 55 megawatts of electricity [4]. - For NuScale's SMR clusters to be more cost-effective than coal-fired plants, they need to generate at least 77 megawatts, with expectations for NRC certification of these reactors in the near future [5]. - The U.S. Department of Energy (DOE) has offered up to $900 million in funding for the development of more nuclear SMRs, and Amazon is also supporting this initiative [5]. - Despite a promising outlook, NuScale has faced challenges, including the cancellation of plans to build six reactors in Idaho and significant layoffs [6]. - Revenue projections for NuScale indicate growth from $23 million in 2023 to $193 million by 2027, driven by design approvals and new contracts [7]. Company 2: Oklo - Oklo is considered a more speculative investment as it has not yet generated revenue, but it has gained attention due to its former CEO, Sam Altman, of OpenAI [8]. - The company develops microreactors that use metallic uranium fuel, which is denser and cheaper than traditional uranium fuel pellets, producing minimal carbon emissions [9]. - Oklo's flagship microreactor, the Aurora, costs $70 million and can generate 15 megawatts of electricity, significantly less than the cost of traditional reactors for the same output [10]. - The Aurora reactors can be scaled up to 50 megawatts and can operate for over 10 years without refueling, with plans to bring the first reactor online by 2027 [10][11]. - Oklo's enterprise value is currently $6.2 billion, making it a risky investment, but a smaller investment may be justified if long-term goals are achieved [11].