Centrus Energy Corp. announced on November 12, 2026, that it has signed multiple definitive, multi-year contracts with Oklo, Inc. to supply high-assay low-enriched uranium (HALEU). The agreements formalize a previously announced letter of intent from June 2026 and are intended to support the construction of new U.S. uranium enrichment capacity.
Under the terms of the deal, Oklo will make prepayments for future HALEU deliveries. The fuel is scheduled to be produced at Centrus’s American Centrifuge Plant in Pike County, Ohio, with deliveries beginning in 2029. The supply is expected to support up to five Aurora powerhouses for multiple years, including the first phase of Oklo’s planned 1.2 GW power campus in Ohio.
The supply agreement is supported by a prepayment from Meta for future Oklo power production. Oklo CEO Jacob DeWitte stated that securing fuel is essential to scaling the company’s power business beyond its first reactor in Idaho. Centrus CEO Amir Vexler noted that Oklo’s prepayments will help fund the build-out of Centrus’s centrifuge manufacturing processes.
Centrus reported that it has now secured $5.4 billion in customer contracts and commitments to purchase low-enriched uranium (LEU) and HALEU from its new capacity. The company emphasized that the agreements help de-risk its expansion and support thousands of direct and indirect jobs at full buildout.
