Oklo, the nuclear power start-up, announced Tuesday that it had entered into a partnership to explore ways to recycle and reprocess nuclear fuel on a shared campus.Oklo said it had signed a memorandum of understanding with nuclear fuel developer Lightbridge to evaluate plans to co-locate their commercial fuel fabrication facilities.

Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain.

Advanced nuclear fuel company Lightbridge and nuclear power plant developer Oklo have signed a memorandum of understanding for a feasibility study into co-locating their planned fuel fabrication facilities and to explore potential for collaboration in recycling nuclear waste.

Oklo (NYSE:OKLO) said Tuesday it signed a memorandum of understanding with Lightbridge (LTBR) to conduct a feasibility study to co-locate a Lightbridge commercial-scale fuel fabrication facility at Oklo's proposed commercial fuel fabrication plant and to explore ways to recycle nuclear waste.