Nuclear power is making a comeback with its efficiency, reliability, and zero emissions. Oklo is working on small modular reactors with advanced fast-reactor technology. Centrus Energy focuses on providing nuclear fuel components and aims to produce low-enriched uranium.

The U.S. is recommitting to nuclear power, with interest in recommissioning old plants and developing new technologies like small modular reactors. Oklo and Centrus Energy are two companies benefiting from this trend, with Oklo surging 365% and Centrus gaining 252% in the past year, outperforming the S&P 500.

Oklo and Centrus Energy are both involved in nuclear energy but at different stages of the value chain. While nuclear power is gaining momentum globally, the U.S. plans to add 35 GW of nuclear capacity by 2035 and 15 GW per year through 2040, creating opportunities for companies like Oklo and Centrus in the long term.

Oklo, founded in 2013, is developing advanced fission power plants using metal-fueled fast-reactor technology. Centrus Energy, established in 1998, provides nuclear fuel components and enrichment services. Oklo aims to have its first reactor operational by late 2027 or early 2028, while Centrus is working on producing low-enriched uranium in-house.

Centrus Energy is positioned to produce high-assay, low-enriched uranium in-house, but it relies on outside sources for now. The company aims to expand its uranium enrichment capacity in Ohio to transition from a reseller to a producer of nuclear fuels. Both Oklo and Centrus are expected to benefit from the growth in nuclear energy in the coming decades.

Read more at Yahoo Finance: Better Energy Stock: Oklo vs. Centrus Energy