Oklo vs. NuScale: Which One Actually Has Paying Customers Lined Up?

Both Oklo and NuScale Power remain in pre-revenue stages despite regulatory progress, with commercialization years away. Oklo projects only $1.1M in revenue this year and $5.7M by 2027, while NuScale's commercial applications remain in negotiation. Both companies face significant cash burn and dilution risks, with valuations that appear to price in future growth as near certainties. Analysts suggest waiting for more favorable entry points before investing in either stock.